Doug Oberhelman News
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U.S. stocks rose, after the biggest weekly loss in five months for the Standard & Poor’s 500 Index, as Caterpillar Inc. jumped and a rally in commodity prices spurred energy and raw-material producers.
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Caterpillar Inc., the world’s largest maker of construction and mining equipment, rose the most in three months after saying it sees increased sales of building equipment and plans more production in China.
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Caterpillar Inc., the largest maker of mining equipment, posted disappointing first-quarter earnings, cut its 2013 forecast and lowered “significantly” its outlook for demand from commodities producers.
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Factory production in the U.S. unexpectedly dropped in March, adding to recent signs that manufacturing is cooling.
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George Schaefer, who led Caterpillar Inc. from losses to a period of record profits from 1985 to 1990 and removed “Tractor” from its name, has died. He was 84.
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Caterpillar Inc., the world’s biggest maker of construction and mining machines, wants more visas for engineers and a path to legal status for undocumented immigrants.
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Caterpillar Inc. Chief Executive Officer Doug Oberhelman said he will campaign later this year for a cut in U.S. government debt because the issue affects customers of the largest maker of construction and mining machinery.
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Caterpillar Inc. Chairman and Chief Executive Officer Doug Oberhelman anticipates a recovery in China, the world’s second-largest economy, as the government focuses on urbanization.
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Caterpillar Inc. Chief Executive Officer Doug Oberhelman is less than five months into the job and already outpacing his predecessor in acquisitions as he seeks to boost sales to emerging markets.
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Caterpillar Inc. Chairman and Chief Executive Officer Doug Oberhelman said the U.S. and China “need each other” as the global economy slows.
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