Higher new business originations boost Cat Financial’s earnings
Caterpillar’s equipment financing arm, Cat Financial, posted increased revenues in the first quarter of 2024, following strong profit margins in ...
Tag: Caterpillar
Cat Financial profit up 41% on higher financing rates
Cat Financial, the equipment financing arm of Caterpillar, reported a 2023 profit of $563 million, up 5% from 2022, spurred ...
Caterpillar appoints new group president and other staff moves
Caterpillar announces new role for Kaiser Jason Kaiser, energy and transportation president, Caterpillar Equipment manufacturer Caterpillar named Jason Kaiser as ...
Caterpillar showcases autonomous electric mining truck
Caterpillar unveiled its latest sustainable mining technology, a battery electric prototype underground mining truck, during a demonstration today for gold ...
Skid steers a barometer for equipment market health
A market downturn and a potential rise in repossession orders for skid steers could indicate looming problems for the equipment ...
Cat Financial originations rise 6% YoY amid high rates
Cat Financial’s originations rose in the third quarter of 2023 despite interest rate concerns tightening financial markets and negatively impacting ...
Caterpillar falls as shrinking backlog stokes demand worry
Caterpillar Inc.’s stock tumbled to the lowest price since early June after the company said its order backlog shrank in ...
Cat Financial revenues rise 19% YoY
Cat Financial’s originations, receivables, and revenues increased in the second quarter as the company’s credit concerns diminished and interest rates ...
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