Stories Related to Caterpillar Profit Weakened By High Inventory, China Fraud

(Reuters) - Caterpillar Inc, the world's largest maker of construction equipment, posted a 55 percent drop in quarterly profit on Monday due to a charge connected with accounting fraud at a Chinese subsidiary and weak demand among its dealers.

Sections:  world   business   
Topics:  caterpillar inc   china   construction   fraud   
RELATED ARTICLES
BING NEWS:
  • Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2
    Telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted profit that beat expectations and said sales might stabilise in the second half of the year despite weak demand for 5G ...
    04/15/2024 - 7:45 pm | View Link
  • Betting On The Swoosh: Why Nike Deserves A Spot In Your Portfolio
    Nike has implemented a successful restructuring plan and is well-positioned for long-term growth. Check out why I rate NKE stock a buy.
    04/15/2024 - 1:29 am | View Link
  • GACA to Organize Future Aviation Forum in Riyadh Next Month
    Saudi Arabia’s General Authority of Civil Aviation (GACA) is scheduled to organize the third edition of the Future Aviation Forum 2024 (FAF 2024) on May 20-22 in Riyadh. The FAF 2024 will be organized ...
    04/11/2024 - 5:26 am | View Link
  • JPMorgan CEO Jamie Dimon's Annual Letter: Interest Rates Could Go Far Higher Than Many Expect (Full Text)
    Across the globe, 2023 was yet another year of significant challenges, from the terrible ongoing war and violence in the Middle East and Ukraine to mounting terrorist activity and growing geopolitical ...
    04/7/2024 - 9:54 pm | View Link
  • Weekly Commentary: Global Ring Of Fire
    Money Market Fund Assets surged $70.5 billion last week to a record $6.111 TN. Our understanding of the most momentous financial and economic occurrence of the past century has been terribly ...
    04/5/2024 - 10:39 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News