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Profit doubles at Wacker Neuson
German manufacturer Wacker Neuson has reported double digit growth in the first quarter, and confirmed its forecast for 2012.
Construction Europe – 5/13/2012

Gas Prices Drop For Fifth Consecutive Week
The U.S. average retail price of regular gasoline decreased 4 cents this week to $3.79 per gallon, 18 cents per gallon lower than last year at this time. This marks the fifth straight week of decline, with the average price down 15 cents since April 2.
USAgNet – 5/10/2012

US trade deficit grows in March
Official figures from the Commerce Department show the deficit at $51.8bn (£32.0bn) in March, up from $45.4bn in February.
BBC News – 5/10/2012

Trade Groups Team Up to Create a Drug- and Alcohol-Free Construction Industry
Five of the nation's largest construction trade associations have teamed up to form the Construction Coalition for a Drug- and Alcohol-Free Workplace (CCDAFW). The coalition's mission is to create a drug- and alcohol-free construction industry by providing companies and organizations with the resources necessary to implement drug- and alcohol-free policies into their business practices.
Compact Equipment Online – 5/9/2012

Ritchie Bros. Auctioneers Conducts Multimillion-Dollar Grand Opening Auction in Las Vegas, Nev.
Ritchie Bros. Auctioneers officially opened its new 33,000-square-foot auction building in northern Las Vegas on May 4, during a multimillion-dollar grand opening auction. More than 2,100 bidders from 42 countries registered on site or online to participate in the unreserved public auction, which featured close to 1,300 heavy equipment and transportation items.
AED News – 5/7/2012

EquipRent Announces New Integration with CRM Software
EquipRent.com, the free, online equipment rental service that connects commercial contractors and DIYers to local rental companies recently announce a new integration feature with rental companies' customer relationship management (CRM) software like salesforce.com. Free for a limited time, this new real-time integration will result in prospects' information being digitally delivered into rental companies' existing pipeline software for faster responses.
AED News – 5/7/2012

UK economy in double-dip recession
The UK economy has returned to recession, after shrinking by 0.2% in the first three months of 2012.
BBC News – 4/26/2012

Volvo CE Reports Record Profitability in Q1 2012
Volvo Construction Equipment (Volvo CE) experienced a strong first quarter in 2012, seeing sales rise 17 percent and record levels of income and operating margin for a first quarter.
Construction Pros – 4/26/2012

Caterpillar Inc Drops to Record Low in 7 Months as Revenue Misses Estimates - CAT, DE, CNH, TEX
The Peoria, Illinois-based Caterpillar Inc (NYSE:CAT) announced a boost in revenue of Q1 that was below analysts' forecasted after sales tumbled in China and Brazil.
Potential Traders – 4/26/2012

Terex 1Q sales increase 16% over 2011
Terex announced first quarter net sales of $1,819.4 million, an increase of 44.8% from $1,256.2 million in the first quarter of 2011.
Equipment World – 4/26/2012