Source Match Industrial News
BOJ's Kuroda says pain from bond yield rise is manageable
By Leika Kihara TOKYO (Reuters) - Bank of Japan Governor
Haruhiko Kuroda said the country's financial institutions have
sufficient buffers against losses they may incur from rises in bond
yields, as long as the market moves are driven by prospects of an
economic recovery. The central bank will also be vigilant to any
signs of overheating of asset prices or excessive risk-taking by
financial institutions, the BOJ chief said, adding that there were
no signs of that now. ...
North Jersey industrial market sees uptick
Blackstone notifies Cohen's SAC it intends to pull money: pension consultant
By Matthew Goldstein (Reuters) - Billionaire hedge fund manager
Steven A. Cohen is losing the financial support of Blackstone Group
Inc, the largest outside investor in his embattled SAC Capital
Advisors, which is yanking much of its client money, according to a
letter reviewed by Reuters. A pension consultant, in a May 21
letter to clients, said Blackstone has notified Cohen that it
intends to "fully redeem" a significant portion of the roughly $550
million the investment firm has invested with the $15 billion hedge
fund. ...
Automaker Tesla takes fight to North Carolina
Vintage Apple computer auctioned off for $668,000
Obamacare Will Bring Drug Industry $35 Billion In Profits
Industrial effluents turn into a trap for Antelopes in Rajasthan
Chinese premier criticizes EU move on trade measures
SHANGHAI (Reuters) - Chinese Premier Li Keqiang criticized the
European Union over its plans to investigate alleged
anti-competitive behavior by Chinese mobile telecom equipment
makers and to impose punitive import duties on solar panels from
China, state media reported. The official Xinhua news agency
reported late on Friday that Li had told business leaders in
Switzerland such measures would "harm others without benefiting
oneself". Li is the most senior Chinese official to comment on the
troublesome issue so far. ...
Durable goods orders point to factory resilience
News Corp to take charge of up to $1.4 billion this quarter
By Jennifer Saba (Reuters) - News Corp said on Friday it will
write down the value of its Australian and U.S. publishing assets
by up to $1.4 billion, as the company prepares to split its
business between its newspaper and entertainment operations. The
company said the goodwill impairment charge was primarily for its
Australia newspapers though it gave no more details. It also said
it expected reduced cash flows in the future. The charge will be
taken in the quarter ending June 30 and could effectively wipe out
News Corp's profit. ...
Lobbying in American-US Airways deal focuses on small cities
By Karen Jacobs (Reuters) - US Airways Group and American
Airlines , seeking approval for a merger that would create the
world's largest airline, are warning lawmakers that a requirement
to divest certain airport slots would lead to less service for
small and medium-sized cities, sources close to the effort told
Reuters. The airlines may be required to shed slots Washington's
Reagan National Airport to prevent market domination. There is
concern that those slots could go to rivals, such as JetBlue
Airways , which would likely use them for flights to major cities.
...
Ex-Virginia bank executives guilty in financial crisis case
FDA warns of infections tied to Tennessee pharmacy
Exclusive: In surprise, General Growth eyes New York office tower
By Ilaina Jonas NEW YORK (Reuters) - General Growth Properties
Inc has paired with Brookfield Office Properties Inc to bid for an
expensive New York building in what could mark the No. 2 U.S. mall
owner's entry into a new segment of the retail real estate market,
according to two sources familiar with the deal. Bids for the
27-story office and retail building at 650 Madison Avenue, one of
the toniest shopping and office districts in Manhattan, could
exceed $1.3 billion, the sources said. Other bidders include
Vornado Realty Trust , one of the sources said. ...
Visa, Mastercard ask U.S. court to declare card fees are lawful
By Jessica Dye NEW YORK (Reuters) - Visa Inc and MasterCard
Inc, opening another front in an eight-year battle over credit card
fees paid by retailers, on Friday asked a federal judge to declare
that the fees do not violate antitrust law. The lawsuit seeks to
give the card companies legal ammunition against some retailers who
are trying to opt out a proposed settlement under which they would
receive a share of $7.2 billion in cash and fee discounts from the
card companies. ...
Yahoo joins growing list of bidders for Hulu: sources
By Ronald Grover and Greg Roumeliotis LOS ANGELES/NEW YORK
(Reuters) - Yahoo Inc has submitted a formal proposal to buy Hulu,
joining a growing list of bidders for the video service owned by
News Corp and Walt Disney Co, two sources with knowledge of the bid
told Reuters on Friday. Yahoo just this week announced a $1.1
billion acquisition of blogging service Tumblr. It now joins rival
bidders for Hulu, including Time Warner Cable Inc, DirecTV, former
News Corp president Peter Chernin and Guggenheim Digital Media,
sources have said. It is unclear how much the Internet company bid.
...
Research and Markets: China Forfex And Similar Daily Metal Tool Manufacturing Industry, 2013
Research and Markets: China Gas Compressor Manufacturing Industry, 2013
Alcoa Named Aluminum Industry Leader for 2013
Research and Markets: China Refrigerant Compressor Industry Report, 2013-2016
Zacks Industry Outlook Highlights: Deere & Co., Caterpillar, CNH Global, AGCO and Kubota
Factory fire crews dampen down
Mexico's Thirst for Natural Gas Continues to Increase, an Industrial Info News Alert
Agra's industrial growth halts, labour migrates
Video: Victim of Bangladesh factory collapse shares story
Survivor of Bangladesh factory building collapse speaks out
Reporter's notebook: Undercover in a Bangladesh garment factory
The Cheesecake Factory to Present at Investment Conferences
Rocky Mountain Chocolate Factory, Inc. Reports FY2013 Operating Results
BiTMICRO® Introduces Ace Drive I-Series SATA SSDs for Industrial Applications
China factory activity shrinks for first time in seven months: flash PMI
CBS News goes undercover in a Bangladesh clothing factory