Sunday, April 29, 2012

Caterpillar 1Q profit jumps 29 pct, boosts outlook

FILE - This July 19, 2010, file photo, shows heavy earth moving equipment with the Caterpillar logo in Springfield, Ill. Caterpillar's first-quarter profit jumped 29 percent and it boosted its outlook for the year Wednesday, April 25, 2012, with U.S. construction firms replacing old gear and global demand booming for mining equipment. (AP Photo/Seth Perlman, File)Caterpillar's first-quarter profit jumped 29 percent and it boosted its outlook for the year as U.S. builders replaced old gear and global demand for mining equipment boomed.


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