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Caterpillar Profit Falls 55% in Fourth Quarter 2012

Construction Equipment

Caterpillar 4Q profit fell 55 percent as a result of charges resulting from the accounting problems in it Chinese subsidiary, as well as slow sales because of high dealer inventories. billion from 2011, garnering a profit of $0.7 billion in 2012. Fourth-quarter sales and revenue were $16.1 billion, down $1.2 billion versus $1.4

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Construction Confidence Dips in Second Half of 2012, According to ABC

Construction Business Owner

(January 22, 2013) – Associated Builders and Contractors (ABC) today released its Construction Confidence Index (CCI) for the second half of 2012. nonresidential construction industry: sales prospects, staffing levels and profit margins. The CCI reflects three aspects of the U.S.

ABC 149
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Caterpillar Reports Best Third-Quarter Sales and Profit Yet Downgrades Outlook for Future Sales

Construction Business Owner

22, 2012) — Caterpillar Inc. announced third-quarter 2012 sales and revenues of $16.445 billion, a 5-percent increase from third-quarter 2011 sales and revenues of $15.716 billion. Profit per share for the third quarter of 2012 was $2.54, up 49 percent from $1.71 PEORIA, Ill. (Oct. per share in the third quarter of 2011.

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Caterpillar Profit Up 49 Percent

Construction Equipment

Caterpillar third-quarter 2012 profit was up 49 percent compared to the same period last year, on sales and revenue that were up 5 percent. Caterpillar reported a $273 million pre-tax gain from the sale of its logisitics business as part of that profit. October 22, 2012. Total income was $16.4 billion for the quarter.

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JCB Delivers Third Most Profitable Year

Construction Equipment

JCB achieved its third most profitable year in its 68-year history in 2013, the company announced. Earnings stood at $529 million on an EBITDA basis ($616 million in 2012) on turnover of $4.53 billion (2012: $4.56 JCB’s machine sales stood at 66,227 (69,250 in 2012).

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Sany America Registers First Ever Quarterly Profit in Q1

Construction Equipment

Sany America announced that is has registered its first profitable quarter in the first three months of 2013 and predicted that continued strong sales of cranes and excavators should bring full-year profitability in 2013. During 2012, crane sales were up 84 percent.

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Global Oil And Gas Capital Expenditures Rise Despite Decline In Profits

Buisness Facilities Contributed Content

Worldwide capital expenditures among oil and gas companies increased 13% in 2012 despite relatively flat upstream revenues and a decline in upstream profits. This study analyzes the worldwide and regional exploration and production (E&P) results for 75 companies for a five-year period from 2008 to 2012. Revenues and profits.