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Stanley Black & Decker, Newell Rubbermaid gain ground in Q4

2015-02-02 19:23:02| Appliances - Topix.net

Stanley Black & Decker and Newell Rubbermaid reported modest but steady growth in the fourth quarter, results that position both companies on solid ground going forward. At Stanley Black and Decker, net sales for the fourth quarter came in at $2.98 billion, up from $2.88 billion in the fourth quarter of 2013.

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NEMA Business Conditions Indexes gain ground.

2015-01-30 14:30:44| Industrial Newsroom - All News for Today

NEMA’s Electroindustry Business Conditions Index for current conditions in North America rebounded in January, climbing to 57.5 from 50.0 in December. Thirty-five percent of January’s panelists reported conditions improved, while only 20% indicated that business environment worsened. January’s EBCI for future North American conditions edged up to 67.5 from 65 the previous month, and slightly more than half of January’s panelists expect business environment to improve over next 6 months.

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Sikorsky registers big 2014 gain

2015-01-29 06:13:47| Paper - Topix.net

In a fourth quarter of intrigue at its parent company, United Technologies, Sikorsky Aircraft increased sales by $1.2 billion in 2014, a 19 percent gain even as it warned of turbulence ahead as military sales dwindled. UTC increased profit 10 percent from a year earlier to $1.47 billion, or $1.62 per diluted share, compared with $1.46 billion, or $1.58 a share, in the year-earlier period.

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Sikorsky registers big 2014 gain

2015-01-29 02:50:01| Industrial Machines - Topix.net

In a fourth quarter of intrigue at its parent company United Technologies, Sikorsky Aircraft increased sales by $1.2 billion in 2014, a 19 percent gain even as it warned of turbulence ahead as military sales dwindled. UTC increased profit 10 percent from a year earlier to $1.47 billion, or $1.62 per diluted share, compared with $1.46 billion, or $1.58 a share, in the year-earlier period.

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CGI sees potential gain coming out of pain in Canada's oil patch

2015-01-28 23:35:43| IT Services - Topix.net

CGI Group says the pain being felt in Canada's oilpatch from lower energy prices presents an opportunity for the IT services company to win new business from customers who are looking for ways to reduce costs. "When you have information technology, it's an enabler for companies that are rapidly growing but it's also an enabler for companies that have to contain their costs during challenging times," CEO Michael Roach said in an interview.

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