


| Caterpillar cuts profit outlook as China sales slump |
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(Reuters) - Industrial bellwether Caterpillar Inc fell short of Wall Street estimates for quarterly profit on Wednesday and cut its forecast for overall earnings in 2019, as it reported a 13% slide in Asia sales driven by weakening demand in China.
The results, the latest hint of the deepening fallout for companies of U.
Posted: 2019-10-23 14:13:00
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