Caterpillar gets construction boost, mining segment weak

Jul 24, 2014 | 12:47 PM | Thorsten Schier

Tags  Caterpillar, earnings report, construction, mining, Thorsten Schier

NEW YORK — Caterpillar Inc.’s construction segment contributed to a 4.1-percent increase in second-quarter net income, offsetting continued weakness in its mining segment."Construction industries had a good quarter, with sales up 11 percent and operating profit up 83 percent from the second quarter of 2013," chairman and chief executive officer Doug Oberhelman said....

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