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Source Match Industrial News

Intense Greek talks for debt deal continue (AP)

IMF chief debt inspector Poul Thomsen member of the so-called troika of Greece's creditors — the European Union, the European Central Bank and the International Monetary Fund — leaves the prime minister's official residence after meeting with Greece's Prime Minister Lucas Papademos in Athens, Greece on Sunday, Feb. 5, 2012. The troika demanded tougher austerity measures, private sector pay cuts and firings of civil servants. At stake is a new euro130 billion ($171 billion) bailout deal without which Greece will default before the end of March.  (AP Photo.Kostas Tsironis)AP - Greece's coalition government leaders face mounting pressure from home and abroad to secure an agreement on strict austerity measures as they prepared for a second day of emergency talks.


Airline Industry Continues to Push for Consolidation

NEW YORK, NY-- - Airline stocks have been on fire this year. The Guggenheim Airline ETF, which seeks to represent a modified equal-dollar weighted index designed to measure the performance of highly capitalized ...

Sabre Launches Industry’s First Eco-Certified Hotel Program

Sabre Holdings, a global technology company for the travel industry, today announced the launch of its Sabre Eco-Certified Hotel Program, an industry first program that provides clear and easy access to sustainable travel offerings throughout Sabre’s portfolio.

German Factory Orders Increase on Demand From Abroad: Economy

German factory orders rose more than economists forecast in December as demand from outside the euro area helped its largest nation weather the sovereign debt crisis.

Pakistan factory collapses in gas blast, 5 dead, many trapped

LAHORE, Pakistan (Reuters) - A three-storey factory collapsed on Monday in the Pakistani city of Lahore after a gas explosion, killing at least five people and trapping dozens, emergency officials said. "The factory has completely collapsed and two houses next to it as well," an emergency official at the site told Reuters by telephone, adding that narrow streets was preventing heavy rescue ...

Romania PM Boc quits after protests (Reuters)

Reuters - Romanian Prime Minister Emil Boc resigned on Monday, giving way to mass protests against IMF-backed austerity measures and joining leaders of other European Union states felled by fury at spending cuts.

Google Earth Update Erases Underwater 'Atlantis' Error (LiveScience.com)

LiveScience.com - A Google Earth map that raised rumors of the lost city of Atlantis has gotten a much-needed update, ridding the seafloor of a gridlike pattern that some vigilant users suspected were sunken streets from the mythological underwater city.

Wanted: Mock Astronauts for Mission to Mars ... in Hawaii (SPACE.com)

SPACE.com - If you've ever dreamed of becoming an astronaut and have four months to spare, you might have the "right stuff" to fly to Mars … well, sort of.

Virgin Galactic's Private Spaceship Ramping Up Toward Passenger Flights (SPACE.com)

SPACE.com - LOS ANGELES, Calif. — This year is key for Virgin Galactic's bid to become the first commercial spaceliner service, as rocket-powered flights of its SpaceShipTwo are on the books for summer.

Music Instrument Industry Optimistic about 2012 Sales, GE Capital Survey Reveals

Participants in the music instrument industry are optimistic about growing sales in 2012 even as they acknowledge that consumer demand has been muted in recent years, according to

Stock futures dip on worries over Greece (Reuters)

Specialist trader Jason Hardzewicz (L) of Barclay's Capital gives prices to traders on the floor of the New York Stock Exchange February 3, 2012. REUTERS/Brendan McDermidReuters - Stock index futures fell on Monday, indicating the benchmark S&P 500 index could pull back after a five-week rally on concerns Greece will be unable to avoid a chaotic default as it tries to reach terms on a new bailout package.


Investment Industry Regulatory Organization of Canada Trading Halt – WON.P

Investment Industry Regulatory Organization of Canada Trading Halt – WON.P

Mitsubishi to stop making cars in Western Europe (AP)

AP - Mitsubishi Motors Corp. says it will stop building cars at its Netherlands factory — the company's only plant in Western Europe — at the end of 2012.

Hasbro 4Q net income dips 1 percent (AP)

Toys by Hasbro are displayed in New York, Sunday, Feb. 5, 2012. Hasbro Inc.'s fourth-quarter net income dipped 1 percent, pinched by softer-than-expected demand in the U.S. and Canada. (AP Photo/Seth Wenig)AP - Hasbro Inc.'s fourth-quarter profit slipped 1 percent, pinched by softer-than-expected demand in the U.S. and Canada and slow sales of games and puzzles.


Factory collapse in Pakistan kills 4, traps dozens

Rescue workers struggled to reach dozens of people trapped in the rubble of a factory that collapsed in an eastern Pakistani city Monday, killing at least four, officials said.

German Factory Orders Gained on Exports

German factory orders rose more than economists forecast in December as demand from outside the euro area helped its largest nation weather the sovereign debt crisis.

Industrial Leasing Rises, Will Rents?

