fbpx

Stay Informed. Stay Competitive with FREE Insights on the Stock Market, Dow 30 & Emerging Opportunities. Get Free Email Updates

Stay Competitive With Stock Market Updates!

Get Free Updates

Caterpillar Asia-Pacific Sales Dragging

By John F. Heerdink, Jr.
Dow 30 Component Caterpillar, Inc. (CAT) is the world’s chief manufacturer of diesel and natural gas engines, construction and mining equipment, industrial gas turbines, and diesel-electric locomotives. Caterpillar, Inc. also works to make sustainable progress possible and contributes to driving positive change on every continent. Reportedly, Caterpillar has experienced a 4% drop in its retail sales of machines used for construction and mining in the Asia-Pacific region over a period of three-month ending May. The drop in sales raises further concern over recent trade tensions with China, as the country accounts for 10% of the company’s sales and accounts for the largest commodities importers in the world. However, as per the regulatory filing of the company the retail sales saw an overall gain of 6% globally. To learn more about Caterpillar, Inc. (CAT) and to continue to track its progress please visit the Vista Partners Caterpillar, Inc. Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Join us at Vista Partners! It’s FREE to receive email updates.
11

Caterpillar’s machine sales in Asia-Pacific down 4% for three months

China accounts for up to 10% of the company’s sales and is critical to its growth prospects as it is one of the world’s largest commodities importers. Despite the drop, machine retail sales globally rose 6% during the period, the world’s largest construction equipment maker said in a regulatory.. finance.yahoo.com
Read Full Article


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us