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Strong pricing boosts Caterpillar profits
Caterpillar reported a jump in profits Thursday as strong pricing for industrial machinery made up for lower volumes, enabling record shareholder payouts. But profits jumped 47 percent to $2.9 billion.
Caterpillar reported a jump in profits Thursday as strong pricing for industrial machinery made up for lower volumes, enabling record shareholder payouts. But profits jumped 47 percent to $2.9 billion.
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Phillimon Sefake
Phillimon Sefake is a creative writer and literary scholar
