I think it is close to the bottom but unclear if it is the bottom. CAT announces 2Q earnings before the market opens Tuesday. It will be interesting to see what guidance they offer going forward.

What they gave up the profit on a couple of the trucks .LOL That is some VERY serious cash to the throwing around. One way to get rid of competitor.

@EyeintheSky :Not sure what you mean there. Komatsu's purchase of Joy Global is designed to add equipment offerings to its portfolio, much like Caterpillar's purchase of Bucyrus back in 2011.

@bn13814 But they get to keep the profits from company now so GOOD move on their part.

This pretty much sums it up:www.bloomberg.com/ga dfly/articles/2016-0 7-21/komatsu-buys-jo y-global-outsma

And the board continues to keep Olberhelman and give him bonuses.

@bwiser To help quiet the storm a bit, earlier this year, the board said they would like to raise the dividend. They already have a payout ratio of 89%. The one year anniversary passed since the last dividend raise and that is the time most cos, raise their dividend. Still no word when or how much they will raise the dividend. To be continued.......... to see if pressure does mount on the board for change.