International Business News - TEX http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of most machinery companies fell Friday, along with the broader market, as worries about a new record for oil prices outweighed a surprising jump in new home construction. http://www.ibtimes.com/articles/20080516/opening-glance-machinery.htm Fri, 16 May 2008 10:59:28 EDT Shares of machinery companies fluctuated in early trading Thursday after the release of reports showing a modest increase in jobless claims and weakness in the manufacturing sector. http://www.ibtimes.com/articles/20080515/opening-glance-machinery-stocks-waver.htm Thu, 15 May 2008 10:51:31 EDT Shares of machinery companies wavered Wednesday following a disappointing profit outlook from Deere & Co. The farm equipment company said its second-quarter profit rose 22 percent, but warned that rising material costs could cut into its profit in coming months. http://www.ibtimes.com/articles/20080514/closing-glance-machinery-stocks-mostly-decline.htm Wed, 14 May 2008 17:10:39 EDT Shares of machinery companies fell in early trading Friday, as oil prices rose above $126 a barrel for the first time before giving back some of its advance. http://www.ibtimes.com/articles/20080509/opening-glance-machinery-shares-fall-as-oil-prices-rise.htm Fri, 09 May 2008 10:54:49 EDT Shares of machinery companies fell Tuesday along with the broader market on disappointing earnings news and a jump in oil prices. Government-sponsored mortgage company Fannie Mae, homebuilder D.R. Horton Inc. and Swiss bank UBS all reported quarterly losses. Meanwhile, crude oil rose to a record $121.49 on the New York Mercantile Exchange, marking the first time oil has traded above $121. http://www.ibtimes.com/articles/20080506/opening-glance-machinery-stocks-fall.htm Tue, 06 May 2008 10:40:57 EDT Shares of machinery companies closed down slightly Monday after oil prices rose to a new record above $120 a barrel. Crude oil futures for June delivery surged to a new trading high of $120.21 a barrel on the New York Mercantile Exchange before pulling back. The jump followed news of an attack on a Nigerian oil facility. http://www.ibtimes.com/articles/20080505/closing-glance-machinery-close-lower-as-oil-prices-climb.htm Mon, 05 May 2008 17:01:50 EDT Shares of machinery companies lacked direction morning trading Monday despite a better-than-expected reading on the service sector. The Institute for Supply Management said its April index of nonmanufacturing activity rose to 52 from 49.6 in March. A reading above 50 signals economic expansion and analysts had expected the figure would come in at 49.3. http://www.ibtimes.com/articles/20080505/opening-glance-machinery-shares-lack-direction.htm Mon, 05 May 2008 10:51:56 EDT Shares of machinery companies rose in early trading Friday, along with the bulk of the market, after the release of a report showing factory orders increased in March following two months of declines. http://www.ibtimes.com/articles/20080502/opening-glance-machinery-shares-rise.htm Fri, 02 May 2008 10:51:25 EDT Shares of machinery companies fell in early trading Tuesday, along with the overall market, following the release of reports showing drops in consumer confidence and housing prices. http://www.ibtimes.com/articles/20080429/opening-glance-machinery-stocks-fall-with-broader-market.htm Tue, 29 Apr 2008 10:36:06 EDT Shares of machinery companies rose slightly in early trading Monday, while the bulk of the market fluctuated, as investors weighed several possible deals, including billionaire investor Kirk Kerkorian's plans to make an offer that would expand his stake in Ford Motor Co. to 5.6 percent. http://www.ibtimes.com/articles/20080428/opening-glance-machinery-shares-rise-in-early-trading.htm Mon, 28 Apr 2008 10:25:02 EDT Shares of machinery companies closed up Friday, along with the overall market, overcoming investors' worries about consumer confidence and inflation. Here's how some machinery stocks closed up Friday: http://www.ibtimes.com/articles/20080425/closing-glance-machinery-stocks-close-up.htm Fri, 25 Apr 2008 16:40:01 EDT Shares of machinery companies fluctuated in early trading Friday, as an advance by the overall market disappeared after a consumer sentiment reading fell to its lowest level in more than 25 years. http://www.ibtimes.com/articles/20080425/opening-glance-machinery-stocks-fluctuate-in-early-trading.htm Fri, 25 Apr 2008 09:44:21 EDT Shares of machinery companies closed down slightly Wednesday, after a session of fluctuating oil prices. Oil initially pulled back but then rebounded again, as the government reported a rise in crude-oil inventories but a drop in gasoline stockpiles. http://www.ibtimes.com/articles/20080423/closing-glance-machinery-stocks-close-down-on-oil-worries.htm Wed, 23 Apr 2008 16:39:36 EDT Shares of machinery companies fluctuated and then turned down in early trading, as the broader market wavered after a mixed assortment of first-quarter earnings results. http://www.ibtimes.com/articles/20080423/opening-glance-machinery-stocks-fall-in-morning-trading.htm Wed, 23 Apr 2008 10:22:07 EDT Heavy-equipment company Terex Corp. said Monday that it acquired Hydra Platforms Mfg. Inc., which makes equipment for working on and inspecting the undersides of bridges. http://www.ibtimes.com/articles/20080421/terex-buys-hydra-platforms-for-undisclosed-sum.htm Mon, 21 Apr 2008 12:21:12 EDT Shares of machinery companies fell Monday, as the overall market pulled back after a weaker-than-expected profit report from Bank of America Corp. stirred concerns about the health of corporate earnings. http://www.ibtimes.com/articles/20080421/opening-glance-machinery.htm Mon, 21 Apr 2008 10:55:07 EDT Shares of Caterpillar Inc. climbed Friday after the heavy equipment maker reported first-quarter earnings well above Wall Street's expectations and maintained its outlook for the year despite a slow... http://www.ibtimes.com/articles/20080418/caterpillar-shares-boosted-by-better-than-expected-1q-report.htm Fri, 18 Apr 2008 12:35:52 EDT The massive cranes slicing the skies over Brazil, Dubai and China can't come off the assembly lines fast enough at Manitowoc Co.'s manufacturing plants here and overseas. http://www.ibtimes.com/articles/20080420/despite-export-boom-manufacturers-cautious-about-job-growth.htm Sun, 20 Apr 2008 14:11:50 EDT Shares of machinery companies closed up Tuesday, along with the broader market, after investors digested a mixed batch of data that included a rebound in New York manufacturing, signs of rising infla... http://www.ibtimes.com/articles/20080415/closing-glance-machinery-stocks-mostly-rise-with-market.htm Tue, 15 Apr 2008 16:55:51 EDT The chairman and chief executive of construction equipment maker Terex Corp. received compensation valued at $9 million in 2007, a 66 percent decline from a year earlier, according to a filing Tuesda... http://www.ibtimes.com/articles/20080401/terex-ceo-gets-9-million-in-2007-pay.htm Tue, 01 Apr 2008 11:35:15 EDT