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Ericsson to exit modem business, cut jobs
2014-09-18 02:00:00| Total Telecom industry news
Swedish kit maker to plough resources into radio network R&D instead.
Brent crude oil steadies at $99 on hopes of OPEC output cut
2014-09-17 01:00:00| Offshore Technology
The price of Brent crude oil has steadied at $99 per barrel on Wednesday on expectations that the Organization of the Petroleum Exporting Countries (OPEC) may cut the 2015 output.
Big firms agree to cut use of coolants that add to global warming
2014-09-16 21:00:00| Climate Ark Climate Change & Global Warming Newsfeed
LA Times: A week before world leaders will discuss how to slow the increase of dangerous gases in the atmosphere, the Obama administration announced that it has reached agreements with a range of major companies to voluntarily phase out a class of chemicals, used in refrigerators and air conditioners, and seen as contributors to global warming. The chemicals, called hydrofluorocarbons or HFCs, became the popular alternative to the refrigerant, Freon, banned in the 1990s as a danger to the planet`s ozone...
Terex Price Target Cut to $41.00 by Analysts at Robert W. Baird
2014-09-16 17:27:34| Industrial Machines - Topix.net
The firm currently has an "outperform" rating on the stock. Robert W. Baird's target price would suggest a potential upside of 26.27% from the stock's previous close.
UPDATE 1-Pratt says next F-35 engine deals will cut costs by 7-8 pct
2014-09-16 02:22:59| Industrial Machines - Topix.net
Pratt & Whitney, a unit of United Technologies Corp, said its contracts with the Pentagon for the next two batches of engines for the Lockheed Martin Corp F-35 fighter jet will result in combined cost savings of 7 percent to 8 percent. Bennett Croswell, president of Pratt's military engines division, told reporters the company had already more than halved the cost of its F-35 engine, and the savings from the next two contracts - for the seventh and eighth batches of engines - would come on top of that.
Tags: update
costs
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