Tale turning for Cat

THANKS to increased revenues and profits year on year for the second quarter Caterpillar has upped its full-year expectations and is preparing to invest to boost its competitiveness.

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Things are looking up for Caterpillar.

The company had second quarter sales and revenues of US$11.3 ($A14.1) billion, compared with $10.3 billion in the second quarter of 2016.

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