Hints and tips:
...We estimate that worldwide sales of big bikes total at least $10bn a year....
...More wary investors will note that economic activity worldwide is patchy, however....
...However, in spite of decades of careful investment, China still accounts for only 3 per cent of Caterpillar’s worldwide sales....
...It is in sectors such as carmaking, and the manufacture of construction equipment and electronics that the repercussions of last month’s disaster have been most marked....
...Caterpillar has a market share in the Chinese heavy machinery sector of about 7 per cent....
...In China, Caterpillar started its first sizeable joint production venture in 1994, in partnership with state-owned Xuzhou Construction Machinery Group....
...As construction jobs decline, unemployment is rising but still below the UK average. Manufacturing is holding up....
...Komatsu, the construction machinery maker, fell 4.3 per cent to Y1,078 on profit-taking. Its shares gained strongly last week on robust quarterly earnings....
International Edition