- Enables data centre consolidation and IT transformation with a modular data management software platform - Significantly reduces complex legacy backup solutions and allows full protection of data on all platforms with a singular, standard approach.
By Carol Chan
U.S. construction equipment maker Caterpillar Inc. (CAT) is planning a three-year offshore yuan bond issue and has set the price guidance to yield around 3.65%, according to a term sheet seen Wednesday by The Wall Street Journal.
Shares of Caterpillar (CAT) ran up 5.7% in premarket trade Thursday, after the construction and mining equipment maker reported profit and sales that were well above expectations, and raised its earnings outlook for the year.
By Carol Chan
HONG KONG--U.S. construction equipment maker Caterpillar Inc. (CAT) raised 1 billion yuan (US$163.4 million) in a three-year offshore yuan bond issue after setting the price to yield 3.40%, according to a term sheet seen Thursday by The Wall Street Journal.
In a sign that earnings still matter for the stock market, the two Dow industrials components that reported better-than-expected third-quarter profit are contributing about a third of the Dow's 244-point gain on Thursday.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.