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Caterpillar (CAT) is downgraded to Neutral from Overweight at JPMorgan, which lowers its FY12...

Caterpillar (CAT) is downgraded to Neutral from Overweight at JPMorgan, which lowers its FY12 EPS estimate to $9 from $10.92, saying the company doesn't have the balance sheet necessary to boost share repurchases. The analysts also say don't overlook the President's reelection and its impact on the coal and energy sector.
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Comments (4)
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    I follow CAT because it has something to do with the global economy.

     

    I think this means that global economic news will start getting better real soon.
    12 Nov 2012, 10:48 AM Reply Like
  • chuck lewis
    , contributor
    Comments (429) | Send Message
     
    I see Yellow Cats all over the Sandy disaster area working hard.
    Chuck Lewis
    The Lewis Letter
    12 Nov 2012, 12:06 PM Reply Like
  • chuck lewis
    , contributor
    Comments (429) | Send Message
     
    I am editor of a daily Financial Letter, website: The Lewis Letter, 53 years of being an analyst, appearing on CNBC every Wednesday night for 2 years when it was launched, in and on the media through out career. Worked for JFK 1959-1961, taught finance at Columbia for two years, Adult Education 1963.
    12 Nov 2012, 12:11 PM Reply Like
  • chuck lewis
    , contributor
    Comments (429) | Send Message
     
    I see more Yellow Cats in the Sandy disaster area than ever.
    Chuck Lewis
    The Lewis Letter
    12 Nov 2012, 12:12 PM Reply Like
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