Latest Breaking News On - Gerald forde - Page 1 : comparemela.com
welcome to power lunch , i m the dow off by 52 points, and nasdaq is lower by 27, as melissa said, soaring in the debut, i almost said snoring. more on that in a moment, but, first, we are following a big breaking story on caterpillar. the stock plunged in the past hour on news federal agents are searching that company s global headquarters, off nearly 5%, you see from the intra-day chart when the news broke. these photos coming into cnbc. in them, irs agents are gathered outside the headquarters. let s get to morgan with more on the developing story. morgan? reporter: that s right. as you mentioned, shares of caterpillar sliding now, as federal agents search three facilities, including in illinois. as you see from the photos, you just showed one, there s another one that has cars lined up outside of the head quarters, and those cars belong to federal agents. in this particular picture, you see agents from the irs, also fbi and commerce department participating in these s
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