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Tempe Newswire

Comprehensive Real-Time News Feed for Tempe, AZ.

Results 1 - 20 of 40 for "u:bloomberg.com" in Tempe, AZ

  1. Service Industries in U.S. Expand at Slowest Pace Since 2014Read the original story w/Photo

    Friday Jun 3 | Bloomberg

    American service providers expanded in May at the slowest pace in more than two years as companies curtailed orders, pointing to a more muted pickup in the economy after a lukewarm start to 2016. The Institute for Supply Management's non-manufacturing index dropped to 52.9, the weakest since February 2014, from 55.7 in April, the Tempe, Arizona-based group's data showed Friday.

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  2. Manufacturing Unexpectedly Accelerates Amid U.S. Growth SignsRead the original story w/Photo

    Wednesday Jun 1 | Bloomberg

    Signs of better U.S. growth are cropping up, including in manufacturing, which has been a laggard of the economy. Activity at factories unexpectedly expanded at a faster pace in May, helped by an increase in orders, the Institute for Supply Management reported Wednesday.

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  3. U.S. Stocks Pare Declines After Manufacturing Activity Picks UpRead the original story

    Wednesday Jun 1 | The Washington Post

    U.S. stocks trimmed losses after data showed manufacturing unexpectedly expanded at a faster pace in May, tempering pessimism which followed earlier evidence of sluggish global growth. The S&P 500 lost 0.2 percent to 2,092.10 at 10:07 a.m. in New York, after falling as much as 0.6 percent.

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  4. Manufacturing in U.S. Unexpectedly Grew at Faster Pace in MayRead the original story w/Photo

    Wednesday Jun 1 | Bloomberg

    Manufacturing unexpectedly expanded at a faster pace in May, helped by an increase in orders that signals U.S. factories are rebounding from an early-2016 slump. The Institute for Supply Management's index climbed to 51.3 from 50.8 in April, figures from the Tempe, Arizona-based group showed Wednesday.

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  5. U.S. Stocks Trim Slide After ISM Data Amid Concerns on GrowthRead the original story

    May 4, 2016 | The Washington Post

    U.S. stocks trimmed declines after better-than-forecast data on services industry growth and factory orders, tempering concerns that tepid global growth will weigh on the American economy. The benchmark equity index fell 0.4 percent to 2,055.24 at 10:06 a.m. in New York, after losing as much as 0.7 percent.

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  6. Copper Drops From Five-Week High as Chinese Manufacturing CoolsRead the original story

    May 3, 2016 | The Washington Post

    Copper fell from the highest close in more than five weeks, after a private Chinese factory gauge showed contraction for a 14th month and U.S. manufacturing growth cooled. The metal used in pipes and wiring lost as much as 2 percent to $4,951 a metric ton on the London Metal Exchange and traded at $4,997 by 3:05 p.m. in Shanghai.

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  7. Growth at American Manufacturers Cools as Challenges PersistRead the original story w/Photo

    May 2, 2016 | Bloomberg

    Manufacturing expanded at a slower pace than forecast in April as factories continued to grapple with lax global demand and fallout from a weakened U.S. energy industry. The Institute for Supply Management's index declined by 1 point to 50.8, barely above the 50 level that indicates stagnation, the Tempe, Arizona-based group's report showed Monday.

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  8. First Solar Changes CEO as Shift to Selling Panels Gathers PaceRead the original story

    Apr 28, 2016 | The Washington Post

    First Solar Inc. said Chief Executive Officer Jim Hughes will step down as falling costs help the company accelerate its shift to selling panels rather than developing plants for them. Hughes will be replaced by Chief Financial Officer Mark Widmar from July 1, the Tempe, Arizona-based company said Wednesday in statement.

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  9. Cheaper Than China Again, First Solar Vindicates U.S. InvestmentRead the original story

    Apr 16, 2016 | The Washington Post

    For the first time in three years, First Solar Inc. is making panels for less than China's biggest producer, justifying more than $3 billion in loan guarantees from the U.S. government. After investing $775 million in technology, First Solar is producing panels for as little as 40 cents a watt, or about 15 percent less than China's Trina Solar Ltd. In 2019, First Solar's module cost could be as low as 25 cents a watt, according to analysts' models.

