The Federal Reserve Board (FRB) in the US has imposed a monetary penalty of $3.2m against MetLife, claiming that the US underwriter failed to manage its subsidiary bank's mortgage loan servicing and foreclosure processing operations. The ...
Tags: FRB, MetLife, mortgage loan
Philips has signed up for the ninth annual euroLED exhibition,gala dinner and conference.The Birmingham Science Park event for the LED(Light Emitting Diode)and solid state lighting industry is being held at the NEC on 13th and 14th June ...
The Apex Tool Group GmbH & Co. OHG gained a major order in the eight-figure range for tightening technology in three plants of the BMW Group. Regensburg, Leipzig and Oxford rely on the well-known products of the industrial tool manufacturer ...
Tags: Market View, hand tool
Stanley Black & Decker Inc. has put up its hardware and home-improvement unit for sale in an auction that could fetch around $1.5 billion, people familiar with the matter said. The unit, part of Black & Decker before its 2010 merger with ...
Tags: Market View, hardware, hand tool, power tool
Century Extrusion, a U. S. Maker of twin-screw extruders, is finding a fertile market in far-flung places. And, given that Century’s parent, CPM Holdings Inc., broadened its scope when it bought one of China’s largest extruder ...
Tags: market view
Austin-based Illumitex, which develops LED lighting technology, has raised $9.3 million and recruited a new CEO to lead its expansion push, the company said Tuesday. Founded in 2005, Illumitex develops and sells LEDs for the general ...
Tags: Market View
Austin-based Illumitex, which develops LED lighting technology, has raised $9.3 million and recruited a new CEO to lead its expansion push, the company said Tuesday. Founded in 2005, Illumitex develops and sells LEDs for the general ...
Tags: Market View
Danaher Corp. (DHR) and Cooper Industries (CBE) Plc are seeking buyers for a joint venture that makes hand tools for Sears Holdings Corp.’s Craftsman brand, said two people with knowledge of the matter. The venture, Apex Tool Group, ...
Tags: Market View, hand tool
Danaher Corp. (DHR) and Cooper Industries (CBE) Plc are seeking buyers for their jointly owned toolmaking business, said two people with knowledge of the matter. Apex Tool Group may fetch $1.5 billion or more and attract interest from ...
Tags: Market View, power tool, hand tool
The NPE 2012 exhibition takes place in Orlando, the US, on 1-5 April. Our preview takes a look at a selection of the machinery, materials and service companies that will be exhibiting at the fair. American Kuhne Stand 3551 American Kuhne is ...
Tags: market view
Teknor Apex, one of the world's largest compounders of flexible PVC, is actively developing a PVC-free alternative for medical applications and already reports a handful of commercial applications in smaller sizes. Replacing PVC in medical ...
Tags: market view
Cooper Industries PLC's (CBE) fourth-quarter earnings rose 13%, aided by a sharp increase in income from a joint venture with Danaher Corp. (DHR) that manufacturers hand tools. Cooper, which makes safety lighting, circuit breakers, wiring ...
Tags: Market View, tool
With the start of the New Year, it was lights out in the U.S. for the production of the time-tested 100-watt incandescent light bulb, and over the next few years nearly all of the standard Edison filament bulbs will be phased out. A 2007 ...
Tags: Market View, incandescent bulb, led light, cfl
With the start of the New Year, it was lights out in the U.S. for the production of the time-tested 100-watt incandescent light bulb, and over the next few years nearly all of the standard Edison filament bulbs will be phased out. A ...
Tags: cfl, led light, incandescent bulb
Labsphere, through its exclusive UK distributor Pro-Lite Technology, has supplied a custom two-meter integrating sphere system to lighting manufacturer Aurora Lighting for use in its new light lab. Aurora provides energy efficient LED ...
Tags: led light