Closing Glance: Heavy engineering ends higher Shares of heavy engineering companies finished higher Friday, though broader markets were mixed following reports that crude prices set another record near $128 a barrel and consumer confidence plunged to a 28-year low. 16 May 2008
562.
Closing Glance: Rails, shippers gyrate as oil up Shares of railroads hit highs in early trading Friday, as investors reacted to a trade group report that said freight traffic rose last week, as oil prices soared to close over $126 a barrel after flirting with $128 earlier in the day. 16 May 2008
563.
Closing Glance: Aerospace and Defense Shares of aerospace and defense companies fell Friday as the broader market moved modestly lower, as oil prices again closed at a record high, tempering positive news that new home construction jumped in April. 16 May 2008
564.
Sector Wrap: Drybulk index hits another high Shares of drybulk shippers sailed higher Friday, as key index measuring drybulk ship activity blasted through an all-time high for the second consecutive day. 16 May 2008
565.
Workers, Ky. officials face uncertainty over GE operation They hung on during years of downsizing, but now the few thousand people working at GE's sprawling Appliance Park face even greater uncertainty with the company's plans to sell or spin off its appliance business. 16 May 2008
566.
Hexcel's 10 board nominees elected as directors Aerospace supplier Hexcel Corp. said Friday that all 10 nominees recommended by the company's board were elected as directors at the company's annual meeting on May 8. 16 May 2008
567.
GE appliance sale a modest negative for Whirlpool General Electric Co.'s plans to sell or spin off its appliance business is a modest negative for Whirlpool Corp., an analyst said Friday, as it could potentially form a more aggressive competitor. 16 May 2008
568.
Coal region county mulls unthinkable: switch to gas Hard coal built this area of eastern Pennsylvania into an economic powerhouse in the 1800s and early 1900s, and helped fuel the nation's industrial revolution. Even today, it's hard to find a native who doesn't have roots underground. 16 May 2008
569.
General Dynamics division gets $38M Navy contract A division of General Dynamics Corp. has won a $38 million Navy contract boost to perform maintenance, repair and other work on the USS Hawaii Virginia-class submarine, the Defense Department said late Thursday. 16 May 2008
570.
ADRs in Focus: Cemex ADRs climb U.S.-traded shares of Cemex SAB de CV rose on Friday after an analyst reiterated his "Buy" rating on the Mexican cement and building materials maker, saying the company's ability to generate cashflow is far from solely dependent on the U.S. building market. 16 May 2008
0.31%QQQQ 43.45 
0.48%XLF 21.74 
