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.
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.
Caterpillar Inc. , the world’s largest maker of construction and mining equipment, raised its full-year earnings forecast and posted third-quarter profit that topped analysts’ estimates. The shares fell after it said tax, pension and research costs will rise in 2011.
President Barack Obama plans to announce an initiative today that links companies including McDonald’s Corp . and United Technologies Corp . with community colleges for programs aimed at boosting the job skills of American workers.