Caterpillar Inc. (NYSE:CAT) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.43% to close at $87.29 with the total traded volume of 4.47 Million shares. Caterpillar Inc. (CAT) revealed that firm’s Chairman and CEO Doug Oberhelman has elected to retire, effective March 31, 2017. The firm’s Board has elected Jim Umpleby, presently a Caterpillar Group President with accountability for Energy & Transportation, to succeed Oberhelman as CEO.
Umpleby will join the Caterpillar Board and become CEO effective January 1, 2017. Oberhelman will remain as Executive Chairman of Caterpillar until March 31, 2017, when he will retire. Upon Oberhelman’s retirement, Dave Calhoun, a current member of the Caterpillar Board, will assume the role of Non-Executive Chairman of the Board. Calhoun is Senior Managing Director and Head of Private Equity Portfolio Operations of The Blackstone Group L.P. The firm has institutional ownership of 70.60%, while insider ownership included 0.10%. Its price to sales ratio ended at 1.22. CAT attains analyst recommendation of 3.10 with week performance of -1.05%.
Tronox Limited (NYSE:TROX) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 5.10% to $8.45. Tronox Limited (NYSE: TROX) reported that it has designated Timothy C. Carlson as senior vice president and chief financial officer. Carlson, 51, will join Tronox on October 31, 2016. He will lead the firm’s global finance group, comprising treasury, financial planning, accounting, controller, risk management, compliance & audit, and investor relations.
“We’re excited to have Tim join Tronox, where he will play an important role in spearheading our before reported business goals of improving costs and profitability, and advancing efficiencies within our finance organization and across the firm worldwide. He brings to Tronox strong leadership experience in global publicly traded enterprises, with a steadfast eye toward maximizing value for shareholders, consumers, employees, and other stakeholders,” stated Tom Casey. The share price of TROX attracts active investors, as stock price of week volatility recorded 6.93%. The stock is going forward to its 52-week low with 203.41% and lagging behind from its 52-week high price with -14.83%.