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Caterpillar's shifting revenue mix reveals a company changing its core narrative. Management sounds notably different on its earnings calls today compared to a year ago. Through 2025, leadership kept pointing to one specific sales tool for its construction machines. However, in the fiscal Q2 2026 call, management pivoted to lead with data centers instead. Construction is still about a third of Caterpillar's revenue, so you should care when management changes how it talks about a business that si
Construction Partners, Inc. (NASDAQ:ROAD) announced on September 21 that it had completed the acquisition of Roads, Inc. of NWF, an asphalt manufacturing and construction business based in Cantonment, Florida. The deal adds an asphalt plant north of Pensacola, related crews and equipment, and more than 150 employees to its C.W. Roberts Contracting, Incorporated platform. The […]
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