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Caterpillar Q2 sales up 9.5 percent, profit jumps 45 percent

from Equipment World

Caterpillar's second quarter 2017 sales and revenues increased by 9.5 percent compared to 2016, reaching $11.3 billion. In response the company released an improved outlook for the remainder of the year. "Our team delivered an impressive quarter. As demand increased, we continued to control costs and generated higher profit margins," says CEO Jim Umpleby regarding the company's financial details released recently. more

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