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Recent Sector News
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SNC-Lavalin maintains 2013 outlook, posts three-part strategic plan on day of annual meeting
Montreal-based engineering and construction company SNC-Lavalin (TSE:SNC) is maintaining its outlook for 2013 despite lower earnings for the first quarter, announced Thursday along with a three-part strategic plan designed to focus on growth in its resources segment, after a year overshadowed by an ongoing bribery scandal.
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Caterpillar reports Q1 profit miss, cuts 2013 outlook on mining slowdown
Caterpillar Inc. (NYSE:CAT), the world’s biggest manufacturer of mining and construction equipment, reported a weaker-than-expected first quarter profit and cut its forecast for 2013 as its mining clients slowed down orders. The company said it will resume repurchasing the stock in the second quarter and expects repurchases of about $1 billion.
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Ford rallies on strong February sales
Ford Motor Co. (NYSE:F) gained as much as 3 percent to $13.38 in New York on Monday after the second-largest U.S. automaker reported deliveries in China soared more than 40 percent during the first two months of the year.
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Caterpillar shares move up premarket as cautious 2013 sales outlook beats Street
Caterpillar (NYSE:CAT) Monday saw its shares rise in premarket trading, despite a 55 per cent drop in fourth quarter profits on a previously announced goodwill impairment charge.
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GE tops views on strong industrial profits, posting record backlog
Shares in General Electric (NYSE:GE) rose before the bell Friday as the company reported fourth quarter profit rose 8%, on higher revenue, topping Street estimates.



















