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Actionable news in CAT: CATERPILLAR Inc,

Caterpillar Best Dow Stock Up 39% In 2016

Caterpillar (CAT) is the best performing Dow (DJIA) stock of 2016, so far, up 38% to $94. The Dow has risen just over 14% over the same period to 19,934. The heavy industry manufacturer has had a poor year financially, so the reasons for the improvement are not obvious.

For the third quarter, the company announced:

Caterpillar Inc. profit per share of $0.48 for the third quarter of 2016, a decrease from $0.94 per share in the third quarter of 2015. Excluding restructuring costs, profit per share was $0.85, down from $1.05 per share in the third quarter of 2015. Third-quarter 2016 sales and revenues of $9.2 billion were down 16...


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