Analysts were expecting revenue of just $9.38 billion for the quarter, according to the consensus from Refinitiv. Shares of Caterpillar, a Dow component, were up more than 1% in premarket trading.
An employee assembles an excavator at the Caterpillar Inc. manufacturing facility in Victoria, Texas.The euro zone economy contracted by 12.1%The region's largest economies, including Germany, Italy, France and Spain, contracted by double digits during the period due to strict lockdown measures amid the coronavirus pandemic.The number was not as bad as feared, however, as economists surveyed by Dow Jones had expected a 34.7% decline.
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$600 federal unemployment benefit will expire on Friday without a deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Just like the fiscal cliff a year or two ago. It's the exact same exercise. But, here, a new FBI building or military planes are not needed. Defence is very important but not during public health and economic crises. Those must be solved first. Sad and disgusting. Vote Blue!
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