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DewDiligence

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DewDiligence

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Re: DewDiligence post# 18417

Wednesday, 07/24/2019 10:46:16 AM

Wednesday, July 24, 2019 10:46:16 AM

Post# of 30499
CAT—(-4%)—weak US oil/gas sales and China construction sales cause softer 2019 guidance:

https://finance.yahoo.com/news/caterpillar-reports-second-quarter-2019-113000952.html

Full-year profit per share outlook range is maintained at $12.06 to $13.06; the company currently expects to be at the lower end of this range

In other words, they lowered guidance without lowering guidance, LOL.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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