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Stock impact report

Caterpillar Announces Updates and Response to COVID-19 and Global Business Conditions

Caterpillar, Inc. (CAT) 
Last caterpillar, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: caterpillar.com/en/investors.html
Company Research Source: PR Newswire
DEERFIELD, Ill., March 26, 2020 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) is providing a business update regarding the COVID-19 pandemic.The continued spread of the COVID-19 pandemic is starting to impact Caterpillar's supply chain, a possibility the company disclosed in its risk factors included in the company's Form 10-K filed on February 19, 2020. The company is monitoring the situation closely and supply chain teams have been executing business continuity plans, which include, but are not limited to, being alert to potential short supply situations, and, if necessary, utilizing alternative sources and/or air freight, redirecting orders to other distribution centers, and prioritizing the redistribution of the most impactful parts. Caterpillar is committed to continuing to execute these plans and will remain in close contact with its supply chain to monitor future possible implications, especially on production facilities.At this time, Caterpillar is continuing to run the majorit Show less Read more
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