as the coronavirus pandemic disrupted demand in the construction and mining sectors. The industrial giant on Tuesday reported revenues of $10.6 billion in the first quarter, compared with $13.5 billion in the first quarter of 2019.
Caterpillar posted adjusted earnings per share of $1.60 in the first quarter, compared with $3.25 per share in the same quarter a year ago. The company said it is not providing a financial outlook for 2020 at this time given the "continued global economic uncertainty" due to the pandemic. –
Pretty sure the markets are up because of the 2 trillion I.V the feds currently have on the markets.
This is getting ridiculous
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Stock market live Monday: Dow up 350, retakes 24,000, Gundlach shorting comeback“The markets are bridging to the future.” elerianm said there are 3 issues at play: -When will we fully reopen? -How will we reopen? -Can central banks bridge us to that point? elerianm -Can we convince the minions to go back to their low pay no benefits job? elerianm Ixnay the Central Banks. No longer a part of our new economy or future currency. ByeBye elerianm Unless the fed is paying the bills for 30,000,000 individual Americans the economy is totally F’D. Just wait for the July mortgage apocalypse.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »