industry
U.S. Manufacturing Is Building Hopes for Earnings -- and Jobs
10:00AM 3/06/2011
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
8:00AM 12/19/2010
After the long downturn, the coming year will be an opportunity for many industries to rejuvenate themselves. Independent researcher IBISWorld sorted through data on 711 U.S.-based industries to come up with these predictions of the 10 best.
GE Agrees to Buy Wellstream for $1.3 Billion
6:33AM 12/13/2010
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....
Hyundai Workers in South Korea Agree to End Monthlong Strike
9:15AM 12/09/2010
Temporary workers at a Hyundai Motor manufacturing plant in South Korea reportedly have agreed to end a near-monthlong strike that was inhibiting domestic production of subcompact cars, such as the Hyundai Accent.
U.S. Factories Keep Humming: Orders Rose 2.1% in September
11:45AM 11/03/2010
Investors got more evidence today that the manufacturing sector expansion continued into late summer/early fall. The key ex-transportation component also came in higher, at 0.4%. And the ex-defense number rose 1.9%. A solid month overall.
China, India Report Manufacturing Growth
7:39AM 11/01/2010
Manufacturing output jumped in China and India in October, breaking with the rest of Asia.
China's official Purchasing Managers Index gained to 54.7 in October, from 53.8 a month earlier, The Wall Street Journal said. A reading above 50 signals expansion and a reading under 50 means output...
The Most Profitable Industries for the Next Three Years
6:00AM 10/10/2010
Energy, Company News, Economy, Investing, Health Care, Video
IBISWorld Research has uncovered five industries that managed to stay extremely profitable during 2010 -- and these industries are their picks to be the most profitable for the next three years. Investors could boost their portfolios by focusing on them.
The Least Profitable Industries for the Next Three Years
6:29AM 10/08/2010
IBISWorld Research has identified four unfortunate industries that will likely be mired in recession-like conditions over the next three years. It's not a good time to be hog farmer or a postmaster.
Factory orders rose just 0.1% in July, the U.S. Commerce Department announced Thursday in a report that further clarified that the manufacturing sector's expansion slowed down this summer. While the statistic did indicate tepid growth, it was less than the 0.3% gain economists had predicted.
Retail and housing are lingering concerns, but the nation's factory sector isn't ready to concede economic defeat yet. The Institute for Supply Management's manufacturing index unexpectedly rose 1.8 points in August to 56.3.
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