Maybe Caterpillar Inc. should stop blaming a stronger U.S. dollar for its woes, and start applauding it. The maker of construction and mining equipment on Thursday cut its full-year sales outlook to about $49 billion from the $50 billion estimate it first provided in January, and reiterated in April. Caterpillar’s stock CAT, -3.50% a component […]
The post The Sniff Test: Is Caterpillar?s lowered sales outlook really about a strong dollar? appeared first on Trend Inside.
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