Caterpillar's Net Could Rise Despite Mining Weakness On Construction Sales Growth & Gains From Cost Cuts |
| July 22, 2014 | July 2014 Bond Updates |
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Caterpillar will likely post a flat top line (on a year-over-year basis) in the second quarter, as growth from its construction equipment and engine sales will likely get offset by decline in its mining machinery sales. The company’s second quarter profits will likely also rise driven by benefits from its cost reduction activities. |
| View more at: http://www.forbes.com/sites/greatspeculations/2014/07/21/caterpillars-net-could-rise-despite-mining-weakness-on-construction-sales-growth-gains-from-cost-cuts/ |
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