Caterpillar, 3M, Dow Sales Hit By Weak Global Growth

Citing "severe weakness" in mining, lower oil prices and sluggish sales in China and Brazil, Caterpillar (CAT) reported subpar revenue in the second quarter -- a fate that also befell 3M (MMM) and Dow Chemical (DOW) as they reported Q2 earnings on Thursday. Excluding items, the Peoria, Ill.-based Caterpillar earned $1.27 a share in Q2, down 24.9% from a year earlier and matching estimates of analysts polled by Thomson Reuters. Including

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