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Caterpillar In For A Tumultuous Year

BMI View: Despite Caterpillar posting record revenues and profits in 2012, the poor performance witnessed in Q412 gives an insight into the potential challenges the company could face going forward....

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Construction: A Bleak Picture

BMI View: We maintain our bearish outlook for the Iranian construction sector based on staggering inflation; intensified pressure on Iranian finances following US and EU energy sanctions; and a...

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