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A collection of news and information related to Machine Manufacturing published by this site and its partners.
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Dollar soars, stocks set new highs on Fed stimulus exit talk
ReutersNEW YORK (Reuters) - The U.S. dollar soared against major currencies on Friday on growing speculation that the Federal Reserve could soon begin to rein in its bond-buying program and after data showed U.S. consumer sentiment hit an almost six-year high in...Tags: Taiwan, Wars and Interventions, Budgets and Budgeting, Standard & Poor's Financial Services LLC, Christopher Johnson
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China deal ends distraction, but not questions, for Caterpillar
Reuters* Deal cuts $135 million from purchase price * Real value is eliminating embarrassing distraction * Caterpillar now needs to show how ERA advances China strategy By James B. Kelleher CHICAGO, May 17 (Reuters) - Caterpillar Inc's deal to cut the...Tags: Mining, Sports, Litigation, Metal and Mineral, Shareholders
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Dow, S&P end at records, stocks mark fourth week of gains
ReutersNEW YORK (Reuters) - Stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies. The Dow and the S&P 500 finished...Tags: HIV, Fossil Incorporated, Whole Foods Market, Rupert Murdoch, priceline.com Inc.
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Caterpillar says settles Siwei deal with cut in purchase price
Reuters(Reuters) - Caterpillar Inc and China-based Mining Machinery Ltd said on Thursday they have settled outstanding issues related to Caterpillar's acquisition of mining equipment firm ERA and its Siwei unit through a reduction in the purchase price. As part...Tags: Mining, Metal and Mineral, China, Manufacturing and Engineering
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Cat to pay less for Chinese firm mired in accounting woes
ReutersCaterpillar Inc. has reached a deal with Mining Machinery Ltd., reducing the price it will pay to buy mining equipment firm ERA and its Siwei unit. As part of the deal announced on Thursday, Caterpillar's outstanding payment obligations to Mining...Tags: Mining, Metal and Mineral, China, Manufacturing and Engineering, Caterpillar Inc.
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Czech recession deepens in first quarter, crown falls
Reuters* GDP falls 0.8 pct q/q * Crown drops below 26.0/euro * Export the main driver * Market surprised, result worse than most pessimistic forecast PRAGUE, May 15 (Reuters) - The Czech economy shrank by a surprising 0.8 percent in the first quarter as...Tags: Passenger Cars, Money and Monetary Policy, Manufacturing and Engineering
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Deere posts higher quarterly profit
ReutersMay 15 (Reuters) - Deere & Co reported higher quarterly earnings on Wednesday and forecast a record profit for the full year, but it warned that "global financial pressures as well as adverse weather patterns" made it cautious about its outlook. The...Tags: Weather, Thomson Corporation, Weather Reports, Manufacturing and Engineering, Deere and Company
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Port sales force makes pitch to attract, retain customers
The sales force for the port of Baltimore travels the country and the world, looking for business. It could be farm equipment manufactured in the Midwest on its way to Australia or furniture coming from South America or Alabama-built Hondas headed for...
Tags: Kimberly-Clark Corporation, Hyundai, Kia, Fiat, Dundalk
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Hong Kong shares close up 0.9 pct in 4th straight daily gain
ReutersHONG KONG, May 8 (Reuters) - Hong Kong shares rose for the fourth straight session on Wednesday after robust Chinese April trade data trumped expectations, helping extend a rally in growth-sensitive counters ahead of more data due later in the week....Tags: Prices, Hong Kong, China, Heavy Engineering, China Enterprises
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The dubious future of the San Onofre nuclear plant
Southern California Edison officials are saying that if they can’t get permission to reopen one of the shuttered reactors at the San Onofre Nuclear Generating Station, they will consider permanently closing the plant this year, according to a report...
Tags: Southern California Edison Company, U.S. Nuclear Regulatory Commission, Japan Earthquake and Tsunami (2011), Finance, Economy, Business and Finance
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China April official services PMI at 54.5 vs 55.6 in March
ReutersBEIJING (Reuters) - Expansion in China's services sector slowed in April, an official survey showed on Friday, in line with slower factory activity and reinforcing views that recovery in the world's second-largest economy remains modest and faces risks....Tags: Productivity, China, Labor Markets, Manufacturing and Engineering, Industrial Production
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CLAAS reflects on 100 years of innovations
OMAHA, Neb. - Over the last century, CLAAS has evolved from a small manufacturer of straw binders into a global leader of agricultural implement innovations. August Claas founded the company in 1913 in Germany, and was soon joined by his three...Tags: Invention and Innovation, Plant Openings, Luxury Vehicles, Companies and Corporations, Marketing
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
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May 17, 2013
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May 17, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 10, 2013
|Story| Baltimore Sun
May 8, 2013
|Story| Reuters
May 6, 2013
|Story| Los Angeles Times
May 2, 2013
|Story| Reuters
May 3, 2013
|Story| Aberdeen News
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