Caterpillar Floats Like a Butterfly After Feeling Market’s Sting
October 23, 2014 at 12:27 PM EDT
For the past three months, investors had felt Caterpillar’s (CAT) sting, as the equipment manufacturer was among the worst performing stocks in the Dow Jones Industrial Average. After today’s earnings release, Caterpillar’s shares have floated higher and are the second-best performer in the Dow. David McNew Why the big gain? Caterpillar reported a profit of [...]