Caterpillar earnings jump 91%

07/22/2010 | Google · Bloomberg

Caterpillar had a profit of $707 million, or $1.09 per share, in the second quarter, a 91% increase from the prior year. A boost in sales in areas such as energy and mining helped Caterpillar raise its year-end outlook; it now expects earnings of between $3.15 and $3.85 per share, compared with earlier expectations of between $2.50 and $3.25.

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