04282017Fri
Last updateFri, 28 Apr 2017 4pm

i

The Weekly Report

New Products

  • ja-news-2
  • ja-news-3

Industry Headlines

U.S. Economy Grew 0.7% in the First Quarter of 2017

Friday, 28 April 2017  |  Chris Guy

Real GDP in the U.S. fell short of expectations, increasing at an annual rate of 0.7% in the first quarter of 2017; this according to the advance esti...

Readmore

Loading...
Advertisement
i

Industry Headlines

Mueller Water Products Reports 2017 Second Quarter Results

6 HOURS AGO

For its fiscal second quarter ended March 31, 2017, Mueller Water Products’ net sales were up 1.3% to $199.7 million and net income was $73.3 million, or $0.45 per diluted share. Operating income from continuing operations was $10.9 million. The quarter's results included $68.6 million of income...

Readmore

Weir Group Reports First Quarter 2017 Results

6 HOURS AGO

The Weir Group's first quarter input was 15% higher than the prior year period with good sequential growth primarily driven by increased activity levels in North American Oil & Gas and strong aftermarket orders in Minerals. Group-wide aftermarket orders were 21% higher than the prior year period w...

Readmore

Permian Basin Oil Production Continues to Increase

1 DAY AGO

Crude oil production in the Permian Basin is expected to increase to an estimated 2.4 million barrels per day in May, based on estimates from the U.S. Energy Information Administration . Between January 2016 and March 2017, oil production in the Permian Basin increased in all but three months, even as...

Readmore

East Coast Refiners Eye Texas as Alternative to North Dakota

2 DAYS AGO

“Major U.S. East Coast refiners profited from railing hundreds of thousands of barrels of discounted Bakken crude to their plants daily from 2013 until 2015. But as more and more pipelines were built in North Dakota, the discount began to disappear, and so did the rail cars,” Reuters repor...

Readmore

U.S. Economy Grew 0.7% in the First Quarter of 2017

4 HOURS AGO

Real GDP in the U.S. fell short of expectations, increasing at an annual rate of 0.7% in the first quarter of 2017; this according to the advance estimate just released by the U.S. Department of Commerce. The 0.7% figure, down from 2.1% in the fourth quarter and 3.5% in the second half of 2016, and is...

Readmore

Survey Shows Small Business Confidence Increasing

1 DAY AGO

The second annual Allstate/ Small Business Barometer finds increasing optimism and innovation among small business owners, despite the rising cost of doing business. Nine in 10 local entrepreneurs say the benefits of owning a business outweigh the challenges. This year’s Barometer found that, ...

Readmore

OPEC: Global Refining Surplus to Depress Margins in Medium-Term

The current over-capacity in the global refining industry will keep refinery margins depressed in the medium-term, the Organization of Petroleum Exporting Countries said in their 2010 World Oil Outlook Thursday.

The combination of the worldwide economic downturn and growth in new refining capacity has lead to a "severe demand collapse and surplus capacity," especially among Organisation for Economic Co-operation and Development, or OECD, members, the group said.

Source: Dow Jones

View Full Article

  • Latest Post

  • Popular

  • Links

  • Events

Advertisement

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association