Caterpillar Warns Of “Economic Weakness Throughout Much Of The World”, Cuts Guidance
by Tyler Durden
ZeroHedge.com
Oct 25, 2016
“Economic weakness throughout much of the world persists and, as a result, most of our end markets remain challenged. In North America, the market has an abundance of used construction equipment, rail customers have a substantial number of idle locomotives, and around the world there are a significant number of idle mining trucks.”
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