industry

Investing 101: What Is an ETF?

Looking for an asset that's flexible like a stock but offers the diversity of an index fund? Your best option might just be an exchange-traded fund, or ETF.

Durable Goods Orders Jump in June

Orders for long-lasting U.S. factory goods rose in June, bolstered by higher aircraft demand and more businesses spending that signals investment plans.

Toyota's Comeback Gains Momentum

Toyota's quarterly profit more than doubled in its latest quarter as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback.

Natural Gas: The Industry That Could Save America

The American economy is in the throes of the longest, most protracted recovery since the Great Depression. But there is an industry offering a beacon of hope, and it could soon serve as the tipping point that gets America back to work: natural gas.

Manufacturing Is Building Hopes for the Economy

The U.S. manufacturing sector is a sight for sore eyes: After more than a year of expansion, it's still growing, as American factories continue to churn out the equipment, machines and products that emerging-market nations need to develop their infrastructures.

The Top 10 Growth Industries for 2011

After the long downturn, the coming year will present an opportunity for many industries to rejuvenate themselves. Independent researcher IBISWorld sorted through the data on 711 U.S.-based industries to give its predictions of the 10 top performing industries for 2011.

GE Agrees to Buy Wellstream for $1.3 Billion

General Electric Co. (GE) will buy Wellstream Holdings Plc (WSM), a British oilfield-services provider focused on the Brazilian market, for 800 million pounds ($1.3 billion). The deal is worth 786 pence per share of Wellstream, including a 6 pence special cash dividend, Bloomberg News reported. That%u2019s 29% higher than the stock%u2019s closing price on Sept. 20, the day before Wellstream said it had received approaches.