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Senate Votes 78-20 To Reauthorize Export-Import Bank Through Fiscal 2014

By Corey Boles Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Senate lawmakers voted by a wide bipartisan majority to extend the Export-Import Bank's authorization after easily defeating a handful of Republiacn amendments aimed at limiting the bank's ability to function. The 78-20 vote came a week after the House approved the bank's extension by an even stronger bipartisan margin and ends a debate that at one point looked like it might threaten the bank's continued existence. The bill will now go to the White House for President Barack Obama's signature, two weeks before the bank's mandate expires on May 31. The legislation extends the bank's mandate through September 2014, increasing its financing cap to $140 billion from the current $100 billion over that period. The Export-Import bank helps U.S. exporters by offering financing assistance to foreign buyers of their products, often at better terms than those commercially available. -By Corey Boles, Dow Jones Newswires; 202-862-6601; corey.boles@dowjones.com

Stock News for Caterpillar (CAT)
DateTimeHeadline
05/23/201322:10:27Caterpillar, Steelworkers Union to Meet Next Week
05/23/201319:40:51Caterpillar, Steelworkers Union Plan Additional Contract Talks
05/22/201315:29:47U.S. Capital-Equipment Financing Up 23% in April-Survey
05/20/201311:10:14Caterpillar Global Sales Dip 9% In 3 Months
05/20/201310:57:02Caterpillar Global Sales Down 9% In 3 Months To End Of April
05/16/201321:40:09Caterpillar Claws Back Costs from China Deal
05/09/201320:44:27Caterpillar, Union Break Off Talks on Milwaukee Plants
05/07/201314:38:46U.S. Stocks Pile On Gains As DJIA, S&P 500 Claim New Highs
05/07/201311:27:12U.S. Stocks Hit New Highs as Global Rally Continues
05/01/201307:00:13USW Workers Reject Caterpillar Pay Offer
04/30/201311:20:14Caterpillar, Workers Reach Tentative Deal
04/30/201309:41:04Caterpillar, Workers Reach Tentative Deal On Contract -Report
04/28/201314:43:49U.S. Steel Locks Out Unionized Employees at Canadian Plant
04/25/201310:04:14Caterpillar to Resume Buyback Plan with $1 Billion Citigroup...
04/23/201313:11:46MARKET SNAPSHOT: Apple, Caterpillar: Shocked Stocks Get New Test
04/22/201323:19:30Caterpillar CEO's 2012 Compensation Rises 32%
04/22/201316:54:14MARKET SNAPSHOT: Netflix Leads S&P 500 Higher; Apple Anticipated
04/22/201316:06:36MARKET SNAPSHOT: U.S. Stocks Rise; Apple, Netflix Anticipated
04/22/201316:01:17MARKET SNAPSHOT: Stocks Rise As Apple Dividend Anticipated
04/22/201314:29:32MARKET SNAPSHOT: U.S. Stocks Mainly Up As Apple Anticipated

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