Timothy Main

Timothy Main News

Orders for U.S. Durable Goods Probably Slumped on Airplanes

Orders for U.S. durable goods probably plunged in August, reflecting a slump in demand for aircraft and slowing business investment, economists said before a report today.
Apple Supplier Jabil Circuit Drops on Margin Challenge

Jabil Circuit Inc. fell the most in more than a year after reporting profit that missed analysts’ estimates, a sign that higher spending to manufacture casings for Apple Inc.’s iPhone 5 is crimping margins.
JPMorgan Financials Investment Banking Chief to Take New Job

Timothy Main , who has run the JPMorgan Chase & Co. investment-banking unit for financial institutions in North America for nine years, plans to take a “senior” role elsewhere in the firm, the bank said in a memo.
U.S. Manufacturing Probably Grew Most in Seven Months, Propelling Economy

Manufacturing in the U.S. probably grew in December at the fastest pace in seven months, reinforcing signs the expansion gained momentum at the end of 2010, economists said before a report today.
U.S. Manufacturing Grows at Fastest Pace in Seven Months, Leading Recovery

Manufacturing in the U.S. expanded in December at the fastest pace in seven months, reinforcing signs the expansion is gaining momentum.
Economy Says Buy Stocks in Bernanke Research on Uncertainty From Stanford

Stanford University economics associate professor Nicholas Bloom knows just what to do when executives and investors don’t: Buy shares.
Need for QE2 Seen in Pausing Electronics Manufacturing Services

In the week before the Federal Reserve announced its $600 billion program to help spur the U.S. recovery, three makers of electronic equipment for companies such as Cisco Systems Inc. announced that demand for their products was weakening.
Orders to U.S. Factories Increase in Sign of Sustained Recovery

American factories unexpectedly received more orders in November, signaling that gains in consumer spending, business investment and exports will sustain the manufacturing recovery.
Expansion in U.S. Business Investment Affirmed By Jabil’s Sales

Jabil Circuit Inc.’s confirmation of its sales forecast of about $16.4 billion for the fiscal year ending Aug. 31 is a signal that U.S. business investment is maintaining its expansion.
Jabil Circuit Shows U.S. Capital Spending to `Catch Up': Chart of the Day

Jabil Circuit Inc., a Florida electronics manufacturer, says its sales will keep rising as customers “catch up” in upgrading equipment after holding off last year during the recession, a sign business investment will keep driving growth.