Search Results
UPDATE: Caterpillar Shares Gaining On Earnings, Revised Outlook
Caterpillar Inc. shares rose 6% early Friday following the company’s better-than-expected first-quarter profit report, as worldwide demand for construction machinery helped overcome weaker markets in North America for housing and heavy-duty engines.
Along with raising its earnings forecast for 2007, the Peoria, Ill., manufacturer of bulldozers, scrapers and construction equipment (CAT) predicted the Federal Reserve would [...]
