China's manufacturing sector expanded in August but at a significantly slower pace, as production rates and new orders softened. The Flash China Manufacturing PMI, published by HSBC in conjunction with Markit Economics, fell 1.4 points to ...
Tags: Manufacturing, Processing Machinery, China Manufacturing
Supported by favorable government policies China’s LED industry initiated a new round of financing during the first half of 2014, according to a Chinese-language report by Consumption Daily. Innovative technology and new products ...
Tags: LED Industry, LED market
Net loss climbed nearly 27% from a year earlier at Hancock Fabrics, Inc., a retailer of fabrics, sewing materials, etc, in its second fiscal quarter ended July 26, 2014. Hancock reported a net loss of $3.3 million, or negative $0.16 per ...
Tags: Textile, Fabric, Hancock Fabric
Initial reaction to the Apple Watch (not, disappointingly, the iWatch) falls into two camps: those who have only seen photos, who think it looks ugly and big, and those who have actually worn it, who realise it's surprisingly light, and not ...
Tags: Watch, Apple Watch
It's too early to tell, but the total artificial heart might be the next potential medtech goldmine. Shares of artificial heart maker Carmat climbed nearly 20% in mid-day trading on September 5 amidst recently-confirmed rumors that the ...
Tags: Health, Medicine, Artificial hearts
Nickel prices climbed to the highest in nearly two months Thursday on the London Metal Exchange, rising 10% from mid-June to about $19,400 per ton over concerns that the Philippines may ban exports of the metal. A bill to bar mineral ore ...
Recent soft economic data including falling property prices have many investors worried about a growth slowdown in China, but Platinum Asset Management sees plenty of investment opportunities. The funds manager said in a note to investors ...
Tags: China Economy
The Multifamily Production Index (MPI), an indicator for the multifamily market released by the National Association of Home Builders (NAHB), posted a gain of five points to a reading of 58 for the second quarter. It is the 10th straight ...
Tags: MPI, multifamily market
LED bulb prices stabilized in July 2014, according to a latest report from LEDinside, a research subdivision of TrendForce. The research organization noted, in general the global market underwent small price fluctuations. Only a few markets ...
Tags: LED bulbs, LED Lighting
The European semiconductor distribution industry continues to deliver good news. According to DMASS (Distributors’ and Manufacturers’ Association of Semiconductor Specialists) semiconductor distribution sales in Q2/CY14 grew by ...
Tags: European, Growth, Electronics
Tire pricing in the aftermarket is stabilizing. So says industry analyst Nick Mitchell. July marked the third consecutive month of firmer retail pricing for consumer tires, according to Mitchell, senior vice president of research for ...
Tags: Tire, Rise, Auto Parts
Palladium climbed to a 13-year high in the longest run of gains in more than a month in New York on concern supply will lag demand and add to shortages. Gold fell. Palladium, mostly used in catalytic converters in cars alongside platinum, ...
Tags: Palladium, Gold, Electrical
Carlisle Cos. Inc. (NYSE:CSL) on Tuesday reported net income of $75.2 million, or $1.14 per diluted share, for the second quarter, up from $8.2 million, or 13 cents per share, a year earlier. The year-ago quarter included a net loss from ...
Tags: Carlisle, Electrical, Electronics
NEW YORK (AP) — General Electric’s net income rose 13 percent in the second quarter on strong performance from its aviation and oil and gas divisions. The company said orders, especially those in developing countries, were ...
Tags: GE, Electrical, Electronics
IT solutions provider - DecisionPoint Systems reported a drastic reduction in net loss in the second quarter ending June 30, 2014, when compared with same period of 2013. Net loss in the second quarter of 2014 stood at $19,000, down from ...
Tags: DecisionPoint Systems, Q2 Net, Textile