American Industrial Chic: Caterpillar Lifestyle Apparel Launches in Pakistan
By Kat Lonsdorf and Patrick Martin KARACHI, PAKISTAN – Shanza Jamin, 23, stood in a bright yellow jumpsuit in the middle of Dolmen Mall Clifton, a multi-story trendy shopping mall on the banks of the Arabian Sea in Karachi, Pakistan. Nine other young women, all dressed in the same matching jumpsuit, gathered around her, sitting or […]
Caterpillar shares rise on upside earnings
By H. Will Racke Caterpillar Inc. managed to surpass Wall Street’s fourth-quarter expectations even as fierce global headwinds battered earnings. In the latest quarter, the heavy-equipment titan showed a net loss of $87 million, or 15 cents per diluted share, in sharp contrast with earnings of $757 million, or $1.23 per share, in the final […]
Ailing markets signal hard times ahead for Caterpillar
By H. Will Racke Last year was a rough one for Caterpillar Inc. Unfortunately for the heavy machinery giant, a cyclical downturn in the global industries it supplies could make 2016 as bad or worse. The Peoria, Ill.-based firm is the world’s largest manufacturer of construction, mining and energy extraction equipment. Its dominant position in […]
