The railroad has run into a snag amid what its CEO termed "the most puzzling" economic backdrop he has seen in his career.
The company says that current market conditions - trade and industrial production headwinds - are forcing its hand.
Industrial equipment maker Hillenbrand is buying plastics-processing equipment maker Milacron Holdings in a cash-and-stock deal valued at about $2 billion including debt.
Circor shares were lower after its board rejected Crane's sweetened $955 million hostile offer.
Higher tariffs on goods produced in China and then imported to the U.S. were a key factor in Fastenal's lower-than-expected earnings.
Here are three factors making Caterpillar a potential buy.
E-commerce and long-term global trade are expected to be catalysts for the air freight and logistics industry.
Industrial tools and supplies distributor MSC Industrial Direct reports fiscal third-quarter earnings short of Wall Street forecasts and lowers its guidance amid sluggish sales.
Boeing says second-quarter and first-half deliveries decline as the planemaker feels the continued fallout from the global grounding of the company's 737 MAX jet.
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