April 24, 2018 | Daily JAM, Morning Briefing, Short Term |
Caterpillar (CAT) crystalized the market’s fears in its conference call this morning. After delivering really great results before the market opened–Caterpillar beat Wall Street earnings estimates by 72 cents a share and then raising its guidance for fiscal 2018 to earnings of $10.25 to $11.25, up from prior guidance of $8.25 to $9.25 a share–the shares moved up strongly, climbing by as much as 4.6%. And then came the conference call.
March 1, 2018 | CAT, Daily JAM, Stock Alerts |
I don't think there's any point to waiting around to see how quickly or fiercely China (and the European Union) will retaliate against U.S. exporters after today's announcement that the United States will put a 25% tariff on Chinese (and other imported) steel and a...
January 26, 2018 | CAT, Daily JAM, Stock Alerts |
Investors and traders were determined to sell Caterpillar (CAT) shares after the stock gained 70% in 2017. That determination overshadowed yesterday's good news on fourth quarter earnings and positive guidance for 2018. The shares, which I added to my Jubak Picks...
January 24, 2018 | CAT, Daily JAM, Stock Alerts |
Caterpillar (CAT) looks to be a major beneficiary of the lower tax rates in the Tax Cuts & Jobs Act and for a lower U.S. dollar. (See today's Morning Briefing on the lower dollar.) Not that Caterpillar sales are exactly struggling. The company reported today a 34%...
September 26, 2015 | Uncategorized |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
January 28, 2013 | Uncategorized |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
November 6, 2012 | Daily JAM, JOY |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
October 23, 2012 | Daily JAM, Morning Briefing |
This week has picked up where last week left off—with worries about earnings growth turning into surprisingly bad reports on earnings and revenue growth. Last week the bad news came from General Electric (GE), IBM (IBM), and McDonald’s (MCD). So far this week the bad news is from Caterpillar (CAT), yesterday, and 3M (MMM) and DuPont (DD) today.
October 22, 2012 | Daily JAM, Morning Briefing |
Caterpillar’s post-earnings conference call this morning did nothing for a market spooked on earnings bad news from stalwarts like IBM (IBM), General Electric (GE), and McDonald’s (MCD) last week. Lowered guidance for 2012 and a flat preliminary forecast for 2013 hit the market’s worry zone.
October 24, 2011 | Daily JAM, Stock Alerts |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
January 3, 2011 | Daily JAM, FLR |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...