For many firms, U.S. profit compensates for China's slowdown

04/29/2012 | Wall Street Journal, The

Multinational corporations are finding that strengthening profit in the U.S. is making up for the fact that they can't count on China for dramatic earnings growth anymore. Caterpillar CEO Doug Oberhelman said the construction-equipment-maker's rising earnings from its U.S. operation in the first quarter "more than offset slowing in China and Brazil."

View Full Article in:

Wall Street Journal, The

Published in Briefs: