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  • WASHINGTON, March 24- A U.S. Senate subcommittee known for investigating corporate tax avoidance said on Monday it will hold a hearing on April 1 to examine the offshore tax strategies of Caterpillar Inc, the world's largest mining and construction equipment maker.

  • *Kion aims to replace Toyota Industries as No.1. FRANKFURT, March 20- German forklift truck maker Kion aims to overtake Toyota Industries Corp to become global market leader no later than 2020 by focusing on growth in Asia and the United States, its chief executive said on Thursday.

  • March 6- Mining equipment maker Joy Global Inc said demand from miners for maintenance work was returning after more than a year of delay when its main customers struggled with a coal glut and weak prices. Joy Global's shares rose as much as 5.4 percent in early trading after the company also raised the lower end of its 2014 profit forecast range.

  • March 6- Joy Global Inc reported a two-thirds drop in quarterly profit due to lower demand for mining equipment in the middle of a coal glut, but the company said maintenance revenue was rising as miners can no longer delay work on old equipment.

  • March 6- Joy Global Inc, a mining equipment maker, reported a 66 percent fall in quarterly profit as coal miners struggling with oversupply cut spending. Joy Global, which gets about two-thirds of its total revenue from coal miners, has cut costs to offset the impact of lower sales.

  • March 6- Joy Global Inc, a mining equipment maker, reported a 66 percent fall in quarterly profit as coal miners cut spending due to weak prices caused by oversupply. The company's net income fell to $48.9 million, or 48 cents per share, in the first quarter from $142.1 million, or $1.33 per share, a year earlier.

  • Feb 12- Deere& Co posted a stronger-than-expected quarterly profit on Wednesday but kept its full-year forecast unchanged, indicating the challenges the farm equipment industry faces as commodity prices come off the record highs of recent years.

  • Feb 12- Deere& Co posted a stronger-than-expected quarterly profit on Wednesday as cost controls helped offset the effects of moderating demand for its tractors, harvesters and other agricultural machinery.

  • Deere posts stronger-than-expected quarterly profit Wednesday, 12 Feb 2014 | 7:16 AM ET

    Feb 12- Deere& Co posted a stronger-than-expected quarterly profit on Wednesday as the company's efforts to control costs offset moderating demand from farmers for its tractors, harvesters and other agricultural machinery.

  • Feb 4- Agriculture machinery maker Agco Corp warned of weak demand in 2014 due to reduced farm income and forecast current-quarter earnings well below Wall Street expectations. Economic uncertainty in Europe, coupled with a slowdown in demand from U.S. farmers, has weighed on Agco as corn prices continue to slide, pressured by a record crop in 2013..

  • Agco profit jumps as demand from Europe rises Tuesday, 4 Feb 2014 | 8:26 AM ET

    Feb 4- Farm machinery maker Agco Corp reported a 36 percent increase in quarterly profit as strong sales in Europe offset weakness in South America.

  • Canton, Ohio- based Timken joins heavy-equipment maker Caterpillar Inc and toolmaker Kennametal Inc in citing weakness in the mining sector as a drag on profit. Kennametal cut its organic sales growth estimate to 2-4 percent from 4-6 percent due to weak conditions in underground mining in the United States and China.

  • *Caterpillar profit stronger than expected; shares rally. Caterpillar Inc, however, limited the losses of the Dow and S&P 500. The stock jumped 5.9 percent to $91.29 after the maker of mining and construction equipment reported a stronger-than-expected quarterly profit.

  • Jan 27- Caterpillar Inc posted a stronger-than-expected quarterly profit on Monday as cost cuts and an uptick in demand for its building equipment offset continued weak sales to the mining industry.

  • Watershed event for CAT: Analyst     Monday, 27 Jan 2014 | 10:15 AM ET

    Andy Kaplowitz, Barclays analyst, Eli Lustgarten, Longbow Research senior research analyst, discuss Caterpillar's big buyback and positive quarterly results based on better-than-expected guidance.

  • Jan 27- Caterpillar Inc posted a stronger-than-expected quarterly profit on Monday as the world's largest mining and construction equipment aggressively cut costs to offset continued sluggish sales of its earth-moving equipment.

  • Jan 27- Caterpillar Inc posted a stronger-than-expected quarterly profit on Monday as the world's largest mining and construction equipment aggressively cut costs to offset continued sluggish sales of its earth-moving equipment.

  • Japan's Kubota eyes U.S. fields with larger tractors Wednesday, 22 Jan 2014 | 6:00 AM ET

    OSAKA, Japan, Jan 22- Japan's Kubota Corp plans to sell powerful, large tractors in North America and Europe next year, its president said on Wednesday, challenging farm equipment industry leader Deere& Co..

  • Dec 11- Mining equipment maker Joy Global Inc forecast 2014 earnings below analysts' estimates after reporting a quarterly profit that fell short of expectations as miners cut spending. Coal miners, who account for about two-thirds of Joy Global's revenue, have cut back on buying equipment as they struggle with a supply glut and weak prices.

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