Manufacturing

Asian Stocks Fall On Weak China Data

Most of the Asian markets fell Wednesday amid increasing concerns over the slowdown in economic growth in China as the country's manufacturing activity grew at a slower pace in July compared to that in the previous month.

Pfizer Earnings Preview: Profit Down On Falling Sales

Pfizer Inc. (NYSE: PFE), the world's largest drug developer by revenue, is expected to report a decline in second-quarter profits on declining sales of its top-selling cholesterol drug Lipitor and generic competition for its glaucoma pill Zalatan.

Week Ahead: Asian Markets May Gain On Stimulus Hopes

Asian markets are expected to begin the week on upswing gains on the speculation of further stimulus measures from the central banks around the world to boost the fragile global economy. Most Asian markets ended last week on a negative note as investor confidence was weighed down by the mounting concerns over the euro zone debt crisis.

Critics To Mike Daisey: Power Down Steve Jobs Stage Show

The now-infamous theater monologist has reworked the purported expose on Apple manufacturing for a three-week run at the Woolly Mammoth Theatre in Washington, D.C. And it goes without saying that not everyone is happy about the reboot.

Apple Continues To Be World's Top OEM Semiconductor Buyer In 2012, Samsung Ranks Second

Apple is world's leading original equipment manufacturer (OEM) in terms of semiconductor purchasing in 2012, according to a latest report by the research firm iSuppli. The Cupertino tech giant has not only been ranked first in the list of top 10 OEM semiconductor buyers, but has also increased its buying at a faster rate than other top firms, solidifying its dominance over the chip market, the report said.

Crude Oil Futures Gain After China Data

Crude oil futures advanced Tuesday as fears over a sharp growth slowdown in the world’s second largest economy slightly eased after a report showed that Chinese factory activity in July grew at its fastest pace in five months.

Wipro Net Profit Up, Shares Drop On Week Forecast

Wipro Ltd, India's third largest IT services exporter, Tuesday reported a jump of 6.7 percent sequentially in its first quarter profits for the financial year 2012-13, aided by the strong demand for outsourcing services and the week Indian rupee.

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