Caterpillar Whiffs On Earnings, Cuts Guidance On Soft Economy – Forbes
 Telegraph.co.uk |
Caterpillar Whiffs On Earnings, Cuts Guidance On Soft Economy
Forbes Caterpillar Caterpillar's first-quarter profit was cut nearly in half from a year ago, due chiefly to sharp inventory declines at customers and dealers as the global economy slowed, falling well short of expectations. The heavy equipment maker earned $ 880 … Caterpillar's 1Q Profit Misses on Mining Slowdown UPDATE 2-Caterpillar profit misses, cuts outlook on weak mining sales Caterpillar earnings drop 45% |