SADDLE BROOK, NJ-A significant uptick in New Jersey industrial leasing is a sign that tenants are beginning to worry about rising rents, according to CBRE New Jersey's Fourth Quarter 2011 New Jersey Industrial MarketView Report.

China growth could halve if Europe crisis worsens: IMF (Reuters)

Reuters - China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil "significant" fiscal stimulus, the International Monetary Fund said.

Weyerhaeuser, Domtar Survive Late-2011 Drop in Pulp Prices, but Expect No Increase Soon, an Industrial Info News Alert

SUGAR LAND, TX-- - Researched by Industrial Info Resources -- Weyerhaeuser Company and Domtar Corporation , two of the largest North American forest product companies, reported revenues and profits for ...

German Factory Orders Gained in December on Demand From Abroad

German factory orders rose in December, driven solely by demand from outside the euro area.

Forecast for Canadian Chemical Industry Tops $1 Billion in 2012, an Industrial Info News Alert

SUGAR LAND, TX-- - Researched by Industrial Info Resources --Over the past several years plant owners in the Chemical Processing Industry of Canada have struggled with demand woes and a global recession. The effect of these struggles has been obvious with the annual value of CPI construction kickoffs ...

Greece lets another deadline slip in bailout poker (Reuters)

Prime Minister Lucas Papademos arrives at his office in Athens for a meeting with Greek political leaders February 5, 2012. REUTERS/Yiorgos KarahalisReuters - Greece let yet another deadline slip on Monday for responding to painful terms for a new EU/IMF bailout as patience in Brussels wore thin over drawn-out negotiations among its feuding political leaders.


Factory collapse in Pakistan kills 2, traps dozens

A three-story factory illegally set up in a residential area of an eastern Pakistani city collapsed Monday after several gas cylinders inside exploded, killing at least two people and trapping over 40 others in the rubble, officials said.

Brazil's Eletrobras to Invest $7.29 Billion in Energy Sector in 2012, an Industrial Info News Alert

CORDOBA, ARGENTINA-- - Researched by Industrial Info Resources Latin America -- In 2012, Centrais Eletricas Brasileiras plans to invest $7.29 billion in electrical energy generation , transmission and ...

Industry Experts Predict A Huge Growth In Online Video In 2012

LONDON, UNITED KINGDOM-- - The UK video advertising industry will see a major shift towards online video, according to industry experts. Daniel Ruch, the Chair of the IAB Video Council, the UK's largest ...

Ford Motor Company Begins Construction on $1.1 Billion Expansion in Missouri, an Industrial Info News Alert

SUGAR LAND, TX-- - Researched by Industrial Info Resources -- Ford Motor Company has begun construction in Kansas City, Missouri, on a $1.1 billion expansion of its Claycomo Assembly Plant. The expansion ...

Zacks Industry Outlook Highlights: Union Pacific, Kansas City Southern, CSX, Norfolk Southern and Canadian National ...

Zacks Industry Outlook Highlights: Union Pacific, Kansas City Southern, CSX, Norfolk Southern and Canadian National Railway

Rescuers dig to reach trapped in Philippines quake (AP)

CORRECTS MAGNITUDE - Bartolome Bautista, deputy director of Philippine Institute of Volcanology and Seismology (PHIVOLCS), points to the epicenter of the magnitude 6.8 earthquake which hit central Philippines on Monday Feb. 6, 2012 during a news conference at suburban Quezon city, northeast of Manila, Philippines. Officials said the quake in central Philippines killed at least five people as it destroyed buildings, triggered landslides that buried dozens of houses, trapping residents and listed 29 more as missing. (AP Photo/Bullit Marquez)AP - Rescuers dug with picks and shovels trying to reach dozens of people trapped under houses collapsed by a strong earthquake Monday that shook a central Philippine island and set off landslides.


Chevron rig burns off Nigeria as damage hits shore (AP)

AP - As a fire at a Chevron Corp. gas rig off Nigeria's coast continues to burn, locals say they're seeing signs of its effects on the environment and the health of those living nearby.

The nations weather (AP)

AP - Weather Underground Forecast for Monday, February 06, 2012.

GM aims for 10 percent profit margin over next few years: report (Reuters)

Reuters - General Motors aims to raise its profit margin to 10 percent over the next several years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told the Wall Street Journal in an interview.

Police raids highlight Italy's fight against tax evasion (Reuters)

Reuters - The two-man workshop close to the Vatican had been busy when tax police raided it last week, seizing about a million religious articles and souvenirs ranging from rosaries to images of Pope John Paul II.

Deadly blast at Pakistan factory

A three-story factory collapsed on Monday in Lahore after a gas explosion, killing at least three people and trapping dozens, emergency officials said.

Factory collapse in Pakistan traps over 40

ISLAMABAD – A three-story factory illegally set up in a residential area of an eastern Pakistani city collapsed Monday after several gas cylinders inside exploded, killing at least two people and trapping over 40 others in the rubble, officials said.

