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Komatsu Has No Competition In Bid To Buy Joy Global, Baird Goes Neutral
Friday, September 2, 2016 - 1:47pm | 354A day after Joy Global Inc. (NYSE: JOY) reported lower-than-expected results, Baird Equity Research downgraded the shares to a Neutral rating. Analysts Mircea Dobre and Joseph Grabowski cited that there is no competition to bid the company following Komatsu's offer to buy it. However, the brokerage...
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Citi Meets With Caterpillar's CFO: Cautious China Outlook And 'Stepped Up' Price Competition
Tuesday, May 31, 2016 - 8:50am | 216Citi's Timothy Thein reiterated Caterpillar Inc. (NYSE: CAT)'s Neutral rating and $75.00 price target after meeting with the company's CFO. After Caterpillar's disappointing 1Q sales estimates, management believe A/M volumes have stabilized, as there were "signs of increased quoting activity for...
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Barron's Recap: The World's Most Respected Companies
Monday, June 30, 2014 - 6:09am | 945This weekend in Barron's online: the annual ranking of the world's most respected companies, as well as the prospects for International Paper, NetApp, Adobe Systems, ResMed, Bank of America, Chico's FAS and more. Cover Story "The World's Most Respected Companies" by...