A US Senate investigative panel is examining Caterpillar Inc. (CAT) over whether the company improperly avoided US taxes, said sources close to the matter. The lawsuit contends the machinery manufacturer used off-shore accounts in an attempt to hide profits from the Internal Revenue Service (IRS).
Briatin’s manufacturers enjoyed a new year jump in orders as demand from overseas rose at its fastest pace for three years, reports The Guardian.
The first gauge of activity in the sector for 2014 suggested jobs growth continued in January but the rapid recovery in overall factory activity eased off.
Investor's Business Daily - Despite recent reports indicating a weakening global economy, the construction and mining equipment giant boosted its dividend and affirmed its full-year forecast. Caterpillar , seen as a bellwether of int'l economic growth, raised its quarterly dividend 4.5% to 46 cents and backed its 2011 EPS outlook of $6.25-$6.75 vs. views of $6.85, on revenue of $52 bil-$54 bil, the midpoint below views. Shares fell 1.8% to 98.04.
Brian Rezny submits: We’ve all heard about “too big to fail”…but what about too big to succeed? In a recent letter, Research Affiliates discussed this very topic, and it deserves another mention. The question: are large-cap, blue chip stocks a good deal…or are they really too big to succeed? The answer: It depends on who you ask. According to some fund managers, blue chips are a bargain.
Chuck Carnevale submits:Yesterday the following PRNewswire press release reported that S&P indices announced a powerful uptrend in dividend increases for calendar year 2011. This provides continued validation of the unique opportunity that blue-chip dividend paying stocks offer investors today.
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By Spencer Knight:
Blue-chip stocks are great investment decisions for a number of reasons. One of the most important reasons is that blue-chip companies are supposed to be strong enough to withstand economic turmoil. A second reason to invest in blue chips is the history of paying a dividend. In theory blue chips are strong enough to continually pay and increase their dividend regardless of the economic environment.
By David Alton Clark:The following Blue Chip stocks have the highest EPS growth rates in the Dow over the current fiscal year, great stories and positive catalysts for future growth. Blue Chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide solid growth in their portfolios.
By David Alton Clark:In this article, we will discuss the best performing Dow Blue Chip stocks so far in 2011. According to the New York Stock Exchange, a blue chip is a stock in a corporation with a national reputation for quality, reliability and the ability to operate profitably in good times and bad. The most popular index that follows U.S. blue chips is the Dow Jones Industrial Average (DJIA).
Big Lots Inc. (BIG), which operates as a broad line closeout retailer in the United States, posted better-than-expected first-quarter 2010 results on May 27, 2010, buoyed by strong sales and effective inventory management, prompting management to raise the outlook.