Replies to post #11097 on The Rising Influence of Rising Affluence

[jbog]

Has there been any talk of cutting the Div going forward? The div has exceeded earnings recently and it doesn't look like it's getting better.

[DewDiligence]

When it rains it pours—CAT guilty of stealing trade secrets from its own supplier:

http://www.wsj.com/articles/supplier-wins-74-million-verdict-against-caterpillar-1450700414

[DewDiligence]

CAT +4% on awful 2016 forecast—but not quite as awful as investors expected:

http://www.wsj.com/articles/caterpillar-gives-strong-profit-outlook-1453985495

The Peoria, Ill.-based company now expects 2016 revenue to fall by about 10% from 2015 to about $42 billion, which would be the lowest level since 2010 and more than one-third below the company’s peak of $65.9 billion in 2012. The company in October predicted a 5% drop in revenue this year, but demand for equipment has continued to deteriorate in recent months.