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CAT Jul 2024 325.000 put
- Reuters
Nordic fund KLP excludes Caterpillar from portfolios due to Israel sales
Norway's largest pension fund KLP said on Wednesday it will no longer invest in Caterpillar Inc because of risk that equipment sold by the U.S. group to Israel is used to demolish Palestinian homes and infrastructure, including in the Gaza war. The maker of bulldozers and other heavy machinery may be contributing to human rights abuses and to the violation of international law in Gaza and the West Bank, and has thus been excluded from the portfolio, KLP said. The fund manager held shares in Caterpillar worth 728 million Norwegian crowns ($69 million) prior to a June 17 decision to divest its stake.
- Zacks
Caterpillar (CAT) Increases Despite Market Slip: Here's What You Need to Know
In the most recent trading session, Caterpillar (CAT) closed at $330, indicating a +0.66% shift from the previous trading day.
- Zacks
The Zacks Analyst Blog Highlights National Fuel Gas, KornFerry, Caterpillar, Target and Casey's
National Fuel Gas, KornFerry, Caterpillar, Target and Casey's are included in this Analyst Blog.
