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Company News for December 13, 2012

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•    Caterpillar Inc. (NYSE:CAT) declared that it will pay its Q1 2013 dividend of 52 cents on 31st December, 2012 to negate the impact of the fiscal cliff. The move could save stakeholders approximately $30 million

•    Shares of Wal-Mart Stores, Inc. (NYSE:WMT) plunged 2.7% after the Indian government instituted an inquiry on lobbying practices against the retail chain company

•    Costco Wholesale Corporation (NASDAQ:COST) reported first quarter earnings per share of $0.95, beating the Zacks Consensus Estimate of $0.93

•    Joy Global Inc. (NYSE:JOY) posted fourth quarter earnings per share of $1.94, surpassing the Zacks Consensus Estimate of $1.90

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