Seeking Alpha

Caterpillar (CAT) CEO Doug Oberhelman puts a brave face on things following the company's...

Caterpillar (CAT) CEO Doug Oberhelman puts a brave face on things following the company's disappointing earnings and outlook , saying that "this is the first year in three years where we've seen a relative degree of stability around the world," while there are stories in China that are "still pretty good." Oberhelman has a "little bit more confidence going forward" than he's had for a couple of years.

Check out Seeking Alpha’s new Earnings Center »

From other sites
Comments (2)
  • earnnow
    , contributor
    Comments (4) | Send Message
     
    Maybe he is just trying to make the best of a bad situation but, his track record is to be more downbeat and dour after earnings. Often the stock has really gotten hit after his comments. If he really had anything positive to say, maybe it should be given some credibility and maybe that is why the stock has not gotten hit and sent to 50 as some predicted.
    22 Apr 2013, 12:40 PM Reply Like
  • quinnman
    , contributor
    Comments (119) | Send Message
     
    The CEO sounded like a fool whistling past the graveyard. Revs down nearly 20% and he feels good. How do the thousands he had to lay off feel??? This economy is on the edge of a cliff not a rebound
    22 Apr 2013, 03:07 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs