Saturday, Aug 30, 2014
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Caterpillar 2Q profit rises, revenue declines

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4tolerance - Lovelace\'s first court appearance tentatively scheduled - Quincy, IL News - QuincyJournal.com
There has been lots of chatter about why the investigation began on this again in 2013 and what new evidence can pop up etc. He married his second wife within about a year and a half of the death of Cory. He and his second wife were then divorced in 2013. One article on another news source said the second wife was contacted and said "I can't talk about it." Whether that means she was told by someone…
WarCry - Lovelace\'s first court appearance tentatively scheduled - Quincy, IL News - QuincyJournal.com
I can actually think of a few scenarios where malice may not even be an issue, and that would reflect very darkly on the whole situation to the community at large. As darkly as out-and-out murder? I don't know, that would be in the eye of the beholder, I suppose.
GoSalukis - QPD makes DUI arrest after hit and run - Quincy, IL News - QuincyJournal.com
That is a good quality bender at The Abbey and/or Spring Street - two fine watering holes!
Wiseguy14 - Lovelace\'s first court appearance tentatively scheduled - Quincy, IL News - QuincyJournal.com
Nancy Grace is actually correct on that point. It depends on the state, but in most states you can "premeditate" if you even have a few seconds to contemplate the action before taking it. That's opposed to a pure "heat of the moment" situation where the killer literally doesn't think, just acts. That would get you down to Second Degree murder (I believe)
QyFiredUp - City of Quincy looking to buy new garbage and recycle fleet - Quincy, IL News - QuincyJournal.com
Once again, I don't like your proposal. Why tie it to the water bill ? Explain why if I take 10 showers a day, I should pay more for garbage service? Furthermore, If you purchace a seperate meter for water, the city cannot make you pay for sewer tax if it is used to water your garden or grass. What makes you think they can charge for garbage pick up if i use a third party? If you can remember…

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Lovelace indicted in death of first wife Updated

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Caterpillar 4Q results top analysts' expectations

7 months ago from Associated Press

The Peoria-based company's board approved a new $10 billion buyback

Caterpillar's fourth-quarter net income rose compared with results weighed down by a large impairment charge a year ago. Its performance topped Wall Street's view.

The Peoria, Ill.-based company's board approved a new $10 billion buyback. Caterpillar also provided a 2014 forecast above analysts' estimates.

Its shares climbed more than 6 percent in premarket trading Monday.

For the period ended Dec. 31, Caterpillar Inc. - which makes mining gear, construction and forestry equipment and large power generators - earned $1 billion, or $1.54 per share. That compares with $697 million, or $1.04 per share, a year earlier.

The prior-year period included an impairment charge of 87 cents per share, partially offset by a tax settlement of 45 cents per share.

Analysts surveyed by FactSet expected earnings of $1.27 per share for the latest quarter.

Revenue declined 10 percent to $14.4 billion from $16.08 billion, but still beat Wall Street's forecast of $13.41 billion.

Full-year net income dropped to $3.79 billion, or $5.75 per share, from $5.68 billion, or $8.48 per share, in the previous year.

Annual revenue fell 16 percent to $55.66 billion from $65.88 billion, hurt mostly by a sharp decline in sales of new machines for mining.

For 2014, the company anticipates adjusted earnings of $5.85 per share on revenue of about $56 billion. Analysts predict earnings of $5.75 per share on revenue of $55.36 billion.

Caterpillar said that it plans to repurchase about $1.7 billion shares of its common stock in the first quarter. The company said that this move should complete its existing $7.5 billion repurchase program set to expire on Dec. 31, 2015. With the anticipated completion of the program, Caterpillar said its board approved a $10 billion repurchase program that is set to expire on Dec. 31, 2018.

The company's stock gained $5.38, or 6.2 percent, to $91.55 in premarket trading about 75 minutes before the market open.


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nichols120 on Twitter

nichols120 1 hour, 6 minutes ago

@tonykatz Decent governors but not viewed as stalwarts of conservatism @93wibc
Bob Gough on Twitter

Bob Gough 1 hour, 39 minutes ago

Advance PT Field to be blessed at 4 p.m. before QND boys start the Quincy Recycle Tournament. Monsignor Leo Enlow to give the blessing.
Bob Gough on Twitter

Bob Gough 3 hours, 33 minutes ago

@DOBrienWHIG I intend to.