First Quantum Minerals Limited offered USD 4.9 billion to acquire Inmet Mining Corporation a bold declaration from one of Canada's largest copper miners that the commodities supercycle has room to run. Inmet rejected the bid describing it ...
Tags: jobs in mining, copper mining news, mining gold, price for gold
The results of the quarterly Manufacturers Alliance for Productivity and Innovation(MAPI)Survey on the Business Outlook indicate slowing growth for U.S.manufacturing over the next three to six months.But despite posting a 5 percentage point ...
Tags: MAPI, Business Outlook, U.S.manufacturing
Copper supply shortages will extend into the first half of next year as an accelerating Chinese economy more than doubles the pace of growth in global consumption even as mines extract a record amount of metal. According to the ...
Tags: copper, supply shortage, metal, mines extract, slowing growth
Overcapacity, a decline in pricing as well as slowing growth in key worldwide markets will serve to keep the global market for solar modules depressed for the rest of the year, with recovery not expected until well in the second half of ...
Tags: solar module prices, signs of recovery, IHS
Lenovo said Thursday its net profit for the fiscal second quarter increased by only 13% year-over-year, marking a shift from the high profit growth the company has previously seen. For the fiscal second quarter ending on Sept. 30, ...
Tags: Lenovo, PC, smartphones, laptops
(Reuters) - China's economy offered more evidence of a seventh straight quarter of slowing growth on Monday, with an official survey of factory managers remaining in contractionary territory for a second successive month despite improving ...
Tags: Market View, Fasteners
According to the recently released Strategy Analytics and Compound Semiconductor Technologies Service(GaAs)Forecast and Outlook'GaAs Industry Forecast:2011-2016',the overall gallium arsenide device market grew by 6%to a record$5.2bn in ...
Tags: Strategy Analytics, GaAs device, GaAs, STP
Computer giant HP has chalked up a $8.9bn HP has chalked up a $8.9bn (£5.6bn) loss(£5.6bn) loss in it is latest quarterly results due to write-downs on its poorly timed $13.9bn (£8.75bn) purchase of services company EDS. ...
Tags: Computer, HP, PC, server, storage hardware
China Automobile Trading Co., Ltd., an affiliate of SINOMACH, recently released the “Annual Report on China’s Imported Automobile Market 2011” and offered in-depth professional analysis of the status of China’s ...
Tags: industry trends, Automobile
Industrial production accelerated in January, indicating manufacturing will remain at the forefront of the U. S. Economic expansion. Output (IPMGCHNG) at factories, mines and utilities rose 0.7 percent, the biggest gain in six months, ...
Tags: market view, heavy equipment
Machinery stocks may outperform the market through the end of the year as new orders rebound, helping to defy concerns about another U. S. Recession. American manufacturers booked $32.6 billion in new orders for machinery equipment in ...
Tags: industry trends, Machinery
RUBBER declined amid speculation that slowing growth in Asian economies and Europe’s sovereign- debt crisis may weaken demand for the commodity used in tyres. The February-delivery contract fell as much as 1.6 percent to 359.1 yen a ...
Tags: market view, Rubber
Since its inception, the MBI has been computed from results of shops that specifically signed up to fill out the survey. Starting with October, the MBI now goes out to a larger, random group of shops that are subscribers to Modern Machine ...
Tags: News Update, Industry Trends, Metallic Processing Machinery