Doug Oberhelman

A group of more than two dozen CEOs have been tapped by President Donald Trump to create recommendations to grow the American manufacturing sector. The group convenes at a time when Trump is pledging to cut corporate taxes, slash regulations and also heavily tax companies that outsource...

Caterpillar Inc. (NYSE: CAT) CEO Doug Oberhelman hopes that 2016 is the last down year for the company after a slump in demand led the heavy equipment maker to report lower-than-expected quarterly earnings and cut 2016 earnings outlook. "We're close to the bottom or bottoming,"...

Caterpillar Inc. (NYSE: CAT) disappointed the Street with its second-quarter earnings report earlier on Thursday. The company argued that slow growth in the global economy is hitting the company hard. CNBC's Jim Cramer was seen discussing Caterpillar's results, highlighting how bad the...

Caterpillar Inc. (NYSE: CAT) announced on Wednesday it will boost its regularly scheduled, quarterly dividend rate by 10 percent from $0.70 per share to $0.77. The new dividend is payable on August 20 to shareholders of record at the close on July 20. Dividend Announcement Specifics Wednesday's...

Heavy equipment maker Caterpillar (NYSE: CAT) -- which just announced that its CEO's compensation was slashed due to the stock's underperformance last year -- is scheduled to report its first-quarter 2014 results on Thursday, April 24, before the markets open. Investors will be watching for...

Caterpillar (NYSE: CAT), shares of which have pulled back lately after noted short-seller Jim Chanos said he was short the stock, is scheduled to report its second-quarter 2013 results Wednesday, July 24, before the markets open. Caterpillar has grown increasingly dependent on China, with almost a...

Caterpillar (NYSE: CAT) has opened the week slightly up, despite missing first-quarter earnings estimates and lowering its guidance. The Peoria, Illinois-based firm's EPS declined 45 percent to $1.31, missing the Wall Street consensus of $1.40. Revenue declined 17.5 percent year-over-year to $13...

Numbers at Caterpillar (NYSE: CAT) are being reduced for the year, and Chairman and CEO Doug Oberhelman appeared on CNBC's Squawk Box to talk about Caterpillar cutting their outlook and global economic trends. Highlights from the earnings call: Q1 EPS of $1.31 vs. $1.40 ests. Q1 Revs. of $13.21B...

Altera (NASDAQ: ALTR): Shares of Altera traded up on Wednesday after the company reported second quarter earnings that were down 24 percent, but that beat analyst estimates. The company earned $162.7 million, compared to $214.6 million in the same period last year. The board of director approved to...

Caterpillar (NYSE: CAT) CEO Doug Oberhelman is saying that the trend toward urbanization is a boost to mining, which is the reason for the purchase of Bucyrus (NASDAQ: BUCY) this morning. Oberhelman is saying that there are no real cost savings from this deal, that this was a deal to enhance...