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Capital Goods Industrial Traders and Distributors

  • WASHINGTON, Feb 28- The U.S. economy expanded at a slower pace in the fourth quarter, as previously reported, and appeared to remain on a moderate growth path as President Donald Trump took office with a promise to reinvigorate manufacturing and protect jobs. He is expected to outline part of his program in a speech to Congress on Tuesday night.

  • Net income attributable to McKesson was $633 million, or $2.85 per share, in the third quarter ended Dec. 31, from $634 million, or $2.73 per share, a year earlier. Revenue rose to $50.13 billion from about $47.90 billion, compared with estimates of about $50.50 billion. McKesson said on Wednesday it expects adjusted earnings from continuing operations of $12.60-...

  • Oct 17- Pfizer Inc said on Monday it plans to begin shipping its biosimilar version of Johnson& Johnson's blockbuster rheumatoid arthritis drug Remicade in late November at a 15 percent discount to current wholesale prices. The Pfizer drug, to be sold under the name Inflectra, is already available in Europe and other overseas markets and would be the second...

  • Industrial production down 0.4% in August

    CNBC's Rick Santelli reports the latest industrial production data.

  • Two employees tie up steel bars at a steel-making plant in Ganyu, China.

    Profits earned by Chinese industrial companies fell 4.6 percent in October from a year earlier, data from the statistics bureau showed on Friday.

  • Tourists wear masks as a precaution against the MERS virus at the Incheon International Airport in South Korea.

    South Korea's industrial output declined sharply with production losses across key automobile, semiconductor and machinery sectors.