Caterpillar sees strong growth and earnings enabling investment to accelerate innovation through new product development. ...
... "What Team Caterpillar was able to accomplish in 2006 is a reflection of the diversity of the industries we serve, the global need for our products and services and the strength of our partnership with our dealers and suppliers, commented Owens. We took advantage of our financial success - including strong cash flow - to fund growth in capacity, continue aggressive new product development, complete the strategic acquisition of Progress Rail, increase the dividend rate by 20 percent and buy back more than $3 billion in stock. These actions will deliver long-term benefits for our customers, employees and stockholders. " ...
Via Caterpillar: Caterpillar Inc. announces 4Q 2006 results ...
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