Caterpillar sees end of good times, moves into cost-cutting mode

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Caterpillar sees end of good times, moves into cost-cutting mode

Caterpillar sees end of good times, moves into cost-cutting mode
CHICAGO, July 23 (Reuters) - Caterpillar Inc rode the boom markets in China, Brazil and piggybacked the oil industry to rich profits, but the world's biggest construction and mining equipment company effectively declared the good times over on Thursday, warning of an extended period of retrenchment.

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