About: http://data.cimple.eu/news-article/3d65b79017341a05720b526d84b697ec5a5ec5145a13f08eade4afd7

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/3d65b79017341a05720b526d84b697ec5a5ec5145a13f08eade4afd7 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Caterpillar reported lower quarterly earnings Tuesday amid a weak outlook for oil and metal commodities and said it lined up additional sources of cash to navigate an uncertain period. Shutdowns in the wake of the coronavirus outbreak have battered commodity prices. Caterpillar cautioned that its second quarter would be "more significantly impacted" by COVID-19 than the first quarter, according to a company presentation. Net income fell 41.9 percent to $1.1 billion. Revenues fell 21 percent to $10.6 billion. The industrial giant reported lower first-quarter sales across its businesses, which build equipment used by construction, mining and energy companies. The company withdrew its full-year financial forecast in March as the COVID-19 crisis shuttered major economies and obliterated demand for oil and industrial metals. Caterpillar this month raised $2 billion in cash by issuing new corporate bonds and arranged $8 billion in liquidity through additional bank facilities. "We have taken decisive actions to enhance our strong financial position, while continuing to execute for profitable growth," said Chief Executive Jim Umpleby. "Caterpillar has faced and overcome many challenges in our 95-year history. Our goal is to emerge from the pandemic an even stronger company." Shares of Caterpillar advanced 1.3 percent to $116.74 in pre-market trading. jmb/cs
schema:headline	Caterpillar profits fall amid weak outlook for commodities
schema:mentions	World energy consumption Industry Metal Pandemic Severe acute respiratory syndrome coronavirus 2 Financial forecast Commodity market Caterpillar Inc. Net income Market liquidity Microsoft Outlook
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-28 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	69 (xsd:integer)

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software