Caterpillar Prepares for Continued Pressure; Slashing Our Fair Value
publication date: Sep 25, 2015
Caterpillar recently announced a significant restructuring and cost reduction plan that will result in thousands of employees losing their jobs, but this isn’t the first time the firm has attempted to cut costs in recent years. Could the economic downturn affecting its most-served industries be more significant and prolonged than originally anticipated?
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