Caterpillar posts quarterly decline in global sales

02/21/2013 | Bloomberg Businessweek

Caterpillar's worldwide sales declined 4% in the three months that ended Jan. 31 compared with the same period a year ago. The company cited a 12% drop in Asia-Pacific and an 11% decrease in North America. However, sales increased 3% in Latin America and 1% in Europe, Africa and the Middle East.

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