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By Canaccord Genuity Morning Coffee |
January 23, 2013
Caterpillar uncovered “deliberate, multi-year, coordinated accounting misconduct” at a subsidiary of a Chinese company it acquired last summer, leading it to write off most of the value of the deal.
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By Shruti Date Singh, Bloomberg |
October 22, 2012
Caterpillar Inc., the world’s largest maker of construction and mining equipment, forecast sales growth for 2013 that is the slowest in four years as the global economy decelerates.
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By Shruti Singh and Liezel Hill, Bloomberg |
September 25, 2012
Caterpillar Inc., the world’s biggest construction and mining equipment maker, cut its forecast for 2015 earnings after commodity producers reduced capital expenditure.
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By Shruti Singh, Bloomberg |
July 24, 2012
Caterpillar Inc., the second-best performer in the Dow Jones Industrial Average earlier this year, has become one of the index’s biggest losers as slowing global economic growth prompts analysts to cut profit estimates.
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By Canaccord Genuity Morning Coffee |
April 4, 2012
Credit Suisse most recent survey of private construction equipment dealers shows forecasts for a 15-20% improvement in sales consistent with last quarter, driven by replacement demand.
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By Canaccord Genuity Morning Coffee |
October 25, 2011
Caterpillar stock surged after the company reported robust Q3/11 results that saw the company beat estimates on both the top and bottom line