Industrials Capital Goods

  • *Merger talks end after CEOs "agree to disagree"- sources. MUNICH/ LONDON, Sept 12- German industrial gases group Linde and U.S. rival Praxair have ended talks to create a $60- billion- plus market leader, they said on Monday, after failing to agree where to locate key activities and who would run the business. Linde shares dropped 7 percent to 138 euros, below the price at...

  • *Merger talks end after CEOs "agree to disagree"- sources. MUNICH/ LONDON, Sept 12- German industrial gases group Linde and U.S. rival Praxair have ended talks to create a $60- billion- plus market leader, they said on Monday, after failing to agree where to locate key activities and who would run the business. Linde shares had dropped 7.6 percent to 137.60 euros by 1243...

  • MUNICH/ LONDON, Sept 12- German industrial gases group Linde and U.S. rival Praxair have ended talks to create a $60- billion- plus market leader, they said on Monday, after failing to agree where to locate key activities and who would run the business. Linde shares had dropped 7.8 percent to 137.25 euros by 1040 GMT, below the price at which they were trading just...

  • TOKYO, Sept 12- Japan's core machinery orders unexpectedly rose for a second straight month in July, easing some pessimism over capital expenditure, but worries remain that weak demand and the yen's gains may still discourage companies from boosting investment. Prime Minister Shinzo Abe's government has been counting on capital expenditure to drive...

  • *July core orders +4.9 pct m/m vs forecast -3.5 pct. TOKYO, Sept 12- Japan's core machinery orders unexpectedly rose for a second straight month in July, easing some pessimism over capital expenditure, but worries remain that weak demand and the yen's gains will discourage companies from boosting investment. Prime Minister Shinzo Abe's government has been...

  • TOKYO, Sept 12- Japan's core machinery orders unexpectedly rose for a second straight month in July from the previous month, the Cabinet Office said on Monday, growing by 4.9 percent in a sign of a tentative pickup in capital expenditures. The rise in core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine...

  • *Core machinery orders, CGPI due at 2350 GMT on Sunday. TOKYO, Sept 9- Japan's machinery orders were expected to fall in July for the first time in two months, a Reuters poll found, suggesting companies were cautious about capital spending because of a strong yen and weak demand for Japanese products. "Firms' sentiment for investment has become cautious because of the...

  • Shares of Deere were up 12.8 percent at $86.75 in late afternoon trading after the company reported better-than-expected second-quarter results. Deere officials said they are relying on cost cutting, not a rebound in demand, to deliver fiscal-year earnings of $1.35 billion, up from the previous forecast of $1.2 billion. Deere has put about 2,000 employees in...

  • LONDON, Aug 16- European shares pulled back from seven-week highs on Tuesday, weighed down by industrial stocks, after Swiss firm Schindler lowered its outlook for 2016.. The STOXX Europe 600 index fell 0.8 percent, slipping back from its highest level since the "Brexit" vote in late June that saw Britain vote to leave the European Union, with the index still down 6...

  • LONDON, Aug 16- European shares pulled back from 7- week highs on Tuesday, weighed down by industrial stocks, after Swiss firm Schindler lowered its outlook for 2016.. While it closed flat on Monday, it had touched its highest level since Britain voted in June to leave the European Union. Schindler Holding AG fell 4.3 percent, the biggest faller on the index after it...

  • Representatives for Danbury, Connecticut- based Praxair and Munich, Germany- based Linde could not be immediately reached for comment. The deal would represent a serious challenge to France's Air Liquide, which acquired U.S. peer Airgas Inc earlier this year for $10.3 billion in a bid to expand into the United States, the largest market for industrial gasses.

  • MELBOURNE, Aug 2- London copper was stuck in the summer doldrums on Tuesday after a glimmer of an improvement at smaller Chinese factories in July was offset by modest reports on global manufacturing elsewhere, dampening optimism over demand. Growth eased in the euro zone last month, with factories in China, Japan and elsewhere in Asia offering only crumbs of...

  • TOKYO, Aug 2- Japan's Nikkei share average slipped on Tuesday with a slide in crude oil prices denting investor risk sentiment, while financials fell after two days of large gains. ISM data out overnight was not all that encouraging, and lower oil is prompting a bit of risk aversion, "said Chihiro Ohta, general manager of investment research and investor services at...

  • *Brexit may cause Japan Inc to be more wary of capex. TOKYO, July 11- Japan's machinery orders fell unexpectedly in May as a strong yen and weak demand eroded corporate profits and spending plans, a sign the economy is struggling to attract the investment it needs to sustain growth. Core orders, which exclude those of ships and electricity, stood at 785 billion yen, the...

  • *Brexit may cause Japan Inc to be more wary of capex. TOKYO, July 11- Japan's core machinery orders unexpectedly fell for a second straight month in May as the strong yen and weak demand weighed on corporate profits and spending, pointing to a tepid recovery in the business investment needed for sustainable growth. Weak capital expenditure puts extra pressure on...

  • *Brexit may cause Japan Inc to be more wary of capex. TOKYO, July 11- Japan's core machinery orders unexpectedly fell for a second straight month in May as the strong yen and weak demand weighed on corporate profits and spending, pointing to a tepid recovery in the business investment needed for sustainable growth. Weak capital expenditure puts extra pressure on...

  • TOKYO, July 11- Japan's core machinery orders unexpectedly fell 1.4 percent in May from the previous month, down for a second straight month, government data showed on Monday, in a worrying sign capital spending may struggle to recover. The fall in core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine...

  • TOKYO, July 8- Japan's machinery orders were expected to rebound only modestly in May, a Reuters poll found, as a strong yen and weak overseas demand clouded the outlook for capital investment. "Firms' capital spending is expected to stay solid over the medium term due to the need to upgrade ageing facilities, special demand from the Tokyo Olympics, and inbound...

  • PARIS/ NEW YORK, June 17- Boeing is introducing a faster layer of automation into its 737 factory, adding a new robotic system to drill holes in the main beams inside each wing known as spars, industry sources said. Last year, Boeing started using an automated system known as the Panel Assembly Line to drill holes and install fasteners in wing panels of 737 jets at its...

  • BRUSSELS, June 16- The European Union agreed an outline deal late on Wednesday on a law to clean up the commodities supply chain to stem the use of gold and other metals from conflict zones. Members of the European Parliament and European Commission officials who brokered the deal said it would improve the lives of those living in conflict zones and marked a shift...