OAO Russian Machines, a Moscow-based manufacturer controlled by billionaire Oleg Deripaska, will seek as much as $3 billion by selling a minority stake in overseas markets, said Chairman Siegfried Wolf. The company plans to sell as much as ...
Tags: market view, Machines
In 2011, the German Power Tools market experienced mixed results. While there was a significant increase in sales value, volume saw a minor decline of 1.4% against 2010. This differing development was heavily influenced by increasing price ...
Tags: Market View, power tool
Rubicon Technology,Inc.(NASDAQ:RBCN),a leading provider of sapphire substrates and products to the LED,RFIC,semiconductor,and optical industries,today reported financial results for its first quarter ended March 31,2012.The Company reported ...
Tags: LED, Rubicon, LED market
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 ...
LED Engin has closed its latest funding round and CRS has announced a private placement of shares. LED Engin closes series E funding round LED Engin, Inc., a San Jose, California-based LED company specializing in high-lumen-density LED ...
Tags: raw material
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 ...
Building-related groups rank high in IBD's rankings of 197 industry groups amid a recovery in the housing and construction markets. The Building-Hand Tools group is quickly rising and is home to dividend stalwart Stanley Black & Decker ...
Tags: Market View, hand tool
German cement maker HeidelbergCement is getting its energy costs under control and is raising prices, allowing the company to predict profitability will remain at least on last year s level when it was among the highest in the industry. ...
Tags: market view, cement
Sears Holdings Corp. said it plans to spin off its small-format hometown dealer stores and outlets and sell 11 stores to raise cash and shore up its money-losing retail business. The long-suffering retailer, controlled by hedge-fund ...
Tags: Market View, hardware
Vancouver-based West Fraser Timber -- North America's largest softwood lumber producer -- posted a fourth-quarter loss of $10.6 million, or 25 cents a share from operations hurt by weak lumber and pulp prices in October-December. It earned ...
Tags: market view, lumber, price
Reflecting a positive trend, textile machinery exports from China surged significantly during first three quarters of the current year. As per the National Bureau of Statistics of China data, textile machinery exports grew at a year-on-year ...
Tags: market view, textile machinery
Caterpillar Inc. (CAT) posted fourth- quarter profit that beat analysts’ estimates and said Wall Street projections for this year were too conservative, lifting the stock market and bolstering expectations the world economy will ...
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
Caterpillar Inc. (CAT), the largest construction and mining equipment maker, said the business cycle is in the early stages of a recovery and the company expects to see a “tail wind” from U. S. And European demand. “We are ...
Cree Inc, a maker of LED lighting, reported a lower-than-expected quarterly profit and also gave a forecast for the current period that fell short of analysts' estimates, sending its shares down more than 5 percent. Fierce competition ...
Tags: Cree Inc