Have PUTS>CAT CEO urges Fed not to raise rates this year
"I think they gotta put it off," says Caterpillar (NYSE:CAT) chief Doug Oberhelman, appearing on CNBC after reporting a disappointing Q4 and guiding to a sluggish 2015. "When it rains, it pours. And this is one of those days." Previously: Caterpillar plunges on profit drop, lowered outlook (Jan. 27) Shares -7.4% premarket