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."
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American Airlines Said to Buy China Southern Stake
06:12 - American Airlines is in talks to acquire a stake in China Southern Airlines, according to a statement by Asia's biggest carrier by passengers. Former American Airlines Chairman and CEO Robert Crandall weighs in on "Bloomberg Daybreak: Australia." (Source: Bloomberg)