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Construction Equipment
Cat sales jump 20% in 2018: Record profit per share, but stock dives
Despite the good news, Caterpillar also saw a 9% plummet in its stock on Monday, January 28, 2019. Get the latest news from Caterpillar on Equipment World.
February 3, 2019
Dealers
United Rentals finalizes purchase of Neff for $1.3 billion
United Rentals completed its acquisition of Neff Corporation on October 2 for a total purchase price of $1.3 billion. This marks the second major acquisition by United Rentals this year. In April it completed a $965 million purchase of NES Rentals Holdings. Then, a week after its announcement in August it would purchase Neff, United […]
October 5, 2017
Roadbuilding
Daimler, Volvo report higher sales, profit in second quarter
Daimler reported this week that second quarter revenue in its truck segment were mostly flat at $10.74 billion compared to the same period last year, while profits jumped 5 percent to $612 million. Volvo in its earnings call reported a 44 percent increase in deliveries through June, while Mack, which Volvo owns, reported a 24 […]
July 29, 2014
Home
Volvo increases Deutz shareholding
Volvo has signed an agreement with Deutz to increase their shareholding from 6.7 percent to more than 25 percent, making Volvo the single largest Deutz shareholder. Volvo bought approximately $163 million shares from Same Deutz-Fahr Group (SDF), paying just over $7 per share. Once the transaction is complete, SDF will own 8.44 percent of shares […]
June 19, 2012
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