Caterpillar news stories on Newser

Amphibious Caterpillars Can Live Underwater for Weeks

Emily Rauhala — Tue, 23 Mar 2010 08:37:32 CDT

Researchers in Hawaii have discovered several species of caterpillars that live underwater for weeks at at time. What's more remarkable is that insects don't have gills—or hold their breath. Other amphibious creatures that survive under water store oxygen in their lungs. These guys don't. "I couldn't believe it," says...

Dow Up 46 Ahead of Earnings

Nick McMaster — Mon, 11 Jan 2010 15:12:41 CST

The markets were mixed today as traders awaited the launch of quarterly earnings season, which began after the bell. Dow component Caterpillar gained on trade figures from China, the Wall Street Journal reports. The Dow gained 45.80 points to close at 10,663.99. The Nasdaq lost 4.76,...

Dow Climbs 96 to New 2009 High

Nick McMaster — Mon, 19 Oct 2009 15:19:24 CDT

Stocks rallied today on expectations for this week’s earnings reports, with the Dow rising 96.28 points to hit a new 2009 high of 10,092.19. Caterpillar, which reports tomorrow, gained 6.5% after saying it would raise prices. American Express, which reports Thursday, gained 2.6%. Traders were...

Tech Falls, But Dow Up 68

Harry Kimball — Tue, 21 Jul 2009 15:11:53 CDT

Stocks closed with modest gains today as the tech and financial sectors, drivers of the recent rally, lost some steam, the Wall Street Journal reports. Nonetheless, the Dow was boosted by a 7.7% rise by Caterpillar, which reported a smaller-than-expected profit decline and raised its full-year earnings forecast. Apple...

Manufacturing Stats Send Dow Down 187

Nick McMaster — Mon, 15 Jun 2009 15:18:55 CDT

Stocks fell today as a sharp monthly decline in the New York Fed’s manufacturing index hammered the materials, industrial, and energy sectors, the Wall Street Journal reports. Alcoa fell 6.3%, with Caterpillar, John Deere, and GE also down. In housing, the National Association of Home Builders’ index of demand...

Stocks, Oil Jump Together

Kevin Spak — Wed, 10 Jun 2009 08:49:00 CDT

Stocks jumped at the open today, with the Dow up 61 points, the Nasdaq adding 0.5%, and the S&P gaining 0.7%, powered by strong moves in its energy and basic materials sectors. That was due in part to the surge in fuel prices, with oil clearing $71 a...

Earnings Send Stocks South

Kevin Spak — Tue, 21 Apr 2009 08:40:51 CDT

Stocks slid at the open this morning, after a rash of less-than-inspiring earnings reports from major companies. The Dow was down 30 points, as components Coca-Cola, Caterpillar, Dupont, and Merck all posted lousy first quarters. Caterpillar swung to a loss and slashed guidance, sending shares down 5%, while Dupont fell...

Worries Prevail, Dow Falls 42

Nick McMaster — Mon, 06 Apr 2009 15:27:25 CDT

Stocks fell today, ending a 4-day winning streak for the Dow as worries about grim first-quarter earnings reports spooked investors, the Wall Street Journal reports. Alcoa, which will give its report tomorrow, fell 4.3%, as did Caterpillar, off 3.5%. The Dow fell 41.74 to close at 7,...

Dow Drops 300 to Lowest Close Since '97

Nick McMaster — Mon, 02 Mar 2009 15:18:18 CST

Investors sold stock in droves today amid continued financial-sector woes and a poor report on manufacturing, the Wall Street Journal reports. Financials sank, and the manufacturing woes sent General Electric, Boeing, Caterpillar and 3M into downward spirals. The Dow fell 299.64 to close at 6,763.29. The Nasdaq...