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CAT / Caterpillar falls after pointing to margin decline in fourth quarter

Caterpillar falls after pointing to margin decline in fourth quarter
Caterpillar Inc shares fell 3.9% despite reporting improved revenue and earnings in the third quarter,as it forecast a drop in margins in the fourth quarter. The Irving, Texas-based construction, mining and engineering giant said in the quarter ended September 30, revenue totalled $16.81 billion, a 12% increase compared with $14.99 billion a year ago. Read More
Posted: Oct 31 2023, 07:44
Author Name: Proactive Investors
Views: 112170

CAT News  

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