Monday, October 24, 2011

Caterpillar 3Q profit soars, raises year view (AP)

In this Sept. 7, 2011 photo, a Caterpillar 330D L hydraulic excavator is shown on the field of the new Marlins ballpark in Miami. Strong demand for machinery drove up Caterpillar’s profit 44 percent in the third quarter and the company expects even stronger sales next year, according to earnings reports Monday, Oct. 24, 2011. (AP Photo/Wilfredo Lee)AP - Strong demand for construction and mining equipment should boost Caterpillar Inc.'s revenue through next year, even as the health of global economy remains in doubt.


Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20111024/ap_on_bi_ge/us_earns_caterpillar

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