Caterpillar (CAT +2.9%) shares climb as CFO Mike DeWalt sees an improved selling season upcoming...

|About: Caterpillar Inc. (CAT)|By:, SA News Editor

Caterpillar (CAT +2.9%) shares climb as CFO Mike DeWalt sees an improved selling season upcoming in China. CAT's long-term mining business is "favorable," DeWalt says, although miners are remaining cautious; construction is still "fairly depressed" with housing starts still poor despite some improvement.