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Construction and Farm Machinery

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  • *Shanghai volume robust, new A-share accounts last week at 2- mth high. HONG KONG, May 29- China shares are headed for a fourth-straight daily gain in robust bourse volumes on Wednesday, powered by strength in the real estate and auto sectors that is helping mainland markets outperform Hong Kong.

  • Hong Kong shares may have third straight day of gains Tuesday, 28 May 2013 | 9:13 PM ET

    HONG KONG, May 29- Hong Kong shares could climb on Wednesday for a third straight day, after sturdy U.S. On Tuesday, the Hang Seng Index closed up 1.1 percent at 22,924.3 while the China Enterprises Index of the top Chinese listings in Hong Kong climbed 1.6 percent.

  • *HSBC flash PMI dips to 7- month low on weak demand. BEIJING, May 23- China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has stalled and that a sharper cooldown may be imminent.

  • Trouble on American Farms: 'We Face a Grim Future' Monday, 20 May 2013 | 10:24 AM ET
    Farmer Bill Maupin verifies that his equipment is dropping seeds at the appropriate depth as he plants a cornfield outside Henry, Ill.

    Worried about a possible economic bust in agriculture like that of the 1980s, farmers talk about their growing fears.

  • Next Group That May Be Slammed by Debt: Farmers Thursday, 16 May 2013 | 10:36 AM ET

    It would take a perfect storm, but there are worries the current economic boom for farmers could turn into a bust. The issue is how much debt farmers take on.

  • *Q1 mining orders down 30 pct for Sandvik, 18 pct for Metso. STOCKHOLM/ HELSINKI, April 23- A drop in orders for Nordic engineering firms Sandvik and Metso added to signs on Tuesday that mining companies are cutting back spending as commodity prices slide.

  • Volumes stay weak as beta plays slide after weak China Q1 GDP. HONG KONG, April 15- China shares posted their worst loss in more than two weeks on Monday, while Hong Kong nearly erased most of last week's gains after weaker-than-expected China GDP data aggravated the gloom from several Chinese corporate profit warnings.

  • *China March industrial output +8.9 pct y/y vs 10.0 pct in Reuters poll. *China March retail sales +12.6 pct y/y vs 12.5 pct in Reuters poll. "This number may well explain why there was so much liquidity support in Q1," Tim Condon, head of Asian economic research at ING in Singapore, told Reuters.

  • *China property A-shares up, tightening worry eases after GDP. HONG KONG, April 15- Hong Kong and China shares extended losses on Monday after Beijing released first quarter GDP growth data that came in weaker than expected, adding to the gloom after several Chinese companies had warned of declining profits.

  • Hong Kong shares may open steady ahead of China GDP Sunday, 14 Apr 2013 | 9:10 PM ET

    HONG KONG, April 15- Hong Kong shares could post a softer start on Monday after weak U.S. data last Friday and ahead of China's first quarter GDP data due shortly after market open. Elsewhere in Asia, Japan's Nikkei was down 0.8 percent, while South Korea's KOSPI was down 0.6 percent at 0058 GMT.

  • Japan's Nikkei slips on Cyprus bailout worries Monday, 25 Mar 2013 | 9:12 PM ET

    TOKYO, March 26- Japan's Nikkei average slipped on Tuesday after a senior euro zone official said the Cyprus rescue could be a new template to deal with other banking problems in the region.

  • *Analysts worry about Europe under-pricing. Feb 13- Deere& Co, the world's largest farm equipment maker, forecast a modest increase in sales for the year, disappointing investors who thought the prospect of a record U.S. corn crop would have meant better results. Deere cut its forecast for corn prices in 2013 to $5.25 per bushel from its earlier projection of $6.00.

  • Deere Earnings Beat Estimates on Strong Demand Wednesday, 13 Feb 2013 | 8:58 AM ET
    John Deere Hybrid Tractor

    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.

  • *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.

  • UPDATE 1-Deere results beat estimates on strong demand Wednesday, 13 Feb 2013 | 7:46 AM ET

    *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.

  • *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.

  • India's Investment Malaise Thwarting Economic Rebound Tuesday, 12 Feb 2013 | 6:36 PM ET

    Being a big wheel in the earth mover business, Vipin Sondhi has a very clear idea why the Indian economy is stuck in the mud and what the government must do to change the mindset of business executives, like himself.

  • BALLABGARH, India, Feb 13- Being a big wheel in the earth mover business, Vipin Sondhi has a very clear idea why the Indian economy is stuck in the mud and what the government must do to change the mindset of business executives, like himself, who are too wary to invest.

  • *Risks overlooked at multinationals in China, experts say. NEW YORK/ HONG KONG, Feb 10- Tales of shady business practices abound in China- fake revenues, phony invoices, sham factories- but until recently, the problem seemed confined mostly to Chinese companies.

  • *Apple suppliers mostly recover after hit from iPhone sales. The Nikkei is down 2.68 percent so far this week, on track to snap a 10- week winning streak that was its longest string of weekly gains since 1987. The market started with a soft tone on Thursday, weighed down by Japanese suppliers to Apple Inc that fell on disappointing iPhone sales figures.

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