China Yuchai International Limited
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Will China's Slowdown Hurt this Equipment Manufacturer?
By Muhammad Bazil - September 17, 2012 | Tickers: CAT, CYD, TX
It seems that Caterpillar’s (NYSE: CAT) impressive earnings growth has hit a roadblock that even their heavy machinery can’t get past. A global economic slowdown is finally taking its toll on the company. Caterpillar reported impressive earnings growth last year – between the third and fourth quarters Caterpillar posted an increase in earnings of about 35%. The party quickly came to a halt when earnings only rose seven cents more »