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Emerson expects worse result in third quarter

2015-06-22 14:37:47| Electronics - Topix.net

Emerson said Monday it expects third-quarter sales to decrease 11 percent compared with the prior-year period, as a drop in oil prices, a global slowdown in capital spending and strength in the U.S. dollar affect its bottom line. Emerson said orders in all its segments would be down up to 20 percent for March, April and May. Process Management, Industrial Automation and Network Power are to be the hardest hit, Emerson said.

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Fourth Chinese Inspection Machine Maker Fined As Result of Navitar Trademark Infringement Complaint

2015-05-19 12:31:13| Industrial Newsroom - All News for Today

Findings Confirm False Advertising and Other Illegal Behaviors Rochester, New York Navitar, Inc. communicated today that Chinese inspection machine maker Dongguan Yihui Photoelectricity Co., Ltd. of China, one of the companies Navitar had previously reported to the Dongguan China Administration for Industry...

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Herd Expansion Could Result in 2016 Hog Excess

2015-05-11 02:00:00| ThePigSite - Industry News

CANADA - Anticipated expansion of the US breeding herd combined with reduced losses from PED could result in an excess of hogs coming to market by the middle of next year, writes Bruce Cochrane.

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Delta layoff result of terminated contract

2015-05-08 15:59:54| Airlines - Topix.net

DAL Global Services is expected to layoff 130 employees as the result of Gate Gourmet ending its contract for cabin service. The previously announced layoff of 130 employees by Delta Air Lines Inc. subsidiary DAL Global Services is the result of a terminated contract.

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Exxon Mobil posts 1Q profit of $4.94 billion, result tops expectations

2015-04-30 15:32:51| Chemicals - Topix.net

The results surpassed Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.

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