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Caterpillar lowers guidances, says business is slowing everywhere

Michael Allan McCrae | October 22, 2012 | 6:41 pm

Industrial and economic bellwether, Caterpillar (NYSE:CAT). threw cold water on the world's economic recovery by lowering its sales growth outlook to a four-year low, while announcing its Q3 earnings results on Monday. The company did have a good quarter. Sales...