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Industrial Machine News

Industrial Machines news continually updated from thousands of sources around the net.

52 min ago | Forbes.com

Forbes Earnings Preview: Caterpillar

Caterpillar reports its second-quarter earnings on Thursday, July 24, 2014, and the consensus earnings per share estimate is $1.50 per share.

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Related Topix: Manitowoc Company, Manufacturing, Construction, Financial Markets

5 hrs ago | Forbes.com

Earnings Expected to Increase for Precision Castparts

Wall Street is expecting higher profit for Precision Castparts when the company reports its first quarter results on Thursday, July 24, 2014.

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Related Topix: Precision Castparts, Aerospace-Defense, Metals, Financial Markets

Wed Jul 23, 2014

Business Journal

Unifi Inc. net income down in fourth quarter, but up for year

Greensboro-based yarn maker Unifi Inc. said Wednesday that its net income for its fourth quarter was $8.8 million, down 16 percent from $10.5 million.

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Related Topix: Unifi, Textiles

Business Journal

Charlotte has more connections to Sealed Air Corp. than initially thought

N.C. Gov. Pat McCrory presents Jerome Peribere, president and CEO of Sealed Air Corp. with a Sun Valley Spartans sweatshirt at a press conference announcing the company's plan to relocate its headquarters to Charlotte.

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Related Topix: Manufacturing, Sealed Air Corporation, US Governors, Pat McCrory, 3D Systems, Scientific Instruments, Electronics, Software, Duncan, SC

Business Journal

Ingersoll-Rand earnings slip in Q2, but beat expectations

Ingersoll-Rand reports net earnings of $306 million, or $1.12 per share, for the second quarter, down from $317.2 million, or $1.05 per share, in the corresponding period a year ago.

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Related Topix: Manufacturing, Automakers, IngersollRand Company

Tri-cityherald.com

Fortune 500 firm Sealed Air moving HQ to Charlotte

A North Carolina committee that approves corporate tax breaks on Wednesday approved up to $36 million over 12 years if the company meets job and investment targets.

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Related Topix: North Carolina, Manufacturing, Sealed Air Corporation

The Item

Elmwood Park-based Sealed Air Corp. moving headquarters to Charlotte

Elmwood Park-based Sealed Air Corp., the maker of Bubble Wrap, is moving its headquarters to Charlotte, N.C., the Charlotte Observer reported this morning.

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Related Topix: Manufacturing, Sealed Air Corporation, North Carolina

Tire Business

Chung named Cooper's VP-Americas

Cooper Tire & Rubber Co. has hired Mark Chung, formerly with Yokohama Tire Corp. and Ford Motor Co., to be vice president, strategy and business development for the Americas.

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Related Topix: Rubber-Plastics, Manufacturing, Cooper Tire and Rubber, Marketing

AmericanBankingNews.com

Helix Energy Solutions Group Price Target Raised to $31.00 at Johnson Rice

The firm currently has an "overweight" rating on the stock. Johnson Rice's target price indicates a potential upside of 17.96% from the company's current price.

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Related Topix: Electronics, Semiconductors, Helix Technology

Agri Marketing

Assn Of Equipment Mfgrs Honors Students, Promotes Careers In Ag Equipment Industry

ASSN OF EQUIPMENT MFGRS HONORS STUDENTS, PROMOTES CAREERS IN AG EQUIPMENT INDUSTRY Jul. 23, 2014 Association Of Equipment Manufacturers news release Agricultural engineering students from Iowa State University received the first-place award for large student engineering branches at the 77th annual AEM Student Awards luncheon held in conjunction ... (more)

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Related Topix: Iowa State University, Manufacturing, Construction, Alamo Group, Texas A&M University, University of Georgia, University of Tennessee

Tue Jul 22, 2014

Sys-Con Media

CORRECTING and REPLACING Belden Introduces Its Next Generation of Industrial Security Solutions

Belden Inc. , a global leader in signal transmission solutions for mission-critical applications, has released the next generation of its Tofino Security solutions for industrial control systems.

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Related Topix: Manufacturing, Belden, Generation, Industrial, Computer Security, Science / Technology

ZDNet

Apple and Samsung find themselves on the same side in patent fight

In an ironic twist, Apple and Samsung, bitter patent foes, find themselves on the same side of a battle against Enterprise Systems Technologies, a patent troll.

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Related Topix: Science / Technology, Apple, Telecom, Siemens, Science, Computer Science

Forbes.com

Daily Dividend Report: BAX, SO, ETN, SYK, AEP, ALL, CCE, FMC

Baxter International declared a quarterly dividend of $0.52 per Baxter common share.

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Related Topix: Medicine, Baxter International, E.Factor, Medical Equipment, Healthcare Industry, Manufacturing, Eaton, Stryker, Allstate, Insurance

Business Journal

Columbus McKinnon picks CrossPoint fro new HQ

After scouting a number of suburban sites, it appears that Columbus McKinnon Corp. has settled on an Amherst office park as the location of its new corporate headquarters.

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Related Topix: Columbus McKinnon, Manufacturing, Financial Services, BlackRock, Investment Services

LaGrange Daily News

16 miles of I-85 named for Ray Anderson

Front row: Mary Anne Lanier and Harriet Langford, both trustees for the Ray C. Anderson Foundation; Back row: Interface Chairman and CEO Dan Hendrix ,... Sixteen miles of Troup County's portion of I-85 has been named the Ray C. Anderson Memorial Highway, dedicated to Ray Anderson, late founder and chairman of Interface, Inc. The state of Georgia ... (more)

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Related Topix: Interface, Textiles, Troup County, GA, Nathan Deal, US News, Republican, US House of Representatives, US Politics, West Point, GA, LaGrange, GA, US Governors

Reuters

United Tech posts 8 percent profit rise, gives rosier outlook

United Technologies Corp posted an 8 percent increase in quarterly profit, topping estimates, as sales of its elevators and aircraft parts helped offset a sluggish performance in its Pratt & Whitney engine business.

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Related Topix: Manufacturing, Security, United Technologies Corporation

Ledger-Enquirer.com

United Technologies 2Q profit climbs 7.7 percent

The maker of elevators, helicopters, jet engines and other products raised the low end of its 2014 earnings outlook because of strong results in the first half of the year.

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Related Topix: Manufacturing, Security, United Technologies Corporation, Sikorsky Aircraft, GE Aircraft Engines, Hamilton Sundstrand, Paper, Aerospace-Defense, Pratt Industries, Clipper Windpower

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

The Rating Outlook is Stable. A compl... First Trust Strategic High Income Fund II Declares its Monthly Common Share Distribution of $0.12 Per Share for August )--First Trust Strategic High Income Fund II has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.... First Trust Senior Floating Rate Income ... (more)

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Related Topix: Financial Services, Financial Federal, Leasing

AmericanBankingNews.com

Terex Given Average Recommendation of "Hold" by Analysts

Shares of Terex have been given an average rating of "Hold" by the fourteen ratings firms that are covering the company, Stock Ratings Network reports .

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Related Topix: Terex Corporation, Manufacturing

Mon Jul 21, 2014

AmericanBankingNews.com

BHP Billiton plc Rating Reiterated by Nomura

's stock had its "buy" rating restated by investment analysts at Nomura in a note issued to investors on Monday.

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Related Topix: Manufacturing, Blount International, BHP Billiton, Mining

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