Caterpillar’s never-ending journey
By Mike Brezonick22 February 2021 “Caterpillar facilities operate as essential businesses all around the world. If we can’t keep the lights on, if we don’t have fuel or engine parts for trucks to deliver medicines and groceries, if we don’t have machines to help provide clean water, the world has a big problem.” - Jim Umpleby, Caterpillar CEO
An interview with Caterpillar CEO Jim Umpleby
By Mike Osenga
James (Jim) Umpleby III has been chairman of the board of directors and chief executive officer of Caterpillar Inc. since December 2018. He was named CEO in January 2017 and was elected chairman of Caterpillar’s board 23 months later.
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Industrial sector focus. I write about electrical equipment, transportation, and multi-industry industrial stocks. Engineer, investment manager and property developer. I m a firm believer that there is something noble about the industrial sector. Blue collar workers physically making a better world. Follow me on Twitter to receive quick and thorough analysis of your favorite stocks.
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For a number of reasons, the construction, mining equipment, and energy and transportation equipment company
Caterpillar (NYSE:CAT) is well set for a recovery in 2021. Many investors will be tempted to buy into the stock on that basis, but the key question is whether the stock is a buy or not. Let s take a look at what s going in 2021 and try to shed some light on the answer.
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. Updated: 06 Feb 2021, 12:21 AM IST The Wall Street Journal
The leaders of Microsoft, Exxon Mobil and UPS, among others, describe how business is evolving during the coronavirus pandemic
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How Caterpillar Q4 and 2020 Revenue Plunge Positions Cat to Emerge as an Even Stronger Company
The COVID-19 pandemic cut demand and dealers reducing inventories pulled sales and revenues down steeply in the quarter and year, but Caterpillar CEO Umpleby says the results demonstrate the team’s agility executing long-term strategy in a harsh economy
February 3, 2021
Caterpillar Inc. released its fourth-quarter and full-year 2020 results late last week, with both reflecting changes in dealer inventories and decreased end-user demand – presumably due to the COVID-19 pandemic s impact on the global economy and outlook – that drove sales and revenues downward.
The company reported sales and revenues for fourth quarter 2020 of $11.2 billion, down 15% compared to the $13.1 billion reported in Q4 2019. Sales were lower across the company’s three primary segments, with the largest decline in Energy & Transportation (-19%). Construction Industries’ total sales were $4.508