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Industrials News

Magna auto plant resumes production after blast

Magna auto plant resumes production after blast

Magna International Inc. said on Wednesday it is resuming operations at a Toronto-area auto parts plant that was earlier shut down by an explosion and fire that injured nine people

Posted on 5-01-2013 at 3:29 PM
Canada April sales rise for Detroit carmakers

Canada April sales rise for Detroit carmakers

Canadian sales rose for the three Detroit automakers, led by strong sales for pickup trucks.

Posted on 5-01-2013 at 3:18 PM
David Amsellem, analyst, Piper Jaffrayplay

Merger of Valeant, Actavis on hold: Report

A proposed merger of Valeant Pharmaceuticals International Inc. and Actavis Inc. was put on hold after the two drugmakers failed to agree on terms of a deal that would have created a...

Posted on 4-29-2013 at 8:16 AM
Ron Babin, Professor, Ted Rogers School of Management, Ryerson University and Colin Busby, Senior Policy Analyst, C.D. Howe Instituteplay

Government tightens rules for temporary foreign workers

The Conservative government announced tighter rules on Monday to prevent employers from using its temporary foreign worker program to squeeze Canadians out of jobs, acting after two...

Posted on 4-29-2013 at 4:39 PM
Jessica Caldwell, Senior Analyst, Edmunds.complay

Chrysler sales slump ahead of new model launches

Carmaker Fiat'sfirst quarter profit slumped more than expected as its U.S. unit Chrysler's sales suffered from the phase out of the Jeep Liberty pending a new model launch.

Posted on 4-29-2013 at 1:59 PM
Goodyear posts stronger-than-expected profit

Goodyear posts stronger-than-expected profit

Goodyear Tire & Rubber Co. posted on Friday a stronger-than-expected quarterly profit as record results in North America and Asia offset weakness in Europe.

Posted on 4-26-2013 at 8:28 AM
3M cuts outlook on slipping demand, forex

3M cuts outlook on slipping demand, forex

Diversified U.S. manufacturer 3M Co. slashed its 2013 profit forecast on Thursday, saying weakening demand and foreign currency fluctuations hurt results more than expected.

Posted on 4-25-2013 at 9:39 AM
Dow Chemical tops estimates on farm products jump

Dow Chemical tops estimates on farm products jump

Dow Chemical Co.'s first-quarter earnings beat analysts' estimates, helped by higher demand for its seeds and crop-protection chemicals in the Americas.

Posted on 4-25-2013 at 9:20 AM

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