MILWAUKEE, Jan. 24, 2013 /PRNewswire/ — Water technology company A. O. Smith Corporation (NYSE-AOS) today announced record sales of $1.94 billion and earnings of $162.6 million, or $3.49 per share, from continuing operations for 2012. Sales from continuing operations for 2012 grew 13 percent from $1.71 billion recorded in 2011. The Lochinvar business, acquired in […]
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Asian stocks outside Japan fell even after a report that China’s manufacturing is accelerating as Apple Inc. (AAPL) suppliers dropped after the iPhone maker reported its weakest sales since 2009 and North Korea threatened a nuclear test. Japanese shares rallied on a weaker yen after China’s manufacturing beat estimates. AAC Technologies Holdings Inc. (2018), which […]
Most Asian stocks outside Japan fell as Apple Inc. (AAPL) suppliers fell after the iPhone maker reported its weakest sales since 2009 and as North Korea threatened a nuclear test. Japanese shares rallied on a weaker yen after China’s manufacturing beat estimates. AAC Technologies Holdings Inc. (2018), which makes speakers for Apple, dropped 6 percent […]
The president made a powerful inaugural address, referencing the Declaration of Independence by intoning several times “We, the people.” The people reacted warmly to “We the People,” little realizing that campaign contributions have caused the people to lose control of their government. The lobbyists who contribute now control. The lobbyists used to contribute to the […]
The M23 officers – Bosco Ntaganda, Sultani Makenga et al – have risked highly lucrative positions in the FARDC command structure, control of tax rackets mines and timber amongst other things in carrying out this rebellion. Why is it war seems more profitable than peace? The mutiny According to a 2011 […]
DANBURY, Conn., Jan 23, 2013 (BUSINESS WIRE) — –Record full-year operating cash flow of $2.8 billion […]
Coming home The Economist
IN 2005, A START-UP company from California called ET Water Systems decided to move its manufacturing operations to China. At the time there was a general …
Made in the USAThere’s a resurgence of manufacturing in America, and entrepreneurs are jumping on the bandwagon. As award-winning journalist James Fallows reports in a recent issue of The Atlantic, “Manufacturing’s share of the total American economy … went from about 20 percent in the early 1980s to just over 10 percent now.” But Fallows also notes […]
Posted: January 7, 2013 at 11:37 am The government of Iran has long held that the U.S. and European sanctions being imposed on the country have had little impact on the Iranian economy. But in a report to the country’s parliament, the Iranian oil minister said that over the past nine months the country’s oil […]
AP Images Iran’s oil exports have been slashed 40 percent in the past nine months because of tough Western sanctions, Oil Minister Rostam Qasemi was quoted as saying on Monday, in a reversal of his previous denials of any decline at all. “There has been a 40 percent decrease in oil sales and a 45 […]
