Caterpillar’s profit drops 53%
Firm sees Asia-based rebound after quarter’s slump
Posted: October 21, 2009 at 3:51 a.m.
A pair of Caterpillar D6 bulldozers work on construction of a coal loading facility in Newcastle, Australia.
Caterpillar is counting on overseas customers to buy more of its construction and mining equipment next year, helping move the company beyond a deep recession that slammed its third-quarter earnings.
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Business, Pages 25 on 10/21/2009
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