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Industrials Capital Goods

  • NEW YORK, April 27- Private equity firm KKR& Co LP posted better-than-expected earnings on Thursday as a jump in income on the back of higher investment returns lifted the bottom line. New York- based KKR said it had earned economic net income of $549.9 million after taxes in the first quarter, compared to a loss of $553 million a year ago. Indeed, KKR said its...

  • TOKYO, April 12- Japan's core machinery orders rose 1.5 percent in February from the previous month, government data showed on Wednesday, underscoring a gradual pick-up in capital expenditure. The rise in the core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, was below the 2.7 percent gain...

  • As President Trump faces pressure to deliver on his promise to revive manufacturing in the northern "rust belt" states that put him in the White House, his biggest challenge may not be Mexico or China, but the southern U.S. states that form the other pillar of his political base. States like Alabama have built a presence in the global supply chain in direct...

  • As President Trump faces pressure to deliver on his promise to revive manufacturing in the northern "rust belt" states that put him in the White House, his biggest challenge may not be Mexico or China, but the southern U.S. states that form the other pillar of his political base. States like Alabama have built a presence in the global supply chain in direct...

  • The logo of Swiss agrochemicals maker Syngenta adorns it's plant in Muenchwilen, Switzerland.

    U.S. regulators have given tentative approval to a Chinese conglomerate's proposed $43 billion acquisition of Swiss agribusiness giant Syngenta.

  • Midcap Partners' analyst Gilbert Ferrand, who has a "neutral" rating on the stock, said the company's guidance for a drop in revenue this year had taken some analysts by surprise. Chief Executive Yannick Assouad told Reuters by telephone that the decrease in business would be felt in the companys aerostructures segment in the second half of 2017 due to decreasing...

  • March 27- French aerospace equipment maker Latecoere expects recurring operating profits to grow in 2017, as restructuring measures offset an overall decrease in its business. The company said on Monday that it expected business to decline by around six percent in 2017, but nevertheless predicted a slight increase in recurring operating profits.

  • SEATTLE, March 24- A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers like Boeing Co and the thousands of smaller companies that supply them, according to suppliers and tax and trade experts. Aerospace components often zigzag through multiple countries and companies before reaching Boeing's...

  • *BOJ seen keeping policy steady at two-day meeting, March 15-16. TOKYO, March 13- Japan's core machinery orders unexpectedly fell in January from the previous month and dipped the most in five months, adding to worries about whether recent signs of economic recovery will be sustainable. I am somewhat worried, but machinery orders are volatile so it's necessary to...

  • *BOJ seen keeping policy steady at two-day meeting, March 15-16. TOKYO, March 13- Japan's core machinery orders unexpectedly fell in January from the previous month and dipped the most in five months, adding to worries about whether recent signs of economic recovery will be sustainable. I am somewhat worried, but machinery orders are volatile so it's necessary to...

  • *Jan core orders -3.2 pct m/m vs forecast +0.5 pct. *BOJ seen keeping policy steady at two-day meeting, March 15-16. TOKYO, March 13- Japan's core machinery orders unexpectedly fell in January from the previous month, highlighting that the country's economic recovery remains fragile.

  • TOKYO, March 13- Japan's core machinery orders fell 3.2 percent in January from the previous month, government data showed on Monday. The fall in core orders, a highly volatile data series regarded as an indicator of capital expenditure in the coming six to nine months, compared with economists' median estimate of a 0.5 percent increase. Compared with a year...

  • *Brexit reshaping Britain's housebuilding industry. March 9- The prospect of Brexit choking off the supply of EU workers is reshaping Britain's homebuilding industry, with big companies increasingly looking to factory-manufacture houses in sections that can be slotted together on-site with minimal labor. Many of Britain's leading housebuilders,...

  • MELBOURNE, March 9- The rise of wind and solar power in Australia was supposed to be the death knell for coal use in the world's biggest exporter of the fossil fuel, but the shunned fuel is finding a new lease of life and may yet attract subsidies to keep the lights on. Supplies are set to tighten with France's Engie SA closing Australia's dirtiest power station,...

  • Feb 24- Buyout firm KKR& Co LP is preparing an initial public offering of Gardner Denver Inc that could value the U.S. industrial machinery maker at between $6 billion and $7 billion including debt, according to people familiar with the matter. Gardner Denver may register its IPO with the U.S. Securities and Exchange Commission as early as next week, the people said...

  • Feb 23- Newly promoted to CEO at Nissan Motor, Hiroto Saikawa will bring a gruff, tough, no-nonsense approach to leading Japan's second-biggest car maker at a time of rapid technological change in the industry. The 63- year-old takes over in April from Carlos Ghosn, who engineered Nissan's recovery from years of losses and debt through broad cost-cutting and...

  • India set out the structure of its long-awaited GST, but economists are divided on whether opting for multiple rates is a winner or not.

  • Taylor Swift

    Taylor Swift Inc. takes a new turn this week, and instead of hacking, she's now putting copyright on her favorite phrases.

  • United States Post Office package delivery

    In anticipation for double digit package growth, the Postal Service is expanding delivery services.

  • Sprint Nextel Corp and Japan's SoftBank Corp have reached an agreement with U.S. authorities on the national security aspects of the Japanese firm's pending $20.1 billion deal to win control of the U.S. wireless carrier.