U.S. Factory Orders Decline 0.8% in April
“We expect further bumps along the road for manufacturing as a slowing global economy and escalating tariffs on major U.S. trading partners pose headwinds."
Parker Hannifin to Buy LORD for $3.68B
The industrial company said the acquisition would be would be accretive to EBITDA margins, cash flow, and earnings per share.
U.S. Industrial Output Declines 0.6% in January
“It looks like Fed officials were smart to stop their gradual rate hikes as the economy seems to have entered a soft patch,” an economist says.
U.S. Productivity Revised Down to 0.4% for Q1
“Without stronger productivity, achieving the 3% growth rate President Donald Trump has set as a goal becomes more difficult."
Mature Tool Giant Plots Big Growth Push
Stanley Black & Decker has doubled its size multiple times in its CFO's 20 years at the company. Doing it again requires a different, higher-tech approach.
U.S. Core Capital Goods Orders Jump 1.8%
The February gain in orders was a positive sign for business spending after declines in the previous two months.
U.S. Factory Orders Decline 0.1% in October
“These data remain consistent with a solid upswing in manufacturing activity and an acceleration in corporate capital spending."
Durable Goods Orders Rise 2.1% in September
With core capital goods orders up 1.3% last month, "business equipment investment appears to be going from strength to strength."
Quality-Control Scandal Engulfs Kobe Steel
The steelmaker has admitted data falsification involving aluminum, copper and iron ore products, further tarnishing Japan's manufacturing reputation.