Caterpillar slashes outlook after profit drop

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Caterpillar slashes outlook after profit drop
Caterpillar slashes outlook after profit drop (via AFP)

Slumping industrial giant Caterpillar on Wednesday reported a 44 percent drop in profits and again slashed its 2013 full-year forecast due to weakness in the mining sector. The company, which sells machinery and engines to the construction, mining and…

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