(Reuters) - A sharp drop in shares of equipment-maker Caterpillar Inc. on Friday showed just how badly a stock can be hurt when there is an earnings shortfall. The company reported an earnings decline that was greater than expected. The stock fell 4.4 percent and spoiled the Dow's day.
Despite Caterpillar's problems, multinational corporations have been in a position to benefit from stronger economies overseas.
Read more at Reuters.com Business News
Despite Caterpillar's problems, multinational corporations have been in a position to benefit from stronger economies overseas.
Read more at Reuters.com Business News
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