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Manufacturing News

RSS feedDisplaying articles 31 - 40 of most recent articles

Nucor beats earnings expectations for third quarter Nucor Corp. (NYSE:NUE) reported third-quarter net income of $245.4 million, or 76 cents per diluted share, beating analysts' average estimate of 73 cents. Earnings were stronger than the $147 million, or 46 cents per diluted share, the Charlotte-based ste | Oct 23, 2014 2:03 PM [GMT] | comment? | recommend
Daimler gets out of the Tesla game after selling its shares for a tidy sum Daimler has sold its shares in Tesla Motors Inc. company. The Silicon Valley Business Journa l reports that the company, which bases its North American headquarters in North Portland, reaped some $780 million in the deal. Daimler had owned about 4 percent | Oct 23, 2014 1:42 PM [GMT] | comment? | recommend
ATI appoints chief human resources officer Allegheny Technologies Inc. has appointed Elizabeth Powers as senior vice president and chief human resources officer, the company announced Thursday. Effective Nov. 1, Powers will lead the integration, alignment and coordination of the company's global h | Oct 23, 2014 1:40 PM [GMT] | comment? | recommend
Boston Scientific's rainy-day legal fund is nearly $1 billion Boston Scientific Corp. continues to set aside cash to pay for multiple high-dollar legal fights, with its total legal reserves reaching $945 million in September. The Boston Business Journal reports on the growth of the company's legal fund, which was a | Oct 23, 2014 12:05 PM [GMT] | comment? | recommend
Select Comfort execs are sleeping better: Bed-maker boosts outlook Profits at Select Comfort Corp. jumped 16 percent in the third quarter as the maker of the Sleep Number bed sold more beds, at higher prices. The Star Tribune reports on the earnings results at Plymouth-based Select Comfort(Nasdaq: SCSS), which earned $23 | Oct 23, 2014 11:50 AM [GMT] | comment? | recommend
MSA Safety hopes to get product approval sometime this quarter Cranberry Township-based MSA Safety Inc. reported slightly lower profit but higher sales in the third quarter. MSA (NYSE: MSA) earned $19.3 million, or 51 cents per share, in the three months ended Sept. 30, compared with $19.5 million, or 52 cents per sh | Oct 23, 2014 11:48 AM [GMT] | comment? | recommend
Five things you need to know today, and P&G's latest jaw-dropper Good morning, Cincinnati! Before we get started, Warren Buffett lost $2 billion last week when investments in IBM and Coca-Cola got crushed. So here's a question: How upset do you think Buffett was, on a scale of 1 to 10, where 1 is having an itch on your | Oct 23, 2014 11:47 AM [GMT] | comment? | recommend
Tunica company plans street-legal electric car for 2016 GreenTech Automotive has officially opened its Tunica manufacturing facility, and is currently producing its MyCar electric vehicles. GreenTech announced plans to build the Tunica facility in 2009, but began construction on the 300,000 square-foot $75 mil | Oct 23, 2014 11:21 AM [GMT] | comment? | recommend
Harley-Davidson hopes to see Road Glide lift sales Hurt by not having the Road Glide in its model line-up over the past year, Harley-Davidson Inc. brought the updated Road Glide models back in August and this positions the Milwaukee-based motorcycle manufacturer well, said Keith Wandell, chief executive o | Oct 23, 2014 10:57 AM [GMT] | comment? | recommend
GlobalFoundries executive to address business community at CEG annual meeting The Albany area business community will hear from the general manager of GlobalFoundries' computer chip manufacturing complex in Malta, New York tonight, a few days after the company announced it will acquire IBM's computer chip business. Thomas Caulfield | Oct 23, 2014 10:27 AM [GMT] | comment? | recommend