Susquehanna lowers CAT (CAT +0.5%) 2013 and 2014 EPS estimates to $7.45 from $8.00 and to $8.40...

|By:, SA News Editor

Susquehanna lowers CAT (CAT +0.5%) 2013 and 2014 EPS estimates to $7.45 from $8.00 and to $8.40 from $9.05 respectively. Analyst Ted Grace cites "conversations with clients" as well as meetings with CAT and competitors Joy Global JOY and Komatsu. (Earlier: CAT CEO comments on Europe)