The past week has been rough on industrial stocks. They have taken the brunt of the pain from a raft of unpleasant economic data, including slow jobs growth and weak regional manufacturing data. A possible deceleration in China is also ...
Caterpillar Inc. (CAT), the world’s largest maker of construction and mining equipment, said demand from the U. S. Coal-mining industry is slowing after a mild winter. Global demand for the company’s machinery is still at a ...
Caterpillar Inc. (CAT), the world’s largest maker of construction and mining equipment, dropped the most in eight trading sessions after declines in commodity prices and economic confidence in the euro area. Caterpillar fell 2.5 ...
Caterpillar Inc. (CAT), the largest maker of construction and mining equipment, said global machinery retail sales rose 12 percent in the three months through April compared with the same period a year earlier. Gains around the world offset ...
Sany Heavy Industry Co. (600031), China’s biggest maker of excavators, may cut its unit-sales forecast for this year as government efforts to curb property speculation slow construction. “Given the weak market, I think ...
Tags: market view, excavators
Caterpillar Inc. CAT +0.06% plans to sell a majority stake in its third-party logistics division to private equity firm Platinum Equity for roughly $750 million. Under the agreement, Caterpillar will retain a 35% stake in the business. ...
Tags: market view, bulldozers/excavators
Orders for U. S. Durable goods excluding transportation equipment probably rose in March, indicating manufacturing continues to contribute to growth, economists said before a government report today. Bookings for goods meant to last at ...
Caterpillar Inc. (CAT), the world’s largest maker of construction equipment, reported a gain in first-quarter revenue that was less than analysts estimated after sales fell in China and Brazil. Revenue climbed 23 percent to $16 ...
Manufacturing in the U. S. Probably expanded at a slower pace in April than a month earlier, indicating the industry that spurred the recovery almost three years ago is cooling, economists said before a report today. The Institute for ...
For a long time, Americans have channeled their fear about China's factories into an exasperated, four-word refrain: They're stealing our jobs! By offering low-wage competition to U. S. workers, the Chinese picked off low-end manufacturing ...
From a sprawling manufacturing base deep in China’s southwestern Hunan province, some 100 kilometers from where Mao Zedong was born, construction-machinery maker Sany Group (SANYIZ) plans to take on the world. While workers in blue ...
Tags: market view, Cranes
In just over three years Putzmeister’s world, fashioned around the unforgiving business of concrete, came crashing down around it. For nearly half a century the Stuttgart-based company along with Schwing, its German arch rival, had ...
Manufacturing probably picked up in the U. S. In March, showing it is weathering a slowdown in global growth, economists said before a report today. The Institute for Supply Management’s factory index climbed to 53 from 52.4 in ...
Tags: market view, economy
CNC stands for computer numerical control. CNC milling is used for turning and drilling applications. The type of mill will determine the type and number of axes the machine possesses. Typically there are two horizontal axes as well as axes ...
Sany Group Co. (SANYIZ), owner of China’s biggest machinery maker, said its sales growth rate may slow by about half to 25 percent as the economy decelerates. Sales may exceed 100 billion yuan ($16 billion) in 2012, up from 80 billion ...