04282017Fri
Last updateFri, 28 Apr 2017 2pm

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Industry Headlines

Mueller Water Products Reports 2017 Second Quarter Results

Friday, 28 April 2017  |  Chris Guy

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 mi...

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Industry Headlines

Mueller Water Products Reports 2017 Second Quarter Results

-1 DAYS 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...

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Weir Group Reports First Quarter 2017 Results

-1 DAYS 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...

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Permian Basin Oil Production Continues to Increase

19 HOURS 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...

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East Coast Refiners Eye Texas as Alternative to North Dakota

1 DAY 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...

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Survey Shows Small Business Confidence Increasing

20 HOURS 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, ...

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Durable Goods Orders Up 0.7% in March

21 HOURS AGO

New orders for manufactured durable goods in March increased $1.6 billion or 0.7% to $238.7 billion, the U.S. Department of Commerce announced today. Economists were anticipating an increase of 1.2%. This March increase , the third consecutive, followed a 2.3% February increase.

Excluding transportatio...

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Emerson Opens New Technology Center in China

Emerson announced the opening of its new Asia Flow Technology Center in Nanjing, China, significantly strengthening the company's presence in Asia Pacific and enhancing Emerson Process Management's commitment to provide innovative, effective process automation solutions for customers in the region.

The Asia Flow Technology Center expands production capacity and services for Emerson Process Management's flow metering and measurement technologies that serve the oil and gas, refining, petrochemicals, marine, life sciences, food and beverage, metals and mining, and pulp and paper industries.

Source: Emerson

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