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Industrials News

Caterpillar raises 2014 forecast as profit beats estimates

Caterpillar raises 2014 forecast as profit beats estimates

Caterpillar Inc., the largest maker of mining and construction equipment, posted first-quarter earnings and sales that beat analysts' estimates as it boosted its full-year outlook on...

Posted on 4-24-2014 at 8:09 AM
Recall costs slam General Motors

Recall costs slam General Motors

General Motors Co. on Thursday posted lower quarterly profit after a massive recall due to defective ignition switches linked to at least 13 deaths, but results still topped Wall Street...

Posted on 4-24-2014 at 7:44 AM
Toyota outsells GM, Volkswagen in first quarter

Toyota outsells GM, Volkswagen in first quarter

Toyota Motor Corp. kept its position as the world's best-selling car maker in the first quarter of 2014, beating rivals Volkswagen AG and General Motors Co. after it sold record 2.58...

Posted on 4-23-2014 at 2:14 PM
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Canada moves to phase out old rail cars

Canada will require that the use of older rail cars for carrying crude oil be phased out within three years, even though the United States has yet to make such a rule change.

Posted on 4-23-2014 at 1:16 PM
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Boeing exceeds profit, sales forecasts

Boeing Co. reported an 8 percent increase in quarterly revenue, helped by a rise in commercial aircraft deliveries.

Posted on 4-23-2014 at 8:18 AM
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Cost savings help Canadian Pacific tops profit estimates

Canadian Pacific Railway Ltd. reported first-quarter profit that beat analysts’ estimates as a drop in benefits and compensation spending helped the country’s second-largest railroad blunt...

Posted on 4-22-2014 at 8:37 AM
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Valeant, Ackman in $45B bid for Botox-maker Allergan

Corporate raider Bill Ackman is teaming up with Canadian-based drug giant Valeant Pharmaceuticals International Inc. in a $45.6 billion bid for California eye and skin care company Allergan...

Posted on 4-22-2014 at 8:19 AM
GM seeks court protection against ignition lawsuits

GM seeks court protection against ignition lawsuits

General Motors Co. filed a motion in a U.S. bankruptcy court to enforce a bar on lawsuits related to ignition defects in cars sold before its 2009 bankruptcy as it fights a class action...

Posted on 4-22-2014 at 7:43 AM

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