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Caterpillar Inc. (CAT) 4Q Earnings Fall On China Write-Down; Warns Of Weak 2013

2013-01-28 19:58:10| IT Services - Topix.net

Caterpillar Inc. , the world's largest maker of construction and mining equipment, said its fourth-quarter net income fell by half after it took a big write-down related to the uncovering of accounting misconduct at a unit of ERA Mining Machinery Ltd , which Caterpillar acquired last year.

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