See what the Wall Street Journal headline was: http://www.morningstar.com/news/dow-jones/TDJNDN_201801261459/caterpillar-breaks-losing-streak-wsj.htm
By: Diane Benjamin
The Pantagraph claims to pay big bucks for Associated Press stories. Below is why they need to knock it off!
This headline appeared on January 25th, the story is by Associated Press:
Caterpillar posts 4Q loss on tax charge, but adjusted EPS up
Since many people never read anything but headlines, it looks like Caterpillar is in bad shape. How many people even know what EPS means without reading the story?
The Peoria Journal Star did a similar story, but this was their headline:
Caterpillar sales grow 35 percent in fourth quarter of 2017
Their story was written by one of their local reporters.
For people who only glance at headlines, which one accurately portrays Caterpillar?
Why did Associated Press do a headline (or did the Pantagraph write it?) that makes Caterpillar look bad?
(35% isn’t mentioned until the third paragraph)
In case you don’t read the stories, the Caterpillar loss is a result of tax reform. They are willing to pay the new lower tax rate to bring money back from overseas. That money will be used in America.
A few points:
- Get news from multiple sources, Associated Press proves they shouldn’t be your main source.
- Read the stories! Headlines LIE
- News is used to tell you what to think. Think for yourself with as many facts as possible.
Hint: If you don’t read my stories all the way to the bottom, you are missing gems I hide there on purpose just to see who does!
Link to Associated Press Pantgraph story: http://www.pantagraph.com/business/caterpillar-posts-q-loss-on-tax-charge-but-adjusted-eps/article_7e09e4ad-fac8-51e1-9d68-84b8634b1d10.html
Link to Peoria Journal Star story: http://www.pjstar.com/news/20180125/caterpillar-sales-grow-35-percent-in-fourth-quarter-of-2017