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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 CET

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

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Financials ($)
Sales 2016 38 903 M
EBIT 2016 2 701 M
Net income 2016 1 439 M
Debt 2016 21 437 M
Yield 2016 3,24%
P/E ratio 2016 37,74
P/E ratio 2017 34,17
EV / Sales 2016 1,97x
EV / Sales 2017 1,98x
Capitalization 55 278 M
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Caterpillar Inc. Technical Analysis Chart | CAT | US1491231015 | 4-Traders
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Mean consensus HOLD
Number of Analysts 26
Average target price 89,6 $
Spread / Average Target -5,2%
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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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