Also today, massive earnings seen from big CAT. Caterpillar (NYSE: CAT) It recorded a quarterly profit that got four times from a year ago. The biggest maker of construction and mining equipment of the world earned one dollar and forty seven cents a share in the final quarter of last year.

Doug Oberhelman, the CEO of Caterpillar Inc. has joined the company less than five months back and already outpaced his predecessor in acquisitions as he looks for means and ways to boost sales to the developing markets.

The world's largest Caterpillar equipment dealer, Finning International reported a 55% decline in its quarterly profit due to the weak market conditions in Canada and Britain. The Company's exceptional performance in South American was not able to lift its overall performance.

On Monday, a tougher than estimated quarterly profit was reported by Caterpillar Inc.

Also, it increased its year's prediction, declaring that financial situations were getting better, particularly in Asia and Latin America.

Caterpillar Inc., the heavy-equipment manufacturer, sent in a last moment salvo against the revamped health-care plan presented by the Democrats, stressing that the Medicare adjustments in the legislation, in addition to the insurance mandates, would end up increasing the firm's costs by a whopping $100 Million in its first year of becoming being approved.

Caterpillar Inc., the world's largest maker of bulldozers and excavators, reported a decline in its fourth-quarter earnings of 65 percent and augurs its 2010 profit that trailed analysts' speculations.

The persisting fall in demand for its construction equipment has forced Caterpillar Inc to cut nearly 2,500 US jobs, as well as shutdown its Jefferson, Georgia. In the month of January, Caterpillar had announced 22,000 job-cuts; and in February, voluntary early retirement packages were offered to an additional 2,000 production workers.

The world's largest maker of construction and mining equipment, Caterpillar Inc.