Caterpillar Inc.: The heavy equipment manufacturer said...
From Times Staff and Wire Reports
Caterpillar Inc.: The heavy equipment manufacturer said third-quarter earnings plunged 50% to $54 million on revenue that rose 6% to $2.8 billion. The Peoria, Ill., company attributed the drop in net income to lower unit sales volume and an unfavorable currency exchange rate related to its Brazilian operations.
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