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United Rentals' New Acquisition, Explained
Thursday, August 17, 2017 - 11:17am | 537United Rentals, Inc. (NYSE: URI), the world's biggest construction equipment rental provider, confirmed on Wednesday it plans on acquiring rival chain Neff Corp (NYSE: NEFF) for $1.3 billion, or $25 per share. UBS's Steven Fisher commented in a research report that the acquisition of Neff...
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Cramer: The Title For 'Most Serious' Beat And Raise This Quarter Goes To Caterpillar
Tuesday, July 25, 2017 - 10:55am | 338Shares of Caterpillar Inc. (NYSE: CAT) hit a new all-time high of $114 Tuesday after the company reported what CNBC's Jim Cramer described as the "most serious beat and raise" of any company this quarter. Caterpillar earned $1.49 per share in the second quarter on revenue of $11.331 billion, which...
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Caterpillar Earnings Preview: Mining Slump Still a Drag
Friday, January 24, 2014 - 1:24pm | 758Heavy equipment maker Caterpillar (NYSE: CAT) -- which has been facing increased competition from mining equipment makers in China and India -- is scheduled to report its fourth-quarter full-year 2013 results on Monday, before the markets open. While the housing and wider economic recovery are...