UPDATE 1-Fiat Industrial nudges up 2012 targets

Newswire

By Jennifer Clark MILAN, Oct 31 (Reuters) - Italy-based truck and tractor maker Fiat Industrial nudged up its 2012 targets after a strong performance at its agricultural equipment business offset poor truck sales and lifted third-quarter profit. By contrast, U.S. rival Caterpillar Inc, the world's largest maker of tractors and excavators, slashed its 2012 forecast for the second time this year on Oct. 22. Fiat Industrial said on ...

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