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Caterpillar (CAT) Completed Bucyrus Acquisition

Publiée le 9 juillet 2011 à karmastock à 282 vidéos S'abonner à la chaîne

Thank you for joining us. I am your host Sara Bryant at CRWE Newswire Stock Highlight. Caterpillar Incorporated - symbol CAT - has completed its acquisition of Bucyrus International, Incorporated, which makes surface mining equipment used for coal, copper, iron ore, oil sands and other minerals. The purchase of Bucyrus is a great strategic acquisition for Caterpillar, which expects demand to remain strong for mining equipment because of growth in the developing world. Recently Caterpillar reported a 411 percent improvement for first-quarter 2011 profit per share of $1.84—an alltime quarterly record. For more information about Caterpillar Incorporated - symbol CAT - visit caterpillar.com. Thank you for tuning in, I'm Sara Bryant, have a great day, see you soon, right here on CRWE Newswire

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