Caterpillar, Whirlpool post strong numbers; shares rally
By Shawn Langlois & Matt Andrejczak, MarketWatch
Last Update: 4/26/2010 11:25:00 AM
SAN FRANCISCO (MarketWatch) -- Caterpillar Inc. and Whirlpool Corp. served notice on Monday that the manufacturing sector in the U.S. is in full-blown recovery mode, boosted by rising demand both at home and abroad.
"The industrial sector is getting a really good pop lately from a strong improvement in the global economy," Edward Jones analyst Jeff Windau said. "And we should continue to see solid growth for the rest of the year, but the key will be sustained capital spending by customers."
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