Rio Tinto (NYSE:RIO) will release its half-yearly results on Thursday, August 8. The company has already released its operations review report for Q2 where it reported a strong performance despite challenging weather conditions. It reported a record quarterly iron ore production primarily on increased production from its Pilbara mines in Australia. Iron ore constitutes the bulk of Rio’s […]
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Tue Aug 6, 2013 10:05am EDT By Lewis Krauskopf Aug 6 (Reuters) – Emerson Electric Co reported a 75 percent drop in quarterly earnings on Tuesday, hurt by an impairment charge for its embedded computing and power business, and said it was selling a majority stake in the unit for about $300 million. Profit and […]
Tue Aug 6, 2013 7:16am EDT (Reuters) – Emerson Electric Co (EMR.N) reported a sharp drop in quarterly profit on Tuesday, hurt by an impairment charge for its embedded computing and power business, and said it was selling a majority stake in the unit for about $300 million. The diversified U.S. manufacturer said it would […]
Tue Aug 6, 2013 8:07am EDT Aug 6 (Reuters) – Emerson Electric Co reported a sharp drop in quarterly earnings on Tuesday, hurt by an impairment charge for its embedded computing and power business, and said it was selling a majority stake in the unit for about $300 million. Profit and sales missed Wall Street […]
Tue Aug 6, 2013 7:09am EDT Aug 6 (Reuters) – Emerson Electric Co reported a sharp drop in quarterly profit on Tuesday, hurt by an impairment charge for its embedded computing and power business, and said it was selling a majority stake in the unit for about $300 million. The diversified U.S. manufacturer said it […]
Wage and consumption levels are rising in the developing economies of Asia, including China. This is opening up an enormous market to UK machine builders and automation engineers who can help them keep production costs down. At a recent UK Machine Builder conference, hosted by Mitsubishi Electric, strategies for entering Asia and China and […]
Brookings Doha director Salman Skaikh. (Asharq Al-Awsat) London, Asharq Al-Awsat—All eyes are turned to Egypt at a time of extreme tension and instability in the country. But there remains much confusion surrounding what exactly happened when former president Mohamed Mursi was removed from his post and where the country can go from here. Beyond the […]
In the name of helping the middle class, President Barack Obama this week proposed slashing corporate tax rates from 35 percent to 25 percent for manufacturers and to 28 percent for all others — provided, that is, that any tax windfall from his plan be spent on government. The anticipated one-time tax windfall would come […]
West Pharmaceutical Services Inc. (WST) Q2 2013 Earnings Conference Call August 1, 2013 9:00 AM ET Operator A very good day to you ladies and gentlemen. Welcome to the West Pharmaceutical Services Second Quarter 2013 conference call. At this time, all participants are in a listen-only mode. This call is being recorded on behalf of […]
Tokyo: Toyota said yesterday net profit almost doubled to a record $5.64 billion for the three months to June, and said it was on track to produce over 10 million vehicles worldwide this year. The world’s biggest automaker has ramped up its bid to tap emerging markets while key US demand has also been on […]
