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October 2020

Caterpillar, 3m Flag Drop in corporate sales

2020-10-28
By: Bruce G. Owens
On: October 28, 2020
In: Falling sales

Caterpillar Inc. said Tuesday that revenue fell by at least a fifth in the last quarter in each of its three global segments: construction, mining, and power and transportation. 3M Co. said sales were down in about half of its business segments from a year earlier and demand for itsRead More →

Caterpillar and 3M Report Declining Business Sales

2020-10-27
By: Bruce G. Owens
On: October 27, 2020
In: Falling sales
With: 0 Comments

Large manufacturers report lower sales to companies ranging from cruise ship builders to medical practices as the The coronavirus pandemic continues to weigh on economic activity around the world. caterpillar Inc. CAT -2.98% said on Tuesday that revenues had fallen by at least a fifth in the last quarter inRead More →

Negative returns: Panel asks EPFO ​​to invest in declining market

2020-10-22
By: Bruce G. Owens
On: October 22, 2020
In: Falling market
With: 0 Comments

Until March 31, 2020, EPFO ​​invested Rs 1,05,825 crore in ETFs, but bought back Rs 2,687 crore in 2017-18, leaving the stake on March 31, 2020, at Rs 1,03,139 crore . The parliamentary standing labor committee asked the Employee Provident Fund Organization (EPFO) why the pension fund body continued toRead More →

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