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Capital Goods Machinery

  • Less discounting during the quarter, especially on agricultural machinery, contributed to higher pricing, Tony Huegel, director of investor relations said during the conference call. "It was all kind of internal- either pricing or cost cutting," said Jefferies analyst Stephen Volkmann. The company also saw fiscal 2017 net income declining to about $1.4 billion,...

  • WASHINGTON, Nov 23- New orders for U.S. manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment, the latest indication of an acceleration in economic growth early in the fourth quarter. The brightening economic outlook received a further boost from other data on Wednesday showing a jump in consumer...

  • WASHINGTON, Nov 23- New orders for U.S. manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment, the latest indication of an acceleration in economic growth early in the fourth quarter. The brightening economic outlook received a further boost from other data on Wednesday showing a jump in consumer...

  • WASHINGTON, Nov 23- New orders for U.S. manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment, pointing to a tentative pickup in business investment. The Commerce Department said non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, rose 0.4...

  • WASHINGTON, Nov 23- New orders for U.S. manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment, the latest indication of an acceleration in economic growth early in the fourth quarter. The Commerce Department said on Wednesday that non-defense capital goods orders excluding aircraft, a closely...

  • PARIS, Nov 18- French car parts maker Plastic Omnium has received a binding offer from German group Mutares for its heavy duty truck business, the companies said on Friday. The business, which entails designing and manufacturing the body and structural parts for the heavy duty truck industry, employs more than 1,500 people and had 2015 sales of 190 million euros.

  • *Manufacturing output increases 0.2 percent in October. WASHINGTON, Nov 16- U.S. manufacturing output increased for a second straight month in October amid gains in the production of motor vehicles and a range of other goods, suggesting that the battered factory sector was slowly recovering. "With the global economic backdrop more stable and growth set to pick...

  • MILAN, Nov 15- European shares steadied on Tuesday as a rebound in utilities and crude prices was offset by sharp falls among mining stocks, while telecoms equipment maker Nokia slumped after a disappointing earnings outlook update. Hopes of huge fiscal stimulus in the U.S. under Donald Trump's administration have fueled a rally in bond yields and rate hike...

  • *Sept core machinery orders -3.3 pct vs f'cast -0.8 pct. *Capex considered essential to higher economic growth. TOKYO, Nov 10- Japan's core machinery orders fell more than expected in September and the outlook pointed to more weakness, suggesting the economy may underperform as businesses show reluctance to invest amid sluggish demand at home and abroad.

  • *Sept core machinery orders -3.3 pct vs f'cast -0.8 pct. TOKYO, Nov 10- Japan's core machinery orders fell more than expected in September, Cabinet Office data showed on Thursday, in a sign of fragility in capital expenditure seen as vital for fostering sustainable economic growth. Prime Minister Shinzo Abe's government has been counting on capital expenditure...

  • MARRAKESH, Morocco/ CHICAGO, Nov 9- The prospect of an abrupt shift in U.S. climate policy under President-elect Donald Trump lifted the shares of U.S. mining equipment giant Caterpillar Inc, North American railroads and other companies tied to fossil fuels, and slammed shares of renewable energy firms. His victory caused dismay at a climate policy conference in...

  • Nov 9- The election of Republican Donald Trump as U.S. president put new pressure on automakers and other manufacturers that have come to depend on open trade with Mexico, and lifted shares of companies that could gain if the new administration boosts infrastructure spending and eases curbs on coal. However, shares of U.S. automakers, which rely heavily on parts...

  • Nov 9- The election of Republican Donald Trump as U.S. president puts new pressure on automakers and other manufacturers that have come to depend on open trade with Mexico and now face the risk of higher costs. However, shares of U.S. automakers, which rely heavily on parts and vehicles made in Mexico to feed their U.S. manufacturing and sales operations, fell on...

  • Nov 9- The election of Donald Trump as U.S. president puts new pressure on automakers and other manufacturers that have become dependent on open trade with Mexico, and raises the risk they will face higher costs. Shares in Japanese automakers, which also rely on Mexico as a production hub for the U.S. market, slid as well, underperforming the benchmark Nikkei index,...

  • Nov 9- The election of Donald Trump as U.S. president puts new pressure on automakers and other manufacturers that have become dependent on open trade with Mexico, and raises the risk they will face higher costs. Shares in Japanese automakers, which also rely on Mexico as a production hub for the U.S. market, slid as well, underperforming the benchmark Nikkei index,...

  • WASHINGTON, Nov 1- U.S. factory activity increased for a second straight month in October amid a pickup in production and hiring, supporting views that the embattled manufacturing sector would regain some momentum in the fourth quarter. Manufacturing has suffered a prolonged slump in the aftermath of the dollar's surge between June 2014 and December 2015,...

  • *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...

  • 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...

  • 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 Commerce Department said non-defense capital goods orders excluding aircraft, a closely watched proxy...