How is the market dealing with the news that Lynn Gottleib, Sydney Levy, Anna Baltzer and friends are trolling the United Methodist Conference, attempting to pressure the group to divest from companies, including Caterpillar that do business in Israel?
Sure looks like they haven't made the tiniest little blip on the Radar screen. In 2012 Caterpillar's first-quarter profit jumped 29 percent. Caterpillar boosted its outlook for the year as U.S. builders replaced and upgraded old equipment and global demand for mining equipment boomed. Caterpillar generated $1.59 billion net income, or $2.37 per share, during the quarter. That's an increase from last year's $1.23 billion net income. Caterpillar said it now expects to generate earnings per share of $9.50 in 2012, up from a previous prediction of $9.25,
So, JVP - hows that boycott coming, btw? And how does it feel to be irrelevant?