×

Industrials Capital Goods

  • Feb 24- Buyout firm KKR& Co LP is preparing an initial public offering of Gardner Denver Inc that could value the U.S. industrial machinery maker at between $6 billion and $7 billion including debt, according to people familiar with the matter. Gardner Denver may register its IPO with the U.S. Securities and Exchange Commission as early as next week, the people said...

  • Feb 23- Newly promoted to CEO at Nissan Motor, Hiroto Saikawa will bring a gruff, tough, no-nonsense approach to leading Japan's second-biggest car maker at a time of rapid technological change in the industry. The 63- year-old takes over in April from Carlos Ghosn, who engineered Nissan's recovery from years of losses and debt through broad cost-cutting and...

  • BIRMINGHAM, England, Feb 9- In a small factory in a suburb of Birmingham in central England, family-owned Brandauer manufactures a tiny metal component used in the control panel of a car airbag. From raw material to electrical connector pin in the airbag of a finished car, it will travel between Britain and the European continent as many as five times during the...

  • *Dec core orders +6.7 pct m/m vs forecast +3.1 pct. TOKYO, Feb 9- Japan's core machinery orders rebounded more than expected in December from the prior month's fall and are seen rising again this quarter- an encouraging sign of a pick-up in capital expenditure. "Capital expenditure is picking up due to a recovery in exports, and it will gather momentum in the coming...

  • *Dec core orders +6.7 pct m/m vs forecast +3.1 pct. *Core orders +6.7 pct yr/yr vs forecast +4.6 pct. TOKYO, Feb 9- Japan's core machinery orders rebounded more than expected in December from the prior month's fall and are seen rising again this quarter- an encouraging sign of a pickup in capital expenditure.

  • TOKYO, Feb 9- Japan's core machinery orders rose 6.7 percent in December from the previous month, swinging from the prior month's decline, in a tentative sign of pickup in capital expenditure, government data showed on Thursday. The rise in the core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months,...

  • *Data shows China exceeded targets for reducing 2016 output. BEIJING/ SHANGHAI, Jan 19- The new year has ushered in a new round of capacity cuts as China tries to combat excess in its bloated steel and coal sectors, but the moves are a drop in the ocean in the nation's long struggle to make its heavy industry more efficient. For years, Beijing has been seeking to cut the...

  • *Nov core orders -5.1 pct m/m vs forecast -1.7 pct. TOKYO, Jan 16- Japan's core machinery orders fell in November at the fastest pace in seven months in a sign that some companies may be turning cautious about capital expenditure because of uncertainty over domestic and overseas demand for goods and services. President-elect Donald Trump may adopt...

  • TOKYO, Jan 16- Japan's core machinery orders fell 5.1 percent in November from the previous month in a sign companies could turn cautious on capital expenditure, government data showed on Monday. The fall in core orders, a highly volatile data series regarded as an indicator of capital expenditure in the coming six to nine months, compared with economists' median...

  • TOKYO, Jan 16- Japan's core machinery orders fell 5.1 percent in November from the previous month in a sign could turn cautious on capital expenditure, government data showed on Monday. The fall in core orders, a highly volatile data series regarded as an indicator of capital expenditure in the coming six to nine months, compared with economists' median estimate...

  • TOKYO, Jan 13- A Reuters poll on Friday found Japan's machinery orders were expected to fall in November, the first decline in two months, suggesting firms remain cautious about capital spending. "The yen has weakened rapidly following the presidential election in the United States, but manufacturers will likely keep their wait-and-see stance because of...

  • MEXICO CITY, Jan 10- Mexico's oil company, Pemex, is struggling to supply gas stations around the northern border city of Mexicali because of a blockade at a storage site, part of sometimes violent protests and looting over a gasoline price hike. In a post on Twitter on Tuesday afternoon, Pemex said its ability to supply gas stations in Mexicali, across the border...

  • MEXICO CITY, Jan 10- Mexico's oil company, Pemex, is struggling to supply gas stations around the northern border city of Mexicali because of a blockade at a storage site, part of sometimes violent protests and looting over a gasoline price hike. In a post on Twitter on Tuesday afternoon, Pemex said its ability to supply gas stations in Mexicali, across the border...

  • MEXICO CITY, Jan 10- Mexico's oil company, Pemex, is struggling to supply gas stations around the northern border city of Mexicali because of a blockade at a storage site, part of a wave of sometimes violent protests and looting over a gasoline price hike. In a post on its Twitter page, Pemex said its ability to supply gas stations in Mexicali, just across the border...

  • SAN LUIS POTOSI, Mexico, Jan 6- Ford Motor Co's abrupt move to scrap a planned $1.6 billion car plant in central Mexico has spooked a network of suppliers who bet on a growing customer base and dramatized the risk that Donald Trump's agenda poses to the country's broader economy. Many auto parts makers had started to expand in anticipation of Ford's plant in the...

  • SAN LUIS POTOSI, Mexico, Jan 6- Ford Motor Co's abrupt move to scrap a planned $1.6 billion car plant in central Mexico has spooked a network of suppliers who bet on a growing customer base and dramatized the risk that Donald Trump's agenda poses to the country's broader economy. Many auto parts makers had started to expand in anticipation of Ford's plant in the...

  • WASHINGTON, Jan 3- U.S. factory activity accelerated to a two-year high in December amid a surge in new orders and rapidly rising raw material prices, indicating that some of the drag on manufacturing from prolonged dollar strength and a slump in oil prices was fading. It appears that President Obama will be leaving his successor with a pretty good economy, "said...

  • Dec 29- After years of running flat out, U.S. Gulf Coast refiners are lining up repairs to plants in 2017- but facing a severe labor shortage that could delay work, drive up costs and raise accident risks. "Putting off work definitely affects the safety of the refinery," said Ed Lee, an independent refinery safety consultant who worked at Royal Dutch Shell for three...

  • *Lonza to increase equity capital by up to 3.3 bln Sfr. Dec 15- Lonza Group AG announced its biggest ever acquisition on Thursday with a deal to buy Capsugel, a U.S. maker of capsule products and other drug delivery systems, for $5.5 billion in cash to broaden its product range as a pharmaceuticals industry supplier. The Swiss company's shares fell by over 7 percent on...

  • *Oct core orders +4.1 pct m/m vs forecast +1.0 pct. TOKYO, Dec 12- Japan's October core machinery orders rose for the first time in three months to beat expectations, government data showed- a tentative sign of a pickup in capital expenditure. "Machinery orders are basically flat but picking up slightly," said Takeshi Minami, chief economist at Norinchukin Research...