Meggitt secures long term supply agreement with Caterpillar subsidiary
The FTSE 250 aerospace components maker said the 5-year agreement would entail the supply of electric valves and actuators for multiple engine programmes at Solar Turbines
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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The FTSE 250 aerospace components maker said the 5-year agreement would entail the supply of electric valves and actuators for multiple engine programmes at Solar Turbines
By the market’s close in NY, the Dow Jones had seen its worst day since the eighth of February
A look at the after hours trade in New York on Tuesday
A look at the movers and shakers after hours in New York
Significantly, Caterpillar said it expected growth in many of its end markets during 2018
Proactive takes a look at some highlights of pre-market trade before the bell in New York
Crews were called to President Trump's luxury block at East 57th Street and Fifth Avenue early in the morning
US benchmarks were lower on Wednesday as traders mulled some disappointing earnings reports
The Dow Jones is still higher into the close after starting higher
“Higher sales volume and our team's focus on cost discipline resulted in improved profit margins across our three primary segments,” said Jim Umpleby, Caterpillar chief executive.
Proactive takes a loom at what's moving the needle in pre-marlket deals in New York
Hardware & electrical equipment
Excluding the impact of a hefty one-off payment from Caterpillar last year, Seeing saw like-for-like revenues double in the year to June, driven by another strong performance from its Guardian fleet division
Hardware & electrical equipment
Seeing said it is on track to generate the first revenues from its rail business this year
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US stocks powered up throughout the day as traders digested a host of big cap earnings
The company beat second quarter forecasts and raised its sales and profits guidance (again)
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The global addressable market estimated to be $100 to $200 billion.
Here's what's moving early on as Wall Street readies to open for business