Caterpillar Inc., the largest maker of construction and mining equipment, has provided the best risk-adjusted return among its peers since financial markets hit bottom in 2009 as it made acquisitions and expanded in emerging markets such as China.
Seven publicly traded U.S. corporations represented on President Barack Obama ’s advisory council for jobs and competitiveness -- including General Electric Co. and Intel Corp. -- have devoted a growing pool of their non-U.S. earnings to investments in other countries.
Last month, Verizon Communications Inc. Chairman Ivan Seidenberg accused the federal government of “injecting uncertainty into the marketplace.” Last week, he was named to a presidential panel on U.S. exports.
The index of U.S. leading indicators probably climbed in April at the slowest rate in more than a year, a sign economic growth may cool to a more sustainable pace, economists said before reports today.
Rising sales at companies from Boeing Co. to chipmaker Intel Corp. and railroad CSX Corp. show U.S. businesses are growing even before a boost investors predict from the next round of Federal Reserve monetary easing.