construction stocks

Caterpillar Inc. (CAT) reported third quarter earnings of $1.22 per share, compared with 64 cents per share a year earlier. Sales and revenue rose 53% to $11.134 billion, the company said in a statement. "Third-quarter results continue to demonstrate our focus on aggressively managing costs and...

Construction stocks have lately been dormant, if not huge losers. But some analysts are starting to divine that global engineering and heavy construction will come alive in the second half of 2010. And they're changing their tune on Foster Wheeler.

Caterpillar Inc (CAT) reported second quarter earnings per share of $1.09, up from 60 cents per share in the second quarter of 2009. Second quarter profit was $707 million, a 91% increase from a year ago. Sales and revenues increased 31% to 10.409 billion, from $7.975 billion in the year-ago...