All Business & Finance Articles

Chinese move from Powercrusher - Joint venture formed with Dunshi
Hartl Powercrusher has formed a joint venture company with Chinese cement company Dunshi
New Australian base for Tadano
Tadano Oceania has opened a new facility in Brisbane, Australia, from which it will offer sales and service
Finning takes on Cat dealership in Northern Ireland
Finning International has been appointed Caterpillar dealer for Northern Ireland, replacing previous dealer McCormack McNaughton, which entered into receivership earlier this year.
Russia targeted in Terex sales agreement
Terex Cranes has entered into an agreement to sell all terrain and rough terrain cranes in Russia
Australian construction weakens further in July
Australia's construction industry moved further into the red during July according to the latest Australian Industry Group/Housing Industry Association Performance of Construction Index.
Laing O'Rourke and Costain JV wins London's Bond Street redevelopment
Laing O'Rourke/Costain joint venture wins € 362 million contract to redevelop London's Bond Street tube station for Transport for London.
Pulte Group returns to profit
Pulte Group, one of the United State's biggest home-builders, reported second quarter sales of US$ 1.3 billion, up +92.4% on the US$ 678 million recorded 12 months ago.
Second quarter sales up as Cramo eyes market recovery
Finland's Cramo reported second quarter sales of €114 million, up 4.2% on the €109 million recorded for the same period last year.
D.R. Horton back in profit
US homebuilder D.R. Horton reported third quarter sales to 30 June of US$ 1.4 billion, up +51% on the US$ 914 million recorded for the same quarter last year.
Acciona energised by first half
Acciona reported first half sales of € 3 billion, up +2,8% on the € 2,9 billion recorded for the corresponding period last year. Earnings before interest, tax, depreciation and amortisation (EBITDA) jumped +38,5% to € 528 million, up from € 382 million 12 months ago.
Eiffage sales led by infrastructure contracts
Eiffage reported first half sales of € 6,4 billion, down -0,8% on the € 6,5 billion recorded 12 months ago.
Business brightens at Liebherr
The general business situation continued to improve in 2010 as national economies recovered gradually from the crisis, says Liebherr. "Since midway through 2009, worldwide industrial production has begun to increase in volume again, and world trade prospects are also encouraging."
Oshkosh posts better than expected results
Oshkosh's fiscal 2010 third quarter net sales reach US$ 2.44 billion and net income of US$ 211.2 million. This compares with net sales of US$ 1.22 billion and a loss of US$ 26.6 million in the same period last year.
Mott MacDonald appointed design checker for new River Wear bridge
Mott MacDonald is appointed Category III design checker for the new River Wear bridge.
Doosan sales and profits jump in second quarter
Doosan Infracore reported second quarter sales of KRW 1.1 trillion (US$ 945 million) up +78.9% on the KRW 626 billion (US$ 528 million) recorded for the corresponding quarter last year.
Wacker Neuson CEO resigns
Surprise departure of president & CEO Dr Georg Sick, who oversaw the merger between Wacker and Neuson in 2007.
Lafarge sales rise in second quarter but outlook is flat
Lafarge reported second quarter sales of € 4,4 billion, up +1,7% on the € 4,3 billion recorded last year.
Heidelberg Cement sees demand increase
Heidelberg Cement reported second quarter sales of € 3,2 billion, up +9,4% on the € 3 billion recorded 12 months ago.
Ferrovial reports record order backlog
Ferrovial reported a +22% increase in its order backlog over the first half of this year to a record € 22,8 billion, up from € 18,7 billion at the end of December 2009.
European equipment market to see slow recovery
Weak business confidence will see unit sales grow just +4% this year.
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