Caterpillar's (CAT) Strong Q2 Numbers, Profit Outlook Power Industrials Higher (JOY) (CNH) (DE)

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Caterpillar (NYSE: CAT) shares are on the move higher, following mostly positive second-quarter 2012 results. The industrial giant beat on the top-and bottom lines, while boosting its profit outlook for the balance of 2012 by 10 cents per share. Caterpillar only trimmed the top-end of 2012 revenue expectations, still coming in-line with consensus views.

On watch this morning are peers, including: Deere & Co. (NYSE: DE). Joy Global (NYSE: JOY), Cummins (NYSE: CMI), Kubota Corp. (NYSE: KUB), CNH Global N.V. (NYSE: CNH), and Hitachi Construction Machinery (NYSE: HIT), among others.

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