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ID: 34470
Title: U.S. sales a drag on Caterpillar 1Q (AP)
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Heavy equipment is seen at a Caterpillar dealer in Elmhurst, Ill., in this Oct. 20, 2006 file photo. Caterpillar Inc., one of the world's largest construction equipment makers, said Friday, April 20, 2007 its first-quarter profit fell 3 percent, as strength in the company's international business could not completely overcome major headwinds in North America. (AP Photo/M. Spencer Green, file)AP - Caterpillar Inc. shares surged more than 4 percent Friday as the world's largest construction equipment maker posted better-than-expected profit despite a weak U.S. home building market and a sharp decline in engine sales.


Category: Business/Company Earnings/
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Date Added: April 20, 2007 08:33:36 PM
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