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Like this book? Visit Smashwords to find e-books by this author. Caterpillar Announces Fiscal 2013 Results Caterpillar Inc. reported earnings for the fourth quarter and fiscal year ended Dec. 31, 2012. The company reported net income of $921 million, compared to net income of $958 million a year ago. Earnings per share were $1.28, compared to $1.24. Revenues rose 4 percent to $18.5 billion, while the company experienced growth in demand for its construction equipment, including its C7 line of tractors. Other key statistics: Caterpillar shares were down less than 1 percent at $128.50 in trading Monday. U.S. sales were up 3 percent to $3.79 billion. Europe sales increased by 4 percent to $2.94 billion. China sales were down 7 percent to $3.68 billion. The sales decline was due to the global economic slowdown. "We are pleased to report that our global sales, which drive our profitability, continued to improve in the fourth quarter," said Peter Oberhelman, chairman and chief executive officer. "I am particularly pleased with the performance of the C7, which is exceeding our expectations in terms of global demand. "This solid sales performance is a testament to our focus on quality and customer service, which is translating into increased margin growth. We are confident that our profitability in 2013 will continue to outpace the market, and that the margin improvement in the fourth quarter is a harbinger of what is to come." Click to enlarge Oberhelman concluded his statement by thanking all of his employees for their dedication to the company, and for their focus on exceeding customer expectations. "We are also making progress on our capital plan, which is now more than 80 percent funded and includes an additional $1.8 billion of liquidity. This improved capital position should enable us to pursue projects at favorable prices and finance additional sales opportunities," he said.// // Generated by class-dump 3.5 (64 bit). // // class-dump is Copyright (C) 1997-1998, 2000-2001, 2004-2015 by Steve Nygard. #import




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Electronic Devices And Circuits By Bogart Pdf Free Download

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