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Industrials News

Stephen Volkmann, Machinery Analyst, Jefferies & Coplay

Deere lowers sales outlook; shares fall

Deere & Co issued a cautious fiscal-year outlook that sent its shares down more than 5 percent and overshadowed a rise in quarterly profit.

Posted on 5-15-2013 at 7:29 AM
Airbus 'more confident' on A350 as profits rise

Airbus 'more confident' on A350 as profits rise

Airbus expressed growing optimism about the schedule for the keenly-awaited maiden flight of its A350 on Tuesday, amid speculation that its first new jet in almost a decade could debut...

Posted on 5-14-2013 at 7:27 AM
 Randy Smallwood, CEO, Silver Wheatonplay

Silver Wheaton profit falls

Shares of Silver Wheaton Corp fell more than 3 percent on Monday after first-quarter earnings came in slightly below expectations and the company changed its dividend policy to tie the...

Posted on 5-13-2013 at 1:51 PM
Collapse in Brent-WTI oil spread spooks refiners, railways

Collapse in Brent-WTI oil spread spooks refiners, railways

After almost three years of churning bumper profits from the massive price gap between the world's two most actively traded crude oil contracts, traders, refiners, railways and investors...

Posted on 5-10-2013 at 1:24 PM
Chorus Aviation shares dive on dividend cut, results

Chorus Aviation shares dive on dividend cut, results

Chorus Aviation Inc. shares sank more than 21 percent on Friday after the contract carrier cut its dividend in half due an ongoing cost dispute with Air Canada, the country's biggest...

Posted on 5-10-2013 at 11:06 AM
Magna posts higher profit, raises 2013 sales outlook

Magna posts higher profit, raises 2013 sales outlook

Magna International Inc. posted profit of $369 million (US) in the first quarter, up from $343 million a year earlier.

Posted on 5-10-2013 at 8:23 AM
Ford tells shareholders to be patient about stock price

Ford tells shareholders to be patient about stock price

The executive chairman of Ford Motor Co asked for patience from investors who pressed him about the company's languishing stock price at the automaker's annual meeting on Thursday.

Posted on 5-09-2013 at 1:41 PM
SNC says executive VP of oil and gas unit leaving

SNC says executive VP of oil and gas unit leaving

SNC Lavalin Group Ltd, the country's largest engineering and construction firm, said on Thursday the acting executive vice president of its oil and gas unit, Ric Sorbo, is leaving to pursue...

Posted on 5-09-2013 at 10:52 AM

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