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...At the construction equipment maker Caterpillar, which had already withdrawn its 2020 outlook a month ago, Jim Umpleby, chief executive, said he expected the pandemic’s effect to be more significant in the...
...Cooley has appointed Kevin Cooper as a partner in its M&A practice, based in New York. Cooper joins from Wachtell, Lipton, Rosen & Katz....
...In construction, the group’s largest area, revenues edged up in North America supported by road and non-residential building construction....
...Jim Umpleby....
...We haven’t seen an impact of the trade tension on our business,” said Jim Umpleby, chief executive, on a call with analysts on Monday....
...“Based on our strong first-quarter results and higher demand across all regions and most end markets, we are raising our outlook for 2018,” said chief executive Jim Umpleby....
...The cranes and construction sites signal renewed confidence in Detroit’s real estate sector after years of recession....
...Under Jim Umpleby, who took the helm in January, the company has moved to cut jobs and lower costs....
...“As demand increased, we continued to control costs and generated higher profit margins,” said Caterpillar chief executive Jim Umpleby....
...Analysts are now predicting that 2017 could produce a global recovery in construction equipment sales....
...forecast for full year earnings per share because of higher restructuring costs, even as it forecast stronger than expected sales and revenues for 2017, which could suggest a recovery in global markets for construction...
...I thought it had such an elegant construction,” says Mr Robinson, before a running club meet-up in Manhattan’s Lower East Side....
...“Our results for the fourth quarter, while slightly better than expected, continued to reflect pressure in many of our end markets from weak economic conditions around much of the world,” Jim Umpleby, chief...
...In a statement, the US construction-equipment manufacturer said it had to “contemplate actions to reduce manufacturing capacity and take operating costs out of our business to align with lower demand”....
...“We have so many legacy strengths in old-line legacy industries — not the sexy ones, but things like construction or manufacturing,” she says....
...There are Eurozone construction and inflation figures, and ECB minutes due at 12:30....
...The investment will create up to 1,000 jobs as well as work in construction and the supply chain....
...Jim Cramer declared GW Pharmaceuticals, a UK company that synthesises compounds from the marijuana plant into prescription drugs, the winner of his “Cramer’s cup.”...
...Ugo Colombo, 52, is the founder and chief executive of CMC Group, a Miami-based real estate development, construction and investment company....
...Recently I started to wear flat-fronted styles; I love the construction and they always wear well. www.brioni.com Belt by Hermès I wear this belt a lot; I treat the buckle like a piece of jewellery....
...At the same time, institutional investors’ interest has picked up as more projects become available with long-term power purchase agreements in tow, and consequently unclouded by construction risk....
...Construction equipment manufacturer Caterpillar fell sharply after hedge fund manager Jim Chanos said at a conference that he has taken a short position on the company because of a slowdown in China and...
...Jim McNerney, Boeing’s chief executive, said the effects of across-the-board sequestration cuts in defence spending had not yet made themselves felt....
...The procurement of the trains for the £15bn Crossrail east-west London rail project, which is under construction, will still go ahead but will be fully financed through the public sector....
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