Latest news on ‘Manufacturing’
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It’s official: We’re all burnt out
NEW YORK (CNNMoney.com) – Feeling a little more tired after a long day of work lately? Join the club.
The Labor Department reported Tuesday that worker productivity fell 0.9% in the [...] -
Caterpillar Paces Dow; Apple’s Pain Grows
NEW YORK — Stocks shot higher Tuesday, extending their winning streak to six sessions as better-than-expected earnings from Alcoa and CSX boosted expectations for reports from bellwethers like Caterpillar.
The Dow [...] -
Wholesale inventories rise in May, sales fall
AP – WASHINGTON — Inventories held by wholesalers rose for a fifth consecutive month in May but sales fell for the first time in more than a year, sending a [...]
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Analyst Recommends 3M And Caterpillar (MMM, CAT, CSCO, ATT)
Chip Cobb, senior vice president at Bryn Mawr Trust, discussed his market outlook with CNBC.
He said, “Unfortunately, we’re stuck in a trading range and I think we’re going to be here [...] -
Jobless claims, manufacturing numbers hit stocks
NEW YORK — Stocks fell Thursday after a surprise increase in new claims for jobless benefits and a weaker regional manufacturing report raised concerns about the economy.
The Dow Jones industrial [...] -
YRC Rallies on Liquidity Boost, Divestitures Possible
By MATT JARZEMSKY And KEVIN KINGSBURY
YRC Worldwide Inc. announced an amended financing facility that will boost liquidity as the struggling trucker plans further belt-tightening and possible divestitures.
Shares jumped 13.5% to [...] -
Whirlpool Recalling 1.7 Million Maytag Dishwashers
(Bloomberg) — Whirlpool Corp., the world’s largest appliance maker, issued the biggest U.S. dishwasher recall in three years to fix 1.7 million of its Maytag models with a fire hazard, [...]
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Alcoa, Steelworkers Union Reach Tentative
(Bloomberg) – Alcoa Inc., the largest U.S. aluminum producer, reached a tentative agreement with the United Steelworkers union today that may avert a strike by almost 6,000 workers across [...]
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Caterpillar Back In The Black
It took a while, but Caterpillar finally managed to report its first earnings rise in nearly two years and topped with off with an upgraded outlook.
The heavy equipment manufacturer was [...] -
Low inventory and volcano trip up US manufacturers
NEW YORK (AP) — The strategy of keeping inventories lean paid off for U.S. manufacturers during the recession. Just-in-time delivery of parts makes even more sense when budgets are tight.
Now [...]
