Caterpillar (CAT) continued to dig itself a deeper hole with 2013 coming to an end, as machine sales declined in all regions for the second straight period.
The manufacturing, construction and mining equipment giant said early Thursday in a regulatory filing that global retail sales in the three months ended in November were down 12% from a year earlier.
Sales in Asia plunged 24%. That was the worst drop of any region, although improved a bit from the 26% slide reported for the October period.
The eCONomy is recovering.
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