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Wednesday, April 7, 2010 as of 11:14 AM ET

Bucyrus International, Inc.

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    Get updates on Bucyrus International, Inc.
    Caterpillar 1Q Net Up 29% On Higher Mining , US Sales

    Caterpillar Inc.

    's (CAT) first-quarter earnings rose 29%, as resurgent sales of construction machinery in the U.S. and ongoing global demand for mining equipment offset weakening sales in Europe, China and Brazil.The world's sales leader in bulldozers, excavators and other earth-moving machinery topped analysts' profit expectations for the quarter, but revenue was less than anticipated. The company increased its profit forecast for the year, but left its revenue projection unchanged from its fourth-quarter results in January."We're seeing strong global demand for most mining products and significant growth in replacement demand for products in the United States," said Caterpillar Chairman and Chief Executive Officer Doug Oberhelman in a written statement Wednesday.Oberhelman said the Peoria, Ill., company remains on course for record sales and profit in 2012, despite recessionary economies in Europe and slowing demand for construction equipment in China and Brazil, where tighter moneta...

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    1. Caterpillar 1Q Profit Beats Street, Sales Miss

      Economic bellwether Caterpillar (NYSE:CAT) generated a stronger-than-expected 29% leap in first-quarter profits as the world's largest maker of construction equipmen...

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      DOW JONES NEWSWIRESCaterpillar Inc.'s (CAT) first-quarter profit rose 29% as acquisitions helped boost the heavy-machinery maker's revenue.However, revenue growth fe...

    3. Caterpillar To Sell Bucyrus Peru Distribution Unit For $75 Million

      DOW JONES NEWSWIRESCaterpillar Inc. (CAT) said it agreed to sell a distribution and support business in Peru to Ferreyros SAA (FERREYC1.VL) for about $75 million, al...

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      Caterpillar Inc. may acquire Hong Kong-based ERA Mining Machinery Ltd. in a deal valued at about $887 million, The Wall Street Journal reported Thursday, citing an a...

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