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Caterpillar Inc.: The Peoria, Ill.-based construction equipment...

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From Times Staff and Wire Reports

Caterpillar Inc.: The Peoria, Ill.-based construction equipment manufacturer reported that its second-quarter earnings plunged 67% to $46 million. Revenue was off 3% to $2.95 billion. Caterpillar said the results reflect lower demand for construction equipment among industrial nations.

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