Mike Dewalt News
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Metso Oyj, a Finnish maker of rock crushers and paper machines, will seek to grow its service business through acquisitions, Chief Executive Officer Matti Kaehkoenen said.
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Xu Biao could sit in his office waiting for orders to roll in during a Chinese building boom two years ago. Now, he’s hitting the road trying to drum up business.
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Foreign direct investment in China fell to the lowest level in two years in July, fueling concern that waning confidence in the nation’s growth prospects may restrain any economic rebound.
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Restrained spending by consumers held growth in the U.S. economy to a 2.8% annual pace in the fourth quarter, slower than economists forecast while still the fastest pace in more than a year.
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Confidence among U.S. chief executive officers rose in the fourth quarter to the highest level in almost a year as their economic outlook and hiring plans improved, a private survey showed.
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Caterpillar Inc., the world’s largest construction and mining-equipment maker, posted lower- than-expected profit for the first time in 10 quarters after the Japanese earthquake reduced sales and manufacturing costs rose.
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Companies placed fewer orders for computers, machinery and other capital equipment in April for a second month, indicating manufacturing in the U.S. is cooling.
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Caterpillar Inc., the world’s largest maker of construction equipment, posted its first earnings increase in seven quarters, exceeding analysts’ estimates, as the global economy began to improve.
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Caterpillar Inc., the world’s largest maker of construction and mining machinery, says its long-term view of China remains positive as the country experiences growing pains.
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Caterpillar Inc., the largest maker of construction and mining equipment, has provided the best risk-adjusted return among its peers since financial markets hit bottom in 2009 as it made acquisitions and expanded in emerging markets such as China.
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