(Reuters) -Caterpillar said on Wednesday it expects full-year revenue to be slightly lower from its prior forecast as higher borrowing costs and sticky inflation led to a slowdown in machinery demand, sending the company's shares down 5.3%. The company has reaped benefits from U.S. President Joe Biden's 2021 infrastructure law, a $1 trillion enactment aimed at upgrading roads, bridges and...

06:37 AM EDT, 10/30/2024 (MT Newswires) -- SiteOne Landscape Supply ( SITE ) reported Q3 earnings Wednesday of $0.97 per diluted share, down from $1.25 a year earlier. Analysts surveyed by Capital IQ expected $1.15. Revenue for the quarter ended Sept. 29 was $1.21 billion, compared with $1.15 billion a year earlier. Analysts polled by Capital IQ expected $1.19 billion....

Oct 23 (Reuters) - U.S. financial adviser firm Ameriprise Financial ( AMP ) reported a 11% rise in third-quarter profit on Wednesday, as a market rally boosted the value of its client's assets, helping the firm earn more in fee income. The U.S. markets have been rallying in hopes that last month's Federal Reserve rate cut will ease the pressure...

(Reuters) - Grain trader and processor Bunge beat Wall Street expectations for third-quarter profit on Wednesday, helped by higher sales volumes. Bunge and rival Archer-Daniels-Midland ( ADM ) had expected increased profitability due to a spike in crop sales by U.S. farmers, which provided cheaper soybean ownership and helped utilize any excess manufacturing capacity. In July, Bunge had forecast an...