North America Economy news, Markets and Business Trends - Made-in-China.com

Yusco Will Probably Have a Chance to Hike Around US$35~50/Ton

Feb 27, 2013

Yusco will announce its latest list prices on Feb 26th and probably have a chance to hike around US$35~50/ton in order to reflect high production cost. Although the nickel price drops sharply in recent weeks, the market demand is still ...

Tags: Stainless Steel Prices, Stainless Steel, Steel Prices

United Natural Foods Has Cut Its Full-Year Profit Outlook

Feb 27, 2013

US distributor United Natural Foods has cut its full-year profit outlook, despite booking an increase in first-half profit. The company today (26 February) booked an 18.8% increase in profit in the six months ended 26 January, to ...

Tags: Natural Foods, Foods, profit

Lower Restructuring Costs Helped Boost Profits in Its Full-Year

Feb 27, 2013

Canadian food group Maple Leaf Foods said lower restructuring costs helped boost profits in its full-year. In the six months to the end of December, earnings were up 40.5% to C$122.7m (US$119.3m), the company reported today (26 February). ...

Tags: Canadian food group, food group, food

Sims Metal Management Reported Revenues Totaled $3.4 Billion, a 25 Percent Decrease

Feb 27, 2013

Sims Metal Management reported that for the second half of 2012 (first half of fiscal 2013), revenues totaled $3.4 billion, a 25 percent decrease, primarily due to a reduction of intake and shipments in North America. Over the period, Sims ...

Tags: Metal Management, Metal, Metal Industry

Mexican Car and Light Vehicle Industry Rose 34.5 Percent Compared to The Previous Month

Feb 27, 2013

In January this year, production in the Mexican car and light vehicle industry rose 34.5 percent compared to the previous month and was up 19.8 percent over January 2012, amounting to 242,855 units, according to the the Mexican Association ...

Tags: Car, Light Vehicle, Car Output

Mexican Steel Imports to Mexico in 2012 Was The Highest in History

Feb 27, 2013

The significant growth in steel imports to Mexico in 2012 was the highest in history, with some months registering volumes close to 1 million tons. According with data from Mexico's National Chamber of Iron and Steel Industry (CANACERO), ...

Tags: steel imports, steel, steel industry

AISI Reports That Us Raw Steel Production Rose 1.6 Percent in The Week Ending February 23

Feb 27, 2013

The American Iron and Steel Institute (AISI) reported Monday that US raw steel production rose 1.6 percent in the week ending February 23, following a slight production drop a week ago. Total raw steel production in the United States ...

Tags: Iron, Steel, steel production

Hittite Microwave Corp Has Reported Revenue of $68.5m, up 2% on $67.2m Last Quarter

Feb 26, 2013

For fourth-quarter 2012, Hittite Microwave Corp of Chelmsford, MA, USA (which designs and supplies analog, digital and mixed-signal RF, microwave and millimeter-wave ICs, modules and subsystems as well as instrumentation) has reported ...

Tags: Hittite, Microwave Corp, revenue

Sharemarket Opened Almost 1.5% as Italian Elections Stoke Eurozone Fears

Feb 26, 2013

The sharemarket has opened almost 1.5 per cent weaker as former Italian prime minister Silvio Berlusconi's strong electoral showing sparked fears of eurozone instability. At 10.26am AEDT the benchmark S&P/ASX200 index was down 75.1 ...

Tags: Stocks, Italian Elections, CMC Markets

Ternium Reports a Net Loss of $275 Million in The Fourth Quarter of 2012

Feb 26, 2013

Latin American steelmaker Ternium has reported a net loss of $275 million in the fourth quarter of 2012, compared to a net profit of $136.4 million in the corresponding quarter of the previous year. In the full year 2012, Ternium's net ...

Tags: Ternium, net profit, steelmaker

Because of Tax Changes,Us Consumers Tighten Fists

Feb 25, 2013

A change in federal tax law that decreased the take-home pay of many working Americans is impacting household budgets. According to NRF’s 2013 Tax Returns Survey conducted by BIGinsight, nearly three-quarters (73.3%) of those polled ...

Tags: Tax changes, Tax, federal tax law

Smiles Have Replaced The Frowns on Stockbroking Dealing Desks

Feb 25, 2013

SMILES have replaced the frowns on stockbroking dealing desks, as the rallying sharemarket and low interest rates drive investors back to equities. "There's no doubt we're busier than any other time post the GFC for secondary market ...

Tags: SMILES, sharemarket, market trading

Benchmark S&P/ASX 200 Closed up 0.8 Per Cent at 5018.5

Feb 25, 2013

The sharemarket recovered as investors piled into high-yield stocks after Thursday's steep decline, which followed the release of US Federal Reserve minutes showing growing concern among Fed members about potential side-effects of its ...

Tags: sharemarket, stock, US Federal Reserve

Australian Dollar Fell Slightly Against Its US Counterpart

Feb 25, 2013

The Australian dollar fell slightly against its US counterpart following a downgrade to Britain's credit rating. At 6.30am AEDT the currency was trading at 103.05 US cents, down from 103.13 cents at Friday’s local close. Ratings ...

Tags: Australian dollar, US dollar, currency

Heinz Reports Underlying Third-Quarter Earnings

Feb 25, 2013

Heinz has reported underlying third-quarter earnings that beat Wall Street forecasts, although its sales came in under analyst estimates. The US food giant yesterday (21 February) booked earnings per share for continuing operations and ...

Tags: Heinz, food giant, food

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