Caterpillar Net Rises on Machinery Sales Overseas

Caterpillar Inc., the world’s largest maker of earthmoving equipment, said fourth-quarter profit rose 4.3 percent on increased demand for machinery overseas. Net income climbed to $882 million, or $1.32 a share, from $846 million, or $1.20, a year earlier. Sales gained 14 percent to $11 billion, the Peoria, Illinois-based company said today in a statement. Demand from the Middle East, Latin America... 

Caterpillar’s Earnings Gain 38% on Mining Products

aterpillar Inc., the world’s largest maker of earthmoving equipment, said second-quarter profit rose 38 percent as demand for mining trucks and power generators fueled sales. Net income increased to $1.05 billion, or $1.52 a share, from $760 million, or $1.08, a year earlier. Sales gained 13 percent to $10.6 billion, the Peoria, Illinois-based company said today in a statement distributed by...