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Machinery Construction and Farm Machinery

  • *Factory activity expands in October, but orders slow. WASHINGTON, Nov 1- U.S. factory activity increased for a second straight month in October amid a pickup in production and hiring, supporting views manufacturing would regain some momentum in the fourth quarter. The Institute for Supply Management on Tuesday said its index of national factory activity rose...

  • CHICAGO, Nov 1- Engine maker Cummins Inc on Tuesday reported a lower quarterly profit as revenue was hit by weak heavy-duty truck production in North America and poor global demand for power generation equipment. "Due to the slow pace of growth in the global economy, we continue to face weak demand in a number of our most important markets," Cummins Chief Executive...

  • *China Oct factory activity strongest since July 2014. BEIJING, Nov 1- Activity in China's manufacturing sector expanded at the fastest pace in over two years in October thanks to a construction boom, with smaller firms growing more upbeat, suggesting the world's second-largest economy is stabilising and getting on steadier footing. Much of China's...

  • *Sept output 0.0 pct vs forecast +1.0 pct. TOKYO, Oct 31- Japan's industrial output stalled in September in a worrying sign that the economy, already struggling to mount a sure-footed recovery, may be losing some momentum due to weak consumer spending and exports. That compares with the median estimate in a Reuters poll of a 1.0 percent increase and followed a 1.3...

  • TOKYO, Oct 31- Japan's industrial output stalled in September in a worrying sign that the economy, already struggling to mount a sure-footed recovery, may be losing some momentum due to weak consumer spending and exports. That compares with the median estimate in a Reuters poll of a 1.0 percent increase and followed a 1.3 percent increase in August, data by the...

  • *Sept output 0.0 pct vs forecast +1.0 pct. TOKYO, Oct 31- Japan's industrial output stalled in September in a worrying sign that the economy may be losing some momentum due to weak consumer spending and exports. That compares with the median estimate in a Reuters poll of a 1.0 percent increase and followed a 1.3 percent increase in August, data by the Ministry of...

  • WASHINGTON, Oct 27- New orders for U.S. manufactured capital goods unexpectedly fell in September amid weak demand for computers and electronic products, which could temper expectations for an acceleration in business spending in the fourth quarter. The service industries continue to drive economic growth, that will probably remain the case through the...

  • The world's largest construction and mining equipment maker posted a third-quarter profit of $283 million, or 48 cents per share, down from a revised $559 million, or 94 cents per share, a year earlier. Excluding restructuring costs, earnings per share came to 85 cents, exceeding analysts' estimates of 76 cents. Revenue fell to $9.2 billion from about $11 billion.

  • CHICAGO, Oct 17- Caterpillar Inc insider Jim Umpleby will become chief executive of the heavy equipment maker on Jan. 1, faced with the challenge of reversing a multiyear sales decline triggered by the global commodities slump. He replaces Doug Oberhleman, who will retire as CEO on Dec. 31 but stay on as executive board chairman until March 31, the company said on...

  • CHICAGO, Oct 17- Caterpillar insider Jim Umpleby will became chief executive of the heavy equipment maker on Jan. 1, faced with the challenge of reversing a multiyear sales decline triggered by the global commodities slump. He replaces Doug Oberhleman, who retires as CEO on Dec. 31, but who stays on as executive board chairman until March 31, the company said on...

  • *Belgian PM ally says vote makes Wallonia "Cuba of Europe". NAMUR, Belgium, Oct 14- The Belgian fortress city of Namur, besieged by European armies down the centuries, issued a declaration of war on the global economic order on Friday with a vote to reject a planned EU-Canada free trade agreement. The parliament of the region of Wallonia voted in its seat at Namur after a...

  • NAMUR, Belgium, Oct 14- The Belgian fortress city of Namur, besieged by European armies down the centuries, issued a declaration of war on the global economic order on Friday with a vote to reject a planned EU-Canada free trade agreement. The parliaments of the French-speaking region of Wallonia, which voted in its seat at Namur after that of the Brussels capital...

  • SEOUL, Oct 10- South Korea's Doosan Bobcat Inc on Monday cancelled plans for an up to 2.45 trillion won initial public offering after the valuation fell short of its targets, and is expected to relaunch a smaller IPO within days. The construction equipment maker would submit a new IPO plan with a view to listing as soon as next month, a spokesman for parent company...

  • A spokesman said flights had resumed in Miami on Friday morning as the storm moved north. Delta Air Lines Inc canceled 240 flights for Friday, and 80 for Saturday for northeastern Florida, coastal Georgia and South Carolina. Ports in Florida and up the coast, including Savannah, Georgia, and Charleston, South Carolina, also suspended operations.

  • Where everything is imported, but not the frogs

    In Singapore, 90 percent of food is imported, but the city-state's one and only frog farm is thriving.

  • Farming for the future

    CNBC's Aditi Roy reports from Salinas, California on the intersection of cutting-edge technology and agriculture.

  • The problems facing French producers

    Michel Portier, head of Agritel, talks about problems with wheat prices that are affecting French farmers and food producers.

  • CAT CEO: Vehemently in favor of trade

    Doug Oberhelman, Caterpillar CEO, says the company would like to see an increase in infrastructure around the world and shares his thoughts on whether political rhetoric will impact trade.

  • CAT will get 'leaner and meaner': CEO

    Doug Oberhelman, Caterpillar CEO, breaks down the company's second quarter results which beat expectations while navigating a difficult market environment.

  • Non-GMO corn is harvested with a John Deere & Co. 9670 STS combine harvester in this aerial photograph taken above Malden, Illinois.

    Even with some crop prices trending higher, the worst of the agricultural downturn may be far from over for Deere.