Tag: stocks

Construction, manufacturing spending growth push U.S. stock futures forward

Ahead of reports on manufacturing and construction spending for February, U.S. stock futures edged higher after the three-day Easter holiday, according to a report from the Associated Press. The AP reports that Dow Jones industrial futures were up 10 points at 14,507 while S&P 500 futures edged up 0.4 point to 1,563.10 and Nasdaq futures […]

April 1, 2013

Trimble approves two-for-one stock split

Trimble’s Board of Directors have approved a two-for-one split of all outstanding shares of the company’s common stock. The record date for the stock split is expected to be Mar. 6, 2013 with new shares expected to be distributed on or about Mar. 20, 2013. Each shareholder on record at the end of the business day on […]

February 12, 2013

Caterpillar uncovers accounting misconduct at Chinese mining unit, ousts several managers

Caterpillar announced Friday that it had uncovered a “deliberate, multi-year, coordinated” accounting scheme at Zhengzhou Siwei Mechanical & Electrical Manufacturing Co., a subsidiary of ERA Mining Machinery Limited which it purchased for $734 million last June. Cat says it was alerted to irregularities in the Chinese unit’s bookkeeping when a review of Siwei’s physical inventory […]

January 19, 2013

GM files stock registration

General Motors filed registration papers to sell shares of stock to the public, roughly one year after the company emerged from bankruptcy. Neither a price nor the numbers of shares that will be offered to the public were announced. The stock may go on sales in November, Bloomberg News reported. The United States owns about […]

August 23, 2010

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