Monday, October 24, 2011

Caterpillar Inc Earns 44% Jump in Quarterly Profit

(Reuters) - Caterpillar Inc muscled through murky economic conditions with a surprising 44 percent jump in quarterly profit, and forecast strong demand through next year in a sign of optimism for the global economy.

:O)

6 comments:

  1. I know why this was particularly good news for me. (I bought the stock 3 weeks ago at $71, it closed today at almost $92, and it's still $20 off it's recent high.) But of all the economic news that you've never before posted, did you decide to post this one blurb?

    S.

    (and thanks for unbanning me :P )

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  2. I never banned you.

    Holy Cannoli!

    Do you honestly think that I banned you?

    I promise you that I never did, although you are not the first person to complain about problems with commenting.

    As far as I know, that's a blogspot issue.

    Anyways, I just posted the Caterpillar story as a nudge to the anti-Israel BDS crowd.

    Give them a reason to get all righteous and indignant.

    ReplyDelete
  3. "Give them a reason to get all righteous and indignant."

    Think big, Karma. Think "Make their heads explode."

    :-)

    ReplyDelete
  4. No, I was kidding. I didn't think you banned me. I think it was my computer or blogspot or something.

    Forgive me, but what does Caterpillar have to do with the BDS movement? Oh, wait. Nevermind. I figured it out all by myself.

    S.

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  5. But it sure takes talent to 'dance' THIS bad...

    Heh.

    Portland BDS has been marvelously successful... at making me pick up an Israeli product whenever possible from New Seasons, where I do most of my non-farmers' market grocery shopping every week. ;)

    ReplyDelete