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Caterpillar earnings show sales up 20% on strong demand

Por: Fox Business Business January 31, 2023

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Mendon Capital Advisors President and CIO Anton Schutz discusses bank earnings, growth stocks and potential layoffs in 2023 amid recession fears. Caterpillar Inc. said quarterly sales increased by 20%, aided by higher prices on its equipment that helped offset rising expenses for manufacturing and The company said demand for its construction and mining machinery and engines remained strong, especially in North America, as sales for the quarter... + full article



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