Cat forecasts dire future, signals share buyback
"We expect sales of mining equipment will remain weak in 2014 and our outlook reflects a sales decline of about 10 per cent in resource Industries," Caterpillar said in its end of year results.
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description | "We expect sales of mining equipment will remain weak in 2014 and our outlook reflects a sales decline of about 10 per cent in resource Industries," Caterpillar said in its end of year results. |
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source | EBSCOhost Business Source Complete |
subjects | Balance sheets Cash flow Market positioning |
title | Cat forecasts dire future, signals share buyback |
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