Latest news on ‘Manufacturing’
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Wells Fargo Securities says new orders slowing
Tom Stundza
Orders for durable goods at U.S. manufacturers regained some lost ground in September after sliding in August, but Wells Fargo Securities suggests new orders in the pipeline are slowing.
Orders [...] -
Steelmakers beat estimates but outlook gloomy
By Steve James
NEW YORK (Reuters) – U.S. steelmakers reported better-than-expected third-quarter results on Tuesday but they restated their gloomy short-term views for the industry and the economy and their shares [...] -
Caterpillar Begins Rehiring Workers as Demand Rises
By Shruti Date Singh
(Bloomberg) – Caterpillar Inc. said it has started rehiring and expects to return a portion of its laid-off employees to jobs as demand increases in the coming [...] -
Whirlpool posts lower profit; shares gain on outlook
By Shawn Langlois
SAN FRANCISCO (MarketWatch) – Whirlpool Corp. shares rallied more than 6% in early trading on Friday after the appliance giant reported a steep drop in third-quarter profit but [...] -
Production in U.S. Increases More Than Anticipated
By Shobhana Chandra
(Bloomberg) – Industrial production in the U.S. rose more than three times as much as anticipated in September, putting manufacturing at the forefront of the emerging economic recovery.
The [...] -
Black & Decker’s power boost
By MarketWatch
SAN FRANCISCO (MarketWatch) – Black & Decker issued a stunning earnings outlook Monday, more than doubling its estimated third-quarter profit to 91 cents a share.
The toolmaker won’t roll [...] -
MeadWestvaco to sell specialty papers unit
(Reuters) – MeadWestvaco Corp (MWV.N), which makes product packaging, said on Friday that it would sell its specialty papers unit to a company formed by two of its managers.
The Glen [...] -
Caterpillar Raising Machinery Prices By 2% In 2010
CHICAGO (Dow Jones) – Caterpillar Inc. (CAT) said Monday it will raise prices on most of its construction machinery by up to 2% beginning in January.
Caterpillar, the world’s largest producer [...] -
Manufacturing growth slows
NEW YORK (CNNMoney.com) — Manufacturing activity ticked down slightly in September but still marked a second straight month above contraction levels, a purchasing managers’ group said Thursday.
The Tempe, Ariz.-based [...] -
Texas factory activity sees slight uptick
Houston Business Journal
A manufacturing outlook survey released Monday by the Federal Reserve Bank of Dallas showed that Texas factory shipments and new orders turned positive during September.
Texas, which produces more [...]
