Latest news on ‘Manufacturing’
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U.S. Economy: Orders, Exports Propel Manufacturing Expansion
(Bloomberg) — Manufacturing in the U.S. expanded in November for a fourth consecutive month, propelled by gains in orders and exports that signal growth will be sustained.
The Institute for Supply [...] -
Orders for Durable Goods in U.S. Unexpectedly Fall
By Courtney Schlisserman (Bloomberg) – Orders for goods meant to last several years unexpectedly fell in October, restrained by a drop in demand for defense equipment and a reminder the [...]
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Caterpillar Beating Komatsu as Dow Soars on Dollar
(Bloomberg) – For the first time since the equity rally began in March, the biggest U.S. stocks are beating the smallest as the dollar’s descent sends investors to companies with [...]
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Philadelphia Area Manufacturing Grows at Faster Pace
(Bloomberg) – Manufacturing in the Philadelphia region expanded in November at the fastest pace in more than two years, reflecting gains in orders and sales.
The Federal Reserve Bank of Philadelphia’s [...] -
Stockpiles at U.S. Companies Fall to Lowest Level in Four Years
By Bob Willis
(Bloomberg) – Inventories at U.S. businesses fell in September to the lowest level in almost four years, signaling orders will rise in coming months as spending picks up.
The [...] -
GE sells security arm to United Tech for $1.82B
By Scott Malone
BOSTON (Reuters) – General Electric Co (GE.N) will sell its security business to United Technologies Corp (UTX.N) for $1.82 billion, a deal that marks a step in the [...] -
Northrop Grumman Says TASC Sale Neutral To 2010 Earnings
By Ann Keeton
CHICAGO (Dow Jones) – Northrop Grumman Corp. (NOC) said the $1.65 billion sale of its advisory services business will be neutral to earnings in 2010.
The Los Angeles defense [...] -
Rising factory orders bolster recovery prospects
WASHINGTON (Reuters) – U.S. factory orders rose a stronger-than-expected 0.9 percent in September and inventories continued to shrink, bolstering the prospects for a sustained economic recovery.
It was the fifth month [...] -
Stanley Works buying Black & Decker in $4.5 billion deal
By Shawn Langlois, MarketWatch
SAN FRANCISCO (MarketWatch) – Stanley Works announced Monday a $4.5 billion all-stock deal to acquire Black & Decker Corp., in a bid to create a more powerful [...] -
Manufacturing, pending home sales fuel recovery hopes
By Lucia Mutikani
WASHINGTON (Reuters) – U.S. manufacturing activity rose to its highest level in 3-1/2 years last month and pending home sales contracts unexpectedly surged in September, offering hope the [...]
