Jim Umpleby, CEO of Caterpillar Inc. Adam Jeffery | CNBC Here are the biggest calls on Wall Street on Friday: Atlantic Equities downgraded Caterpillar to ‘underweight’ from ‘neutral’ Atlantic Equities downgraded the stock citing expectations of weaker macroeconomic growth. “Given the relatively larger reductions to our EPS estimates for CAT and GWW, combined with our
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Italian prime minister Giuseppe Conte told CNBC he was optimistic about the possibility that the European Commission would not pursue an excessive deficit procedure (EDP) – against his government for the continued high levels of Italian sovereign debt. Italy wrote a letter to the EU’s executive branch earlier this week insisting that Rome would respect
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A post-mortem by British lawmakers and regulators into the suspension of the U.K.’s best known stockpicker’s flagship fund could expose some systemic flaws in the fund industry, analysts have suggested. Conservative Member of Parliament (MP) Nicky Morgan, chair of the Treasury Committee, last week wrote to the CEO of Britain’s most influential investment platform, FTSE
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Divorce can be especially difficult for parents still raising children. Your post-separation finances don’t have to be. About 40% to 50% of married couples in the U.S. divorce, according to the American Psychological Association. While there are many changes when separating from your spouse, managing the finances for your shared children can be particularly intimidating.
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Check out the companies making headlines before the bell: Southwest Airlines – The airline raised its full-year revenue for revenue per available seat mile, owing to what it calls “solid” demand. The airline said fuel efficiency is down, however, due to the grounding of its 737 Max jet fleet. Southwest also extended cancellations of flights
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