CAT Warns of Future Challenges

Construction equipment giant Caterpillar warned of challenges for the rest of the year and 2013, a trend among many big multinational firms. CAT cut its forecast for 2012 and gave sales guidance for 2013 that was below Wall Street's estimates.

Construction equipment giant Caterpillar warned of challenges for the rest of the year and 2013, a trend among many big multinational firms. CAT cut its forecast for 2012 and gave sales guidance for 2013 that was below Wall Street's estimates.

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