Sales increased 5% versus April 2013. Results for the month included 1 percentage point from acquisitions, net of dispositions, and a 1 percentage point decline from unfavorable foreign exchange.
"We must boost our confidence, adapt to the new normal condition based on the characteristics of China's economic growth in the current phase and stay cool-minded," China's President Xi Jinping said, according to the official Xinhua News Agency.
March U.S. manufacturing technology orders totaled $492.78 million according to AMT. This total was up 38.5% from February and up 2.9% when compared with the total of $479.04 million reported for March 2013.
United Electric Supply Company announced the purchase of County Electric and its subsidiaries, ESCO and I/O in Pennsylvania and Fairlite Electric in New Jersey.
“We look forward to welcoming the Westex team to Milliken & Company,” said Jeff Price, president, specialty fabrics division, Milliken & Company. “As we look to the future, we are committed to changing the experience for industrial workers with FR innovations that further improve comfort and productivity.”
Sunday delivery is available to all Amazon customers for no extra charge. If it is available in a customers' region, notice of the service will appear at checkout.
Headquartered in Charlottesville, VA, VEC will now have six full service locations: Charlottesville, Lynchburg, Roanoke, Raleigh, Kernersville, and Ashland.
The House voted Friday to make permanent a tax credit that rewards businesses for investing in research and development, adding $156 billion to the budget deficit over the next decade.
Public policy uncertainty can cause economic distress, make businesses pull back on investment, and have adverse effects on job creation, according to a new report from the Manufacturers Alliance for Productivity and Innovation (MAPI).
Germany's trade surplus narrowed in March as a drop in exports from Europe's largest economy outpaced a drop in imports.
The Dow Jones industrial average slipped 44 points, or 0.3%, to 16,505 in the first few minutes of trading Friday.
U.S. wholesale businesses increased their stockpiles in March by the largest amount in five months while sales increased at the fastest clip in 10 months.
China's Alibaba Group, which is readying for a big U.S. initial public offering, is known as an e-commerce titan, but it's been busily expanding into other rising industries. Here's a closer look at those businesses, which include cloud computing, mobile messaging, and investments in online video, social media, as well as bricks and mortar retail and delivery networks.
William (Bill) Aisenberg has joined the Company as its EVP and CFO, and, Scott Furash has joined the Company as VP of Global Sourcing. The company also reported Net Sales for the first quarter of 2014 of $5.1 million, a decrease of 4.5% from the first quarter total of $5.3 million for 2013.
Paul Isabella, the company’s President and CEO, stated: “Severe winter weather that ranked among the 10 coldest on record in many states across the upper Midwest to the Southeast had a significant impact on our results this quarter."
"Our company reported a second consecutive profitable quarter," stated Signature's Chairman and CEO Craig Bouchard. "With our corporate cost structure now aligned with our current operating size, we are focused on the future."
Net income for the quarter was $11.3 million, a 42.5% increase from the first quarter of 2013.
The drop follows two weeks of increases that reflected mostly temporary layoffs around the Easter holiday. The holiday can cause an uptick in layoffs of bus drivers, cafeteria workers and other school workers during spring break.
Senate Majority Leader Harry Reid, D-Nev., used a parliamentary maneuver to block a bid by pipeline supporters to include the pipeline measure in an energy efficiency bill moving forward in the Senate. Republicans also were seeking an amendment to prevent the Environmental Protection Agency from imposing new greenhouse gas regulations on coal-burning power plants.
In this latest analysis, Frost & Sullivan details 12 new mega trends that will drive growth and innovation in the world. “We at the Visionary Innovation team scout and track new Mega Trends that will transform the world as we know it,” said Archana Amarnath, Programme Manager, Visionary Innovation Research Group.