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4-Traders Homepage  >  Equities  >  Nyse  >  Caterpillar Inc.    CAT

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Caterpillar Inc. : Caterpillar CEO : Surprised, Happy at Mention in State of Union -CNBC

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02/13/2013 | 03:51pm CEST

Caterpillar Inc. (CAT) Chairman and Chief Executive Doug Oberhelman on Wednesday said he was surprised and happy to hear his company mentioned in the 'State of the Union' last night when President Obama was singling out companies bringing jobs back to America.

"I was surprised and a little happy to hear it. We have brought jobs into the U.S. as the U.S. economy has grown and we needed to match some of our job base here with our market here. The key to all this is growth," he said, adding that it's necessary to get past the fiscal uncertainty which is holding back business.

Mr. Oberhelman said the president's emphasis on manufacturing in his speech was "just outstanding" and "tax reform, immigration reform lead into a climate that makes it more appealing for manufacturing."

Full story at www.cnbc.com

Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

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Financials ($)
Sales 2017 37 879 M
EBIT 2017 2 660 M
Net income 2017 1 580 M
Debt 2017 18 663 M
Yield 2017 3,37%
P/E ratio 2017 33,99
P/E ratio 2018 21,93
EV / Sales 2017 1,91x
EV / Sales 2018 1,92x
Capitalization 53 669 M
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Mean consensus HOLD
Number of Analysts 25
Average target price 93,0 $
Spread / Average Target 1,6%
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Managers
NameTitle
Donald James Umpleby Chief Executive Officer
Bradley M. Halverson Group President & Chief Financial Officer
Douglas R. Oberhelman Chairman
Julie A. Lagacy CIO & VP-Global Information Services
William A. Osborn Independent Director
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