Investments and investor services
Canadian markets close down, mirroring global markets
The IMF cut Canada's economic growth forecast nearly half a percentage point to 1.5% in its new World Economic Outlook
Company
NYSE:CAT
Caterpillar Inc is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company operates through its three primary segments: Construction Industries, Resource Industries and Energy & Transportation.
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Investments and investor services
The IMF cut Canada's economic growth forecast nearly half a percentage point to 1.5% in its new World Economic Outlook
Hardware & electrical equipment
The two companies would establish a range of programs to promote the benefits of the Guardian system, which detects driver fatigue and distractions in real time
Investments and investor services
Also making moves Wednesday were PG&E and software company Blackbaud
Markets were unsettled by the US-North Korean nuclear summit, which is underway in Vietnam, and rising tensions between India and Pakistan
Investments and investor services
Other notables for the day include AutoZone, Caterpillar, Etsy, Home Depot, Tenet Healthcare and JM Smucker
Also on the move was Southwest Airlines, Garmin, Caterpillar and Boeing
Hardware & electrical equipment
The group said its first half revenues were in line with revised projections while full year forecasts were unchanged
Archive
Sears edged up after a judge gave Chairman Eddie Lampert another chance to buy the retailer out of bankruptcy and save 50,000 jobs
Northrop Grumman was a top gainer on the S&P 500 after reports that President Trump backed plans for a $750 billion military budget request
Hardware & electrical equipment
Jack Boyer said the firm had had its position as “a leader in camera-based driver monitoring technology” validated by five programme awards with world-leading automotive OEMs
Also in the frame in pre-market deals is Arconic Inc and the latest court update on the Monsanto, weedkiller case
“If the strong growth in income and jobs continues, further gradual increases in the target range for the federal funds rate will likely be appropriate,” Fed chair Jerome Powell said in prepared remarks
The Dow Jones Industrial Average index in Friday gained 0.43%, or over 110 points to settle at 25,669
FTSE 100 closed ahead as the new trading week began, but off the 7,600 level, adding over 32 points to 7,591
The company, considered a bellwether of the global economy, bumped up its full-year profit forecast
Also in pre-market deals, Loews Corp shares went lower but KBR gained ground..
Investments and investor services
The Dow climbed up triple digits with the help of strong earnings from Facebook and Visa
The company considered the bellwether of the global economy smashed Wall Street expectations on strong sales
Dow 30 companies Caterpillar, Coca-Cola and Verizon beat consensus estimates in the first quarter
Investments and investor services
After falling for four sessions in a row the Dow Jones was set to open sharply higher