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Caterpillar union members reject contract

The union representing more than 800 workers at the Caterpillar plant in South Milwaukee has rejected the company's contract offer. Full story

Caterpillar closing Summerville plant, affects 280

CHARLESTON, S.C. (AP) - Caterpillar says it plans to close its Summerville remanufacturing plant next year, a move that will put 280 people out of work. Full story

Cautious relief in Midwest as river levels fall

Slowly retreating floodwaters gave Midwesterners some hope Wednesday that the worst was over, but many worried that the earthen and days-old sandbag levees along the Illinois and Mississippi rivers could still fail. Full story

FHMR's Top Three Trades

   Caterpillar misses on Q1 earnings, revises 2013 outlook, and other top trades, with the FMHR crew.

Monday's Earnings Scorecard

   The CNBC Earning Squad weighs in on this quarter's revenue misses, Caterpillar's weak numbers; and peek inside Tennant's earnings miss.

European Markets Pare Gains

   CNBC's Simon Hobbs reports on Monday's market moving events in Europe, as shares pull back on weak earnings from Caterpillar.

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  Caterpillar Slashes Outlook; Q1 Profits Fall

Doug Oberhelman, Chairman & CEO of Caterpillar, explains why he is still confident despite earnings miss; and weighs in on what's pressuring growth opportunities in mining.

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Related Photos

A Caterpillar excavator machine is seen at a work site in Detroit,
A Caterpillar excavator machine is seen at a work site in Detroit,

A Caterpillar excavator machine is seen at a work site in Detroit, Michigan January 25, 2013. REUTERS/ Rebecca Cook

Caterpillar excavator machines are seen at a factory in Gosselies
Caterpillar excavator machines are seen at a factory in Gosselies

Caterpillar excavator machines are seen at a factory in Gosselies February 28, 2013. REUTERS/Eric Vidal

Workers walk past Caterpillar excavator machines at a factory in Gosselies
Workers walk past Caterpillar excavator machines at a factory in Gosselies

Workers walk past Caterpillar excavator machines at a factory in Gosselies February 28, 2013. REUTERS/Eric Vidal

Oberhelman, chief executive officer of Caterpillar and marquee speaker is introduced before his speech during the Spruce Meadows Changing Fortunes Round Table on business in Calgary
Oberhelman, chief executive officer of Caterpillar and marquee speaker is introduced before his speech during the Spruce Meadows Changing Fortunes Round Table on business in Calgary

Douglas Oberhelman, chief executive officer of Caterpillar and marquee speaker is introduced before his speech during the Spruce Meadows Changing Fortunes Round Table on business in Calgary, Alberta, in this September 9, 2011, file photo. Caterpillar's shares gained nearly 1 percent to $81.21 in ear