Rising Tariffs Undercut Caterpillar's Q2 Performance Even As Order Backlog Swells By $2.5 Billion
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Caterpillar expects Q3 operating margin to decline year-over-year due to $400-$500 million in incremental tariff costs. Construction and Resource Industries profits fell 29% and 25%, driven by unfavorable manufacturing costs and weak pricing. The market's back, and these 3 income stocks are ...
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