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April 21, 2008

Global sales boost Caterpillar profits

PEORIA, Ill. (AP) — Heavy equipment maker Caterpillar says demand for its global mining and energy products pushed its first-quarter earnings up 13 percent.

Peoria, Ill.-based Caterpillar Inc. said Friday it earned $922 million, or $1.45 per share, in the January-March period compared with $816 million, or $1.23 per share, in the year-ago quarter.


 
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