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Price rises at Cummins
FURTHER evidence that some of the construction industrys major suppliers are feeling the strain of the economic downturn emerged today, with Cummins announcing it is planning to increase the price of its power generation equipment from January 1, 2009.more
ABB bags USD 34 million order from
AzerEnerji It is reported that ABB bagged an order worth USD 34 million orders from Azerbaijan's state power utility, AzerEnerji to supply turnkey substations and power systems. ABB will deliver air and gas-insulated substations and two units ofmore
Siemens IT names John E. Evers Jr. President and CEO
? Siemens IT Solutions and Services (SIS) named John E. Evers Jr. President and Chief Executive Officer of its business in the U.S. and Canada, effective November 10, 2008. His position will be based in Norwalk, Connecticut. Mr. Evers, 47, will bemore
ABB System 800xA to automate waste management in Australia
- Designed and engineered by Australian company AnaeCo, the first installation of this patented technology known as DiCOM is currently under construction at a municipal waste transfer station in Shenton Park, a suburb of Perth, Australia?s fourthmore
Invensys unit wins GBP 123 mln signalling contract in Singapore - Update
Invensys PLC (ISYS.L) announced that Westinghouse Brake & Signal Holdings Ltd., a part of Invensys Rail Group, received a contract from the Land Transport Authority of Singapore, valued at about GBP 123 million, to install signalling on Singapore's newmore
Britain's motor groups plead for aid
BRITAINs beleaguered carmakers are to ask Lord Mandelson, the business secretary, for a package of measures to help boost demand and safeguard manufacturing jobs. They want ministers to scrap plans to raise vehicle excise duty and will ask for subsidiesmore
GE Volunteers Phils.: It's all about making a difference
There is more to business than sales and profits. At GE (General Electric), there are more than 131 GE Volunteer Councils located in more than 38 countries worldwide, each responsible for addressing serious social issues facing their communities. GEmore
Motor groups plead for aid
BRITAINs beleaguered carmakers are to ask Lord Mandelson, the business secretary, for a package of measures to help boost demand and safeguard manufacturing jobs. They want ministers to scrap plans to raise vehicle excise duty and will ask for subsidiesmore
Siemens to Supply Power Plant Components to Israel
Siemens Energy has received an order from the state-owned Israeli utility Israel Electric Corp. (IEC) for the supply of components for three gas turbine power plants. The order also contains an option for the supply of components for another powermore
Fluor Net Surges 95%, Disney Net Drops 13%
10:00AM New York - Bebe stores, Inc sales rose 1% and net income fell 27%. California Pizza Kitchen, Inc revenue rose 7.3% and net income rose 257%. Dolby Laboratories, Inc revenue rose 26% and net income rose 10%. Bebe stores, inc, women''s apparelmore
Tate & Lyle Net Plunges; Invensys Net Up
350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses - 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reportsmore
Nokia Siemens to set up new R&D centre
0:00 IST Nokia Siemens Networks has announced that it is setting up a new development centre in Bangalore next year to augment its capacity in the city. The company said on Thursday that its Bangalore Development Centre (BDC) has witnessed steady growthmore
Siemens to supply power plant components to Israel
Siemens Energy said it has received an order from state-owned Israeli utility Israel Electric Corp (IEC) for the supply of components for three gas turbine power plants. The order also contains an option for the supply of components for another powermore
Fluor Reports 95 Percent Increase in Third Quarter Earnings and $8.8 Billion in New Awards
Backlog up 31 Percent to $36.5 Billion 2008 EPS Guidance Narrowed to Range of $3.70 - $3.80 2009 EPS Guidance Issued at Range of $3.90 - $4.20 Per Share IRVING, Texas-- (BUSINESS WIRE) -- Fluor Corporation (NYSE: FLR) announced financial results for itsmore
Cummins Power Generation announces ...
Cummins Power Generation, a division of Cummins Inc. (NYSE: CMI), announces price increases for its commercial generator set products between 15 kW and 2700 kW. Prices of generator sets and transfer switches in North America will rise between 2 and 7more
Fluor (FLR) NewsBite - Q3 Profit Boosts FLR
Fluor (NYSE: FLR) opened at $38.85. So far today, the stock has hit a low of $38.67 and a high of $42.49. FLR is now trading at $42.44, up $8.43 (24.79%). Over the last 52 weeks the stock has ranged from a low of $28.92 to a high of $101.36. FLR sharesmore
Engineering firm joins Nakheel on km-high tower
Engineering firm Norman Disney and Young (NDY) will launch a Dubai office and will work on the landmark Nakheel Harbour and Tower project in Dubai, the company has said. NDY is expected to provide mechanical, electrical, fire and hydraulic services formore
Ovum on Fujitsu to Buyout Siemens Stake
Fujitsu is to acquire Siemens' 50 percent stake in the Fujitsu Siemens Computers (FSC) joint venture for $573 million. FSC was established by the two companies on October 1 1999 and brought together their European computer businesses. From a Fujitsumore
Caterpillar Equipment Tracking and Management Systems Now Standard
Caterpillar now equips most of its new core, mining and industrial machines with EquipmentManager and Product Link ? the remote asset management solution developed by Caterpillar. The remote tracking and management system will be a standard feature inmore
CR Magnetics Inc. : 5 AMP CURRENT TRANSFORMERS
CR Magnetics, Inc. has introduced New Technology Current Transformers specifically designed for 5 Amp and 1 Amp secondary output current and power monitoring applications. New advanced materials combined with state-of-the-art manufacturing systems andmore
Honeywell announces winners of student competition focused on process industry innovation
Honeywell announced the winners of a competition to advance innovation in the areas of process simulation and wireless technologies. Anne Muller from University of Dresden, Germany, won the process simulation category and Mohamed Abdul Galeel Salihmore
Fluor Corp. Q3 2008
Fluor Corporation (FLR) Executives Ken Lockwood - VP, Corporate Finance and IR Alan Boeckmann - Chairman and CEO Michael Steuert - SVP and CFO Analysts Jamie Cook ? Credit Suisse Barry Bannister - Stifel Nicolaus Michael Dudas - Jefferies Andymore
Everest Babcock still reviewing position
Source: News BitesEverest Babcock & Brown Alternative Investment Group said on November 7 that it continued to consider strategic partnerships with institutions and funds management businesses both in Australia and internationally.The company said it wasmore
Lenovo Said to Acquire Fujitsu-Siemens Computers
(SinoCast China IT Watch via COMTEX) -- Chinese personal computer manufacturer Lenovo Group Limited (SEHK: 0992 and OTC: LNVGY) is expected to become the sole shareholder of Fujitsu Siemens Computers (Holding) BV in the long run. Fujitsu Siemensmore
Siemens Recognized for Diversity
/PRNewswire-FirstCall via COMTEX/ -- Three U.S. Siemens Executives Awarded CEO Diversity Leadership Award from Diversity Best Practices Diversity Best Practices, a subsidiary of Working Mother Media, has named three U.S. Siemens executives among the 2008more
Fujitsu Set to Acquire Siemens' Stake in JV
) The Japanese electronics conglomerate Fujitsu said Tuesday that it would buy the 50 percent stake that Siemens holds in their computer joint venture, with the aim of increasing its presence overseas. Fujitsu said it hoped the euro 450 million, or $574more