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Construction, not mining lifts Caterpillar’s profit

Cecilia Jamasmie | April 24, 2014 | 5:37 pm Canada Europe 

World’s largest maker of heavy machinery Caterpillar (NYSE:CAT) posted Thursday a 5% increase in quarterly profit and raised its 2014 earnings forecast based on a more sustained rebound of its US construction sales. After beating analysts’ estimates the Illinois-based company now...

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