The U.S. economy grew at a 2.6 percent annual rate in the October-December quarter, slightly more than previously estimated, as consumer spending rose at the fastest pace in three years. The fourth-quarter growth rate was a bit stronger ...
Tags: U.S.economy, BMO Capital Markets
Even if you would like mailroom equipment to get a large office along with several floors or merely a small a single level office, you will need to make sure to obtain the right equipment for the job in palm. If you have many employees ...
Tags: Mailroom Equipment, floors
Post recession, the earthmoving and construction equipment industry is loOKing at rapid growth once again. Investments in new facilities, innovation, new developments in machinery are being encouraged globally. Hydraulic equipment and truck ...
BlackBerry continued to struggle during the company’s fiscal fourth quarter, experiencing a huge drop in revenue and a $423 million net loss. Revenue for the fourth quarter of BlackBerry’s fiscal 2014, which ended March 1, was ...
Tags: Blackberry, smartphones
Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
The H&M Group’s sales including VAT increased in local currencies by 12 percent during the first quarter. Converted into SEK, sales excluding VAT amounted to SEK 32,143 m (28,392), an increase of 13 percent. Gross profit amounted ...
Tags: H&M, online markets, H&M stores
The semiconductor business in China is abuzz over the huge chunk of money China’s central and local governments are about to plunk down on the domestic chip industry. The combined investments over the next 10 years range from $20 ...
Tags: semiconductor business, Chips, chip industry
Toyota Financial Services (TFS) issued the auto industry’s first-ever Asset-Backed Green Bond in the amount of $1.75 billion. The offering was upsized from $1.25 billion to accommodate demand as institutional investors demonstrated ...
Tags: auto industry, Toyota
Wanxiang America, an affiliate of Chinese automotive parts maker Wanxiang Group, has purchased a Delaware plant from American electric car maker Fisker Automotive for $18m. Following an agreement signed last week, Fisker's plant has been ...
Private equity investor Blackthorne Partners has partnered with business executive Ross Lund to buy food processing equipment manufacturer Hughes Equipment. The financial terms of the transaction have not been disclosed. Established in ...
Tags: Food Processing Equipment, Hughes Equipment, Blackthorne Partners
State-owned China Petroleum and Chemical Corp, or Sinopec Corp, posted modest gains in its 2013 upstream and downstream oil and gas production and has pledged to reduce its capital expenditure this year. In its annual financial results ...
Tags: Sinopec, Oil, Gas Output, Chemicals
PVH Corp. reported 2013 fourth quarter and full year results. GAAP loss per share was $(0.46) as compared to the prior year’s fourth quarter earnings per share of $1.09. Highlights: -Fourth quarter Non-GAAP EPS of $1.43 ...
Tags: Calvin Klein, PVH Corp, Apparel
The BASF TOTAL Petrochemicals LCC (BTP) joint venture (60 percent BASF, 40 percent Total) announced the startup of a 10th furnace at its steam cracker facility in Port Arthur, Texas. The additional furnace improves feedstock flexibility, ...
Tags: Steam Cracker, furnace, BTP
Nestlé Europe has outlined plans to cut water usage by 40% across its manufacturing sites by the end of this decade. The company had already reduced water usage by 36% between 2004 and 2010, after it made certain changes to ...
Tags: Nestle, Water Usage
Gallium nitride (GaN)-on-sapphire is the existing mainstream technology for LED manufacturing, but GaN-on-silicon technology has naturally appeared as an alternative to sapphire in order to reduce cost. However, a cost simulation by market ...
Tags: GaN-on-Si, GaN power electronics, LED