Caterpillar Beats Estimates, Raises 2012 Forecast

July 25 (Bloomberg) -- Bloomberg's Carol Massar reports that Caterpillar Inc. posted second-quarter profit that beat analysts’ estimates and raised its full-year earnings forecast as demand increased from North American builders and overseas miners. Carol explains why Caterpillar's confidence in the global economy is so important. She speaks on Bloomberg Television's "In The Loop."
Markets Have to Find Their Own Level: McFarland
28:28 - Coutts Chief Global Economist Mark McFarland discusses the China stock rout and the outlook for the market. He speaks to Bloomberg's Angie Lau and Rishaad Salamat on "Asia Edge." (Source: Bloomberg)
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