Caterpillar Buys Locomotive Maker
Heavy equipment maker Caterpillar said its railroad service unit will spend $820 million cash to acquire locomotive maker Electro-Motive Diesel, The Associated Press reported.
View ArticleMarkets Make a Run, Rising More Than 2%
Stocks in the United States closed higher on Tuesday, sustaining a broad-based rally that for once did not lose steam at the end of the session.
View ArticleU.S. Stocks Drop on New Jitters About Global Growth
Fears that the global economy will worsen gripped the financial markets again Tuesday, with downbeat economic news that investors might have shrugged off in calmer times sending the broad stock market...
View Article6-Day Winning Streak for U.S. Indexes
Stock indexes in the United States rose for a sixth consecutive session on Tuesday, propelled by a strong start to the corporate earnings season.
View ArticleMarkets Sharply Higher on Earnings
Robust quarterly results from some of the nation's bellwether companies galvanized Wall Street on Thursday.
View ArticleCaterpillar Unit Acquires Locomotive Maker
Caterpillar said that its rail-services unit completed the acquisition of locomotive maker Electro-Motive Diesel for $820 million plus a post-closing adjustment estimated at $108 million, The...
View ArticleCaterpillar to Buy Engine Maker From 3i
Caterpillar said Friday that it would buy MWM Holding, a German engine maker, from the British private-equity firm 3i for $810 million in cash.
View ArticleMorgan Stanley Picks Caterpillar Chairman for Its Board
Morgan Stanley said on Monday that it has expanded its board by appointing the outgoing chairman of Caterpillar, James W. Owens, as a director.
View ArticleCaterpillar Gets Bucyrus for $7.6 Billion
Caterpillar, the heavy equipment colossus, is making a big push into mining equipment with its deal for Bucyrus International.
View ArticleAsia Captures Lion’s Share of Big I.P.O.’s
Although General Motors raised $23 billion in the United States, eight of the 10 largest initial public stock offerings this year have taken place in Asia.
View ArticleRegulators Seek More Data on Bucyrus Deal
Caterpillar's proposed $7.6 billion push into mining equipment is being examined by the Justice Department's antitrust unit.
View ArticleBucyrus Shareholders Support Caterpillar Deal
Bucyrus, the mining equipment maker set to be acquired by Caterpillar for $7.6 billion, said Friday that shareholders had voted to approve the deal.
View ArticleFormer Caterpillar Chief Joins K.K.R.
James W. Owens, a former chairman and chief executive of Caterpillar, has joined Kohlberg Kravis Roberts as a senior adviser to its portfolio management committee.
View ArticleThe Top of the Class in Deal-Making
Warren E. Buffett, Groupon's bankers, International Paper, Oracle and Silver Lake Partners are among those who demonstrated nerve and savvy in M.&.A. in 2011.
View ArticleChina Flexes Its Regulatory Muscle, Catching Google in Its Grip
China is having the final word on Google’s biggest and perhaps most strategic deal to date — its proposed $12.5 billion acquisition of Motorola Mobility, the American handset maker and communications...
View ArticleCaterpillar Buys Locomotive Maker
Heavy equipment maker Caterpillar said its railroad service unit will spend $820 million cash to acquire locomotive maker Electro-Motive Diesel, The Associated Press reported.
View ArticleMarkets Make a Run, Rising More Than 2%
Stocks in the United States closed higher on Tuesday, sustaining a broad-based rally that for once did not lose steam at the end of the session.
View ArticleU.S. Stocks Drop on New Jitters About Global Growth
Fears that the global economy will worsen gripped the financial markets again Tuesday, with downbeat economic news that investors might have shrugged off in calmer times sending the broad stock market...
View Article6-Day Winning Streak for U.S. Indexes
Stock indexes in the United States rose for a sixth consecutive session on Tuesday, propelled by a strong start to the corporate earnings season.
View ArticleMarkets Sharply Higher on Earnings
Robust quarterly results from some of the nation's bellwether companies galvanized Wall Street on Thursday.
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