Caterpillar Earnings Hurt By Write-OffVW Staff
Caterpillar Inc. (NYSE:CAT) profits were down in the fourth quarter of 2012. The company announced earnings of $1.04 per share for the final three months of last year, on revenues of $16.08 billion. Caterpillar, like Alcoa, is used by analysts as a measure of the world industrial climate, because international construction and industry is so dependent on the company's products.
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