Caterpillar (CAT) Global Machine Sales Down 7% in May

Go back to Caterpillar (CAT) Global Machine Sales Down 7% in May

Caterpillar (CAT) May Results Viewed as Neutral

June 20, 2013 10:43 AM EDT

This morning Caterpillar (NYSE: CAT) reported reported May Machine sales contraction with a 7% year-over year. Power Systems declined 1%. Commenting, Wells Fargo analyst Andrew Casey said results were likely neutral.

"Going forward, CAT's production trends should start to be closer to dealer sales trends, given... More