Manufacturing
Ear to the Ground on UTX-Raytheon: What Needs to Happen for the Deal to Close
Shareholders are skittish about this deal, one analyst said. See why they shouldn't be.
5 Jobs Disappearing Due to the Rise of the Robots
About 20 million manufacturing jobs across the world will be taken over by robots by 2030, according to Oxford Economics.
Manufacturers Slip Again as Durable-Goods Orders Fall for Third Month in Four
New orders for manufactured durable goods slipped by 1.3% in May to $243.4 billion, the U.S. Census Bureau reports. Economists had forecast no change during the month.
Investors Put Brakes on Wabtec Following Analyst Downgrade
Shares of Wabtec skid after the company receives an analyst downgrade amid weaker-than-anticipated North American freight rail fundamentals.
Jana Partners Amasses Stake in Axalta Coating Systems - Report
Activist investor Jana Partners has built up a position in paint-coating maker and supplier Axalta Coating Systems amid the company's recent announcement that it is undergoing a 'strategic review.'
Commercial Metals Soars After It Crushes Earnings Estimates
Commercial Metals cites strong construction activity for the big earnings beat.
Steelcase Shares Fall After Earnings Disappoint
Executives at the Grand Rapids, Mich.-based office furniture maker blamed the results on orders coming in later than expected, requests for delivery extensions and a shortage of workers in a tight labor market.
Stock of the Day: United Technologies (UTX)
United Technologies is Real Money's Stock of the Day. The industrial conglomerate agreed to an all stock merger of equals with defense contractor Raytheon. Real Money reporter Kevin Curran breaks down what investors need to be following regarding the deal.
DowDuPont Falls After Saying It Will Book Impairment Charge Up to $1.3 Billion
A drop in ethanol prices coupled with weak demand for its biomaterial products were major factors in the asset write-down, the company says.
Auto-Dealer Lots Are Full of SUVs and That's Bad for the U.S. Economy
Auto-dealer inventories, especially for light trucks and SUVs, are so high in historical terms that they're likely to provide a drag on the U.S. economy this year, Bank of America economists warn in a new report. Vehicle manufacturers like Ford and GM may have have to slow down their assembly lines.