Description:Â Caterpillar Inc (CAT.N) reported stronger-than-expected earnings on Thursday and raised its full-year forecast, but warned that a number of factors could weigh on its performance next year, and its shares fell as much as 2.8 percent.
Source:Â Reuters.com
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Date: 10/21/2010
Link: http://www.reuters.com/article/idUSTRE69K27Y20101021
Questions for discussion:Â
- What is the significance of the financial results and aftermath reported in the article?
- Why do you think Caterpillar is considered a bellwether of the global economy and hence, global markets?
- How would you think financial managers at Caterpillar are strategizing for the near future?
- How should investors regard the firm?
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