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  10. Cheaper Than China Again, First Solar Vindicates U.S. InvestmentRead the original story

    Apr 15, 2016 | The Washington Post

    For the first time in three years, First Solar Inc. is making panels for less than China's biggest producer, justifying more than $3 billion in loan guarantees from the U.S. government. After investing $775 million in technology, First Solar is producing panels for as little as 40 cents a watt, or about 15 percent less than China's Trina Solar Ltd. In 2019, First Solar's module cost could be as low as 25 cents a watt, according to analysts' models.

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  11. The Biggest Part of the U.S. Economy Is Showing Signs of CrackingRead the original story

    Feb 24, 2016 | The Washington Post

    Services, the biggest part of the U.S. economy, shrank this month for the first time in more than two years, hurt by a late-January snowstorm that blanketed the East Coast and a dearth of orders. The Markit Economics preliminary purchasing managers' services index for February slumped to 49.8, the lowest reading since the partial government shutdown in October 2013, from 53.2 the prior month, a report from the London-based group showed Wednesday.

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  12. First Solar's Profit Dropped And Still Doubled ExpectationsRead the original story

    Feb 24, 2016 | The Washington Post

    First Solar Inc.reported a lower fourth- quarter profit that still was more than double analysts' expectations as the largest developer of utility-sized solar farms reduced costs and raised its forecast for margins. Net income slipped to $164.1 million, or $1.60 a share, from $193 million, or $1.90 a share, a year earlier, Tempe, Arizona-based First Solar said in a statement Tuesday after the close of regular trading.

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  13. The Biggest Part of the U.S. Economy Is Showing Signs of CrackingRead the original story

    Feb 24, 2016 | Bloomberg

    Services, the biggest part of the U.S. economy, shrank this month for the first in more the two years, hurt by a late-January snowstorm that blanketed the East Coast and a dearth of orders. The Markit Economics preliminary purchasing managers' services index for February slumped to 49.8, the lowest reading since the partial government shutdown in October 2013, from 53.2 the prior month, a report from the London-based group showed Wednesday.

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  14. First Solar Profit Declines With Power Plants Held for 8point3Read the original story

    Feb 24, 2016 | The Washington Post

    First Solar Inc.reported a lower fourth- quarter profit as the largest developer of utility-sized solar farms continued to invest in new projects while holding off on selling other ones. Net income slipped to $164.1 million, or $1.60 a share, from $193 million, or $1.90 a share, a year earlier, Tempe, Arizona-based First Solar said in a statement Tuesday after the close of regular trading.

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  15. First Solar Profit Slips With Power Plants Held for 8point3Read the original story

    Feb 23, 2016 | The Washington Post

    First Solar Inc.reported a lower profit in the fourth quarter as the largest developer of utility-sized solar farms continued to invest in new projects while holding off on selling other ones. Net income fell to $164.1 million, or $1.60 a share, from $193 million, or $1.90 a share, a year earlier, Tempe, Arizona- based First Solar said in a statement Tuesday after the close of regular trading.

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  16. Service Industries in U.S. Expand at Slowest Pace in Two YearsRead the original story

    Feb 3, 2016 | Bloomberg

    Service industries expanded in January at the slowest pace in nearly two years, raising the risk that persistent weakness in manufacturing is starting to creep into the rest of the U.S. economy. The Institute for Supply Management's non-manufacturing index fell last month to 53.5, the lowest since February 2014, from 55.8, the Tempe, Arizona-based group's report showed on Wednesday.

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  17. Crude Erases Last Week's Rally on China Data, OPEC Output GainRead the original story w/Photo

    Feb 1, 2016 | Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Oil erased its longest rally this year on signs industrial activity in China is deteriorating, potentially hurting demand as OPEC pumps record amounts of crude.

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  18. Crude Erases Last Week's Rally on China Data, OPEC Output GainRead the original story

    Feb 1, 2016 | The Washington Post

    Oil erased its longest rally this year on signs industrial activity in China is deteriorating, potentially hurting demand as OPEC pumps record amounts of crude. Futures fell as much as 6.9 percent in New York.

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  19. Oil Rally Falters on Signs of Slowing China as OPEC Output RisesRead the original story

    Feb 1, 2016 | The Washington Post

    Oil's longest rally this year faltered on signs industrial activity in China is deteriorating, potentially hurting demand as OPEC pumps record amounts of crude. Futures fell as much as 5.2 percent in New York.

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  20. Manufacturing in U.S. Contracted in January for a Fourth MonthRead the original story

    Feb 1, 2016 | Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Manufacturing in the U.S. shrank in January for a fourth consecutive month as businesses cut staffing plans.

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