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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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Wall St. rises further after Bernanke comments
ReutersNEW YORK (Reuters) - Stocks sharply cut gains after climbing as much as 1 percent earlier as investors parsed comments from Federal Reserve Chairman Ben Bernanke, who was speaking before Congress. The Dow Jones industrial average gained 69.11 points,...Tags: Lifestyle and Leisure, Emerson Electric Company, Conservation, U.S. Department of Energy, Wal-Mart Stores, Inc.
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Dollar steadies before Bernanke, Wall St. seen higher
ReutersNEW YORK (Reuters) - Stock markets around the world rose on Wednesday after Federal Reserve Chairman Ben Bernanke signaled that the U.S. central bank's stimulus program would remain intact. In testimony to Congress, Bernanke said the Fed's monetary...Tags: IBM, Finance, Unrest, Conflicts and War, Metal, McDonald's
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INTERVIEW-Nippon Steel sees boost to its output from Japan's economy policy
Reuters* Annual output of 45 mln T would be highest in 3 yrs * Japan's reflationary policy helps domestic demand By Yuka Obayashi TOKYO, May 20 (Reuters) - Nippon Steel and Sumitomo Metal Corp expects its domestic crude steel output to rise 2 percent in the...Tags: Economy, Business and Finance, Industrial Production, Conservation, Companies and Corporations, Foreign Exchange Market
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Caterpillar machinery sales down 9 pct in April, led by Asia
ReutersCHICAGO, May 20 (Reuters) - Caterpillar Inc said on Monday that retail demand for its construction and mining equipment continued to be sluggish in April, though the sales picture appeared to be improving in almost every market outside North America. The...Tags: Stock Market, NYSE Euronext, Inc., Manufacturing and Engineering
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Caterpillar April machinery sales fall, led by Asia
ReutersCaterpillar, the world's largest maker of construction and mining equipment, said Monday that demand for its machines continued to show weakness last month, led by a continued decline in Asia and a steeper fall in North America. The Peoria, Illinois-...Tags: Stock Market, Asia, NYSE Euronext, Inc., Manufacturing and Engineering
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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: Economy, Business and Finance, Baseball, Litigation, Metal and Mineral, Mining
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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: Metal and Mineral, Mining, 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: Caterpillar Inc., Metal and Mineral, China, Mining, Manufacturing and Engineering
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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: Money and Monetary Policy, Manufacturing and Engineering, Passenger Cars
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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 Reports, Deere and Company, Weather, Manufacturing and Engineering, Thomson Corporation
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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: Volvo, Vehicles, Kimberly-Clark Corporation, Mitsubishi, Recreational Equipment Inc.
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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: China Enterprises, Prices, Heavy Engineering, China, Manufacturing and Engineering
May 22, 2013
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May 22, 2013
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May 20, 2013
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May 20, 2013
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May 20, 2013
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May 17, 2013
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May 17, 2013
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May 17, 2013
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May 15, 2013
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May 15, 2013
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May 10, 2013
|Story| Baltimore Sun
May 8, 2013
|Story| Reuters
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