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Caterpillar Slashes Outlook for 2015
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FBN’s Adam Shapiro on Caterpillar shares falling after the company lowers earnings estimates for 2015.
- Duration 0:52
- Date Sep 24, 2012
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FBN’s Adam Shapiro on Caterpillar shares falling after the company lowers earnings estimates for 2015.
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-- Adam Shapiro -- Fox Business -- Caterpillar shares are under pressure after slashing its outlook for 2015.
The company now sees earnings per share.
Of up to eighteen dollars on revenue of up to 100 billion dollars less -- for state and oil settles at a seven week low on renewed concern over the European debt crisis a stronger US dollar also -- -- told.
Oil prices continuing their downward trend -- to start to see some relief up.
According to triple -- the price for a gallon of regular gasoline is down six cents from a week ago the price now three dollars and eighty cents.
And paycheck reporting -- -- paychecks reporting.
Mixed first quarter results after the closing bell.
Earnings for the payment processing software company beat estimates by a penny 42 cents a share revenues fell short of expectations at 578.
Point two million dollars.
That's the latest from the Fox Business Network giving you the powder.