Caterpillar Looking to No Improvement Due to Poor Economy
by Sara Noble •
Caterpillar Inc., the world’s largest construction and mining equipment operator, cut its profit and revenue predictions for 2013 based on the economy being far weaker than expected.
Since dealers want to lower inventories, they are ordering fewer products and it is resulting in Caterpillar having shutdowns and layoffs.
Caterpillar expects no improvements in revenue and they are preparing for a possible 5% decline.
Read the story at LA Times
- December 13, 2014 Illegals Pouring Into California Information Sessions Gov. Jerry Brown recently told illegals, "You're all welcome here." It might as well […]
- May 6, 2011 The New Reality – McDonalds Minimum Wage Jobs
The LA Times reported today that jobs have been added for the third straight month. […]
- June 25, 2011 No Illegal Jews, But The Rest Can Come
This is insane, absolutely insane. We allow people to pour over our borders who are […]
- September 18, 2011 We Are Going to Hit the Debt Wall Next Year
If we don't start cutting, we will hit the debt wall by July, 2012. There is a […]
- December 11, 2013 Nelson Mandela, a Balanced View from Mark Levin and Joel Pollack Nelson Mandela, 18 July 1918 – 5 December 2013, RIP
Listen to a very balanced view […]