Insight: Two firms flourish in frenzied MF Global aftermath (Reuters)

Reuters - The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains from the chaos of carving up a multibillion-dollar business.

Factory collapse in Pakistan kills 1, traps 40

A rescue official says a three-story factory building has collapsed in a city in eastern Pakistan, killing at least one person and trapping around 40 others.

China bars its airlines from paying EU carbon tax (AP)

AP - China announced Monday it will prohibit its airlines from paying European Union charges on carbon emissions, ratcheting up a global dispute over the cost of combatting climate change.

Sierra Club Received Millions from Natural Gas Industry (ContributorNetwork)

ContributorNetwork - According to a blog post from Sierra Club Executive Director Michael Brune, the environmentalist organization accepted millions of donated dollars from the natural gas industry to fight against coal-fired plants nationwide. Here are the details.

Industry wants e-health records delayed

The federal government's roll-out of e-health records should be delayed and the body in charge of managing the system investigated, key stakeholders say.

Carnage in Japan's Electronics Industry: Is the Unthinkable now Thinkable?

A few posts ago I wrote that ?winning? in global auto industry competition is a ?must? for Japan?s auto makers.    But can Japan afford for its legendary electronics companies to lose?  Alarmingly, this unthinkable thought is becoming thinkable.  The real question now is whether such a disaster is inevitable.

Fire at Moscow nuclear institute, Russia says no risk (Reuters)

Reuters - There was no risk of a radiation leak after a fire broke out at a Moscow nuclear research center housing a non-operational 60-year-old atomic reactor Sunday, said officials, but Greenpeace Russia expressed serious concern about the incident.

France says Greek PSI talks going "relatively well" (Reuters)

Reuters - France's finance minister said on Sunday talks were moving "relatively well" on the private sector portion of a Greek bailout, but discussions designed to bring its debt down to 120 pct of GDP level by 2020 were difficult.

Clinton urges Bulgaria to be energy independent (AP)

U.S. Secretary of State Hillary Rodham  Clinton speaks during a press conference at the 48th Munich Security Conference in Munich, southern Germany, on Saturday Feb.  4, 2012. The Security Conference is a three-day event bringing together top defence and diplomacy officials from around the world discussing the winding down of the NATO engagement in Afghanistan and other looming challenges.  (AP Photo/Jim Watson,Pool)AP - U.S. Secretary of State Hillary Rodham Clinton is in Bulgaria, urging the country to break its energy dependence on Russia by diversifying its oil and gas supplies.


Romney focuses on Obama, Gingrich on Romney in NV (AP)

Republican presidential candidate, former House Speaker Newt Gingrich speaks at Stoney's Rockin Country, Friday, Feb. 3, 2012, in Las Vegas, Nev.  (AP Photo/Evan Vucci)AP - A confident Mitt Romney accused President Barack Obama of failing to do enough to create jobs as he campaigned Friday ahead of GOP presidential caucuses this weekend in a state with sky-high unemployment and foreclosure rates. Newt Gingrich, who is fighting for a respectable showing here, rolled out a fresh line of criticism by comparing the former Massachusetts governor to Obama.


New York sues banks over electronic mortgage system (Reuters)

Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.

Railroad Industry Stock Outlook - Feb. 2012

Solid commodities volumes, effective cost management, and improved rail efficiency have helped U.S railroads to continue their strong performance.

Analysis: Stock-picking makes a comeback as macro tides fade (Reuters)

Reuters - Stock-picking once again matters on Wall Street.

New map pinpoints Lyme disease risk areas (AP)

This map released by the Yale School of Public Health on Friday, Feb. 3, 2012 shows a map which indicates areas of the eastern United States where people have the highest risk of contracting Lyme disease based on data from 2004-2007. Researchers dragged sheets of fabric through the woods to snag ticks for the survey. The map shows a clear risk across much of the Northeast, from Maine to northern Virginia. Researchers at Yale University also identified a high-risk region across most of Wisconsin, northern Minnesota and a sliver of northern Illinois. Areas highlighted as 'emerging risk' regions include the Illinois-Indiana border, the New York-Vermont border, southwestern Michigan and eastern North Dakota. (AP Graphic/Yale School of Public Health, Maria Diuk-Wasser)AP - Researchers who spent three years dragging sheets of fabric through the woods to snag ticks have created a detailed map they claim could improve prevention, diagnosis and treatment of Lyme disease.


Economic study: Va. wine industry growing

Virginia's growing wine industry seems to be bearing fruit, according to an economic impact study released by Gov. Bob McDonnell's office Thursday.

Factory orders up, business spending rises

WASHINGTON (Reuters) - New orders for U.S. factory-made products posted a second straight monthly rise in December and business capital spending also picked up, a government report on Friday showed. The Commerce Department said orders for manufactured goods increased 1.1 percent, slightly below Wall Street economist's forecast for a 1.5 percent gain. But November's gain was revised up to 2.2 ...
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