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Caterpillar profit beats estimates but sales fall

Cecilia Jamasmie | July 24, 2014 | 11:45 am Europe Latin America 

Caterpillar (NYSE:CAT), the world's largest maker of mining and construction equipment, logged Thursday higher-than-expected second-quarter results, with net income up 4.1% even as revenue fell short. The Peoria, Illinois-based company, which also makes railroad locomotives as well as diesel and...

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