Caterpillar (CAT) Misses Earnings Amid High Expectations

Market bellwether Caterpillar, the mining and construction equipment maker, posted dismal earnings on Friday, missing second-quarter expectations and blaming slow economic growth in the United States and developed markets exacerbated by slower-than-expected demand in China.

Market bellwether Caterpillar, the mining and construction equipment maker, posted dismal earnings on Friday, missing second-quarter expectations and blaming slow economic growth in the United States and developed markets exacerbated by slower-than-expected demand in China.

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