25-10-2016 13:41 via feedproxy.google.com

Caterpillar keeps the global economy on watch (CAT)

Caterpillar lowered its outlook for profit this year when it reported third-quarter earnings results on Tuesday.
The retailer of large industrial equipment said it now sees 2016 earnings per share excluding restructuring costs at $3.25, down from an earlier projection of $3.55. 
Because Caterpillar products like bulldozers and electric generators are used in a variety of massive capital projects across the world, the company's performance is seen as a bellwether for the global ind
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