Caterpillar Seen Trailing Macy’s as Europe Saps Earnings

Caterpillar Seen Trailing Macy’s as Europe Saps Earnings

Chris Ratcliffe/Bloomberg

Caterpillar Inc., the world’s largest maker of construction equipment, is poised to report back-to-back declines in quarterly profit for the first time since 2009. Ford Motor Co.’s earnings growth may stall as European losses overwhelm rebounding U.S. auto sales.