Machinery
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Deere, the world's largest farm equipment maker, reported first-quarter results above analysts' expectations as farmers geared up to plant the biggest corn crop in U.S. history.
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*First-quarter EPS $1.65 vs $1.40 est. Feb 13- Deere& Co, the world's largest farm equipment maker, reported first-quarter results above analysts' expectations as farmers geared up to plant the biggest corn crop in U.S. history following the worst drought in the U.S.
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*First-quarter EPS $1.65 vs $1.40 est. Feb 13- Deere& Co, the world's largest farm equipment maker, reported first-quarter results above analysts' expectations as farmers geared up to plant the largest corn crop in U.S. history following the worst drought in the U.S.
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*First-quarter EPS $1.65 vs $1.40 est. Moline, Illinois- based Deere raised its forecast for net income in the year ending October 2013 to $3.3 billion from $3.2 billion, catching up with Wall Street's expectations. The company's sales of agricultural equipment in the United States and Canada would grow by no more than 5 percent this year, it said in a statement.
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*Komatsu cuts annual operating profit forecast by 12 pct. TOKYO, Jan 29- Japan's Komatsu Ltd, the world's second-biggest maker of construction machinery, cut its annual profit for a second time as demand for mining equipment in Indonesia tumbled on the back of steep declines in thermal coal prices.
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*S&P 500 coming off eight straight sessions of gains. *Dow down 0.1 pct, S&P 500 down 0.2 pct, Nasdaq up 0.2 pct. NEW YORK, Jan 28- U.S. stocks edged lower on Monday, with investors reluctant to make big bets following an extended equity rally, though an outlook from heavy equipment maker Caterpillar eased investor fears about a slowdown in China.
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HONG KONG, Jan 24- A Chinese mining equipment company at the centre of an alleged accounting fraud was also involved in a web of insider loans and asset transfers prior to its purchase by Caterpillar Inc., public filings show.
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Japan's core machinery orders rose for a second straight month in November in a sign that companies may gradually increase capital spending, but uncertainty over the global economy could continue to pressure the Bank of Japan to ease policy.
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Dec 20- U.S. diversified manufacturer Crane Co said it will buy MEI Conlux Holdings and its Japanese affiliate for about $820 million from Bain Capital and Advantage Partners to deepen its footprint in the payment solutions segment.
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Dec 20- U.S. diversified manufacturer Crane Co said it will buy MEI Conlux Holdings and its Japanese affiliate for about $820 million from Bain Capital and Advantage Partners.
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*Slump could pressure PICC Group debut on Friday. HONG KONG, Dec 5- Shares in Zhengzhou Coal Mining Machinery slid in their first day of Hong Kong trade after underwriters of the $300 million offering were stuck in the rare position of holding unsold stock, underscoring poor demand that bodes ill for Chinese insurer PICC's bigger debut on Friday.
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CNBC.com spoke with human resource experts to find out the five tell-tale signs that you may need to update your resume.
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Asia could face the threat of inflation in the second half of the year as economies begin to expand again, according to Frederic Neumann, Co-head of Asian Economic Research at HSBC Bank.
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Copper prices have bottomed out and should be on their way up, according to the CEO of Minmetals Resources.
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Despite the perception about a lack of work, there are jobs that employers can’t fill. Applicants may lack training, or the jobs may not pay enough. Whatever the reason, jobs in many major sectors going unfilled.
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It could be, but Cramer thinks a few things need to happen first.
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Caterpillar, the world’s largest manufacturer of heavy machinery, is sticking to its full-year sales projections for China despite signs of a slowdown in the second quarter.
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To determine whether this stock is a buy, Cramer looks at 3M's long-term plans.
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The "Fast Money" traders highlight U.S. companies benefiting from pricing power that comes with a weak U.S. dollar.
