Caterpillar inc actively monitoring coronavirus for any potential impact

Caterpillar inc says ready to respond quickly to positive or negative developments in our end markets - conf. call.caterpillar inc says dealer inventory for the quarter decreased $700 million compared to increase of $200 million in prior year's quarter - conf. call.caterpillar inc says expect soft sales in resource industries in h1 of 2020 - conf. call.caterpillar inc says order backlog was weaker at the end of 2019, down $900 million across segments- conf. call.caterpillar inc says slowing demand for reciprocating engines in north america and lower turbine project deliveries contributed to 11% decrease in oil & gas sale.caterpillar inc says expects material costs to decline in 2020, including the impact of lower steel prices, procurement savings and lower freight.caterpillar inc says tightly controlling discretionary spending.caterpillar inc expects china sales to be flat to down in 2020.caterpillar inc says co is actively monitoring the coronavirus for any potential impact.
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