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Cat Financial reported that its First-quarter 2018 profit was $91 million, a $24 million, or 21 percent, decrease from the first quarter of 2017. Profit before income taxes was $124 million for the first quarter of 2018, compared with $167 million for the first quarter of 2017. The decrease was primarily...

Caterpillar Inc. (CAT) Tuesday reported a surge in first quarter profit of consolidated and affiliated companies to $1.667 billion from $194 million last year. On a per share basis, earnings increased to $2.74 from $0.32 in the prior year. On an adjusted basis, the company reported profit of $ 2.82 per...

Lockheed Martin (LMT) raised its outlook for fiscal year 2018. The company raised its fiscal year 2018 earnings per share outlook to a range of $15.80 - $16.10 from the prior outlook of $15.20 - $15.50. Analysts polled by Thomson Reuters expect the company to report earnings of $15.56 per share for fiscal...

While reporting its first-quarter financial results today, 3M Co. (MMM) lowered the high end of its fiscal 2018 adjusted earnings as well as local-currency sales growth outlook range. For fiscal 2018, 3M updated its outlook for reported earnings to a range of $8.68 to $9.03 per share. Excluding...

While reporting its first-quarter financial results today, Verizon Communications Inc. (VZ) affirmed its financial outlook for fiscal 2018. The company continues to forecast consolidated revenues to grow at low-single-digit percentage rates on a reported basis. The company also affirmed its outlook...

Mitel (MITL, MNW.TO) announced a definitive arrangement agreement under which the company will be acquired by an investor group led by affiliates of Searchlight Capital Partners, L.P. in an all-cash transaction valued at approximately $2.0 billion, including Mitel's net debt. Mitel shareholders will...

Masco Corp. (MAS) on Tuesday affirmed its earnings outlook for the full-year 2018 in the range of $2.36 to $2.51 per share, and adjusted earnings in the range of $2.48 to $2.63 per share. On average, 24 analysts polled by Thomson Reuters expect the company to earn $2.57 per share for the year. Analysts'...

Amazon.com Inc. (AMZN) today announced that Amazon Key, the service that already enables in-home delivery and keyless guest access, now gives customers an option to receive deliveries inside their vehicle. The company noted that with Amazon Key In-Car, Prime members with compatible vehicles can now...

Harley-Davidson, Inc. (HOG) reported that its worldwide retail motorcycle sales in the first quarter were down 7.2 percent to 51,086 units from last year. Motorcycle shipments also declined 9.7 percent to 63,944 units from last year. Harley-Davidson U.S. retail motorcycle sales were down 12.0 percent...

While reporting its first-quarter financial results today, Travelers Companies Inc. (TRV) said its board of directors declared a quarterly dividend of $0.77 per share, an increase of 7 percent. This dividend is payable on June 29, 2018, to shareholders of record as of the close of business on June 8, 2018.

Waters Corp. (WAT) revised its guidance for full-year 2018 non-GAAP earnings per fully diluted share to the range of $8.10 to $8.30, from the prior guidance range of $8.00 to $8.25. The company reiterated full-year 2018 guidance for constant currency sales growth in the mid-single-digit range, which...

Deutsche Post DHL Group (DPSGY.PK) announced the company is aiming to achieve an operating result of 4.15 billion euros in 2018. The company aims to generate an operating result of more than 5 billion euros by 2020. The company proposed a dividend of 1.15 euros per share for 2017. With this dividend,...

Swiss nutrition, health and wellness giant Nestle SA (NSRGY, NSTR.L) announced Tuesday the inauguration of two new factories in the China Medical City in Taizhou. The factories will meet the needs of consumers for Foods for Special Medical Purposes (FSMP) and skin care products. The 150 million...

innogy SE (IGY.DE) announced, for the current fiscal year, the company forecasts about 2.7 billion euros in adjusted EBIT and adjusted net income of more than 1.1 billion euros. The company also confirmed its intention to continue paying 70 to 80 percent of adjusted net income as a dividend. The Executive...

Polaris Industries Inc. (PII) increased its full year sales guidance and now expects sales to be in the range of four percent to six percent over 2017 adjusted sales. The company narrowed its earnings guidance range for the full year 2018 and now expects adjusted net income to be in the range of $6.05...

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