The value of the stock falls to its lowest since October - Contagion effect in Piazza Affari: Caterpillar has cut its revenue estimates this year - Now the American giant expects sales of 48 billion dollars, 1 billion less than the outlook provided previously.
Difficult day for the Stock Exchange title Cnh Industrial, which in the mid-afternoon dropped by 4,4%, to 5,865 euros. The value of the shares thus reaches its lowest level since October 2014.
The sales were triggered by the cut in the estimates on the accounts by the American company Caterpillar, which has tlowered this year's revenue estimates.
Now the American giant expects sales of $48 billion, one billion less than the previously provided outlook.
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