CHICAGO - The top executive at Eaton Corp said on Friday he expects U.S. industrial output to rebound in the second half of the year after underperforming the wider economy yet again in the first quarter.
No signs of housing reversal, execs say
CHICAGO - An ongoing downturn in the U.S. housing industry is not about to reverse anytime soon, industrial executives told the Reuters Manufacturing Summit in Chicago this week.
Manufacturers doubt U.S. will reform health care
CHICAGO - Chief executives from the U.S. manufacturing and transportation sectors say something must be done about soaring health-care costs but doubt the ability of Washington to come up with meaningful, bipartisan reform.
CEOs not worried economic weakness spreading
CHICAGO - The weakness in the U.S. economy caused by the slowdown in the auto-making and residential and commercial construction sectors doesn't appear to be spreading rapidly into other corners of the domestic economy or reverberating overseas, top executives told the Reuters Manufacturing Summit this week.
Execs say U.S. must consider new nuclear plants
CHICAGO - The roughly 100 nuclear power plants in the United States are approaching the end of their useful life, and manufacturing executives say the nation cannot rule out building new ones if it wants to keep up with electricity demand.
Seaspan-credit crunch fuels deals
CHICAGO - The global financial crisis should provide plenty of acquisition opportunities for Seaspan Corp , the container shipping company, as small operators run into financial difficulties, its top executive said on Wednesday.
Manufacturers hope to pass on raw materials costs
CHICAGO - Raw materials like steel, copper and plastics are likely to remain expensive this year due to the voracious appetite of such emerging markets as China, but several prominent manufacturing executives hope customers cover any increased costs.
Industrials eye bargains as private equity fades
CHICAGO - Large industrial companies aim to pick up the pace of deal-making this year as the credit crunch forces private equity firms to retreat, making more assets available at cheaper prices.
Norfolk Southern sees U.S. housing weak till 2009
CHICAGO - The struggling U.S. housing market may not recover until some point in 2009, the top executive at U.S. railroad Norfolk Southern Corp said on Wednesday.
Africa, Russia rising markets for U.S. industrials
CHICAGO - Record-high prices for oil and commodity metals are spurring strong infrastructure investment in Africa, Russia and Latin America, which are becoming important new markets for diversified U.S. manufacturers, top executives said this week.
YRC CEO: U.S. slowdown may be spreading
CHICAGO - YRC Worldwide Inc , the world's largest trucking company, is seeing signs that slowing U.S. economic growth is beginning to spread to the global economy, the company's top executive said on Wednesday.
Speakers
| Summit | Date | Category |
|---|---|---|
| Latin America Investment | May 28 - Jun 1 | Financial Services/Exchanges |
| Media and Technology | Jun 11 - 14 | Media/Tech/Telco |
| Washington | Jun 25 - 28 | Financial Services/Exchanges |
| Retail and Consumer | Sep 11 - 14 | Consumer & Retail |
| South East Asia Investment | Sep 17 - 21 | Financial Services/Exchanges |
| Russia Investment | Sep 24 - 27 | Financial Services/Exchanges |
| Middle East Investment | Oct 8 - 11 | Financial Services/Exchanges |
| Investment Outlook | Nov 27 - 30 | Financial Services/Exchanges |
| China Investment | Dec 10 - 13 | Financial Services/Exchanges |
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
