Caterpillar axes sales forecast, warns factors depressing orders could linger
While quarterly earnings beat analysts expectations, revenue fell short of estimates and CAT also lowered its full-year guidance.
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Caterpillar mourns passing of former chairman and CEO Glen Barton
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Caterpillar rally hindered by fresh drop in sales
The world’s largest heavy machinery maker has logged a 18% drop in global sales of machinery for the three-month period ended in September.