Caterpillar just flashed the latest warning sign for the global economy
Caterpillar just flashed the latest warning sign for the global economy.
The construction and manufacturing equipment titan, viewed as a bellwether for global industry, revealed a 6% drop in sales and an 8% drop in profit per share in the third quarter.
"In the fourth quarter, we now expect end-user demand to be flat and dealers to make further inventory reductions due to global economic uncertainty," Caterpillar's CEO warned.
View Business Insider's homepage for more stories.
Caterpillar just f
Read more »