newszine

Caterpillar slips as higher costs dent margins at construction business

1 day ago DieselGasoil Comments Off on Caterpillar slips as higher costs dent margins at construction business
(Reuters) – Caterpillar Inc spooked investors for a second straight quarter as rising costs hit margins in its construction equipment business and tepid sales in the Asia Pacific region pointed to continuing subdued growth in China. FILE PHOTO: A row of excavators are seen at the Caterpillar booth at the CONEXPO-CON/AGG convention at the Las Read More

Franklin Electric Reports First Quarter 2019 Sales and Earnings

2 days ago DieselGasoil Comments Off on Franklin Electric Reports First Quarter 2019 Sales and Earnings
FORT WAYNE, Ind., April 23, 2019 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) reported first quarter 2019 GAAP fully diluted earnings per share (EPS) of $0.19, versus a GAAP fully diluted EPS in the first quarter 2018 of $0.45.  First quarter 2019 sales were $290.7 million, compared to 2018 first quarter sales of Read More

U.S. labor market remains tight, economy continues to grow: Fed Beige Book

1 week ago DieselGasoil Comments Off on U.S. labor market remains tight, economy continues to grow: Fed Beige Book
WASHINGTON, (Reuters) – Labor markets remained tight across the United States as businesses struggled to find skilled workers and wages grew modestly, the Federal Reserve said on Wednesday in its latest report on the economy. FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid/File Read More

GLOBAL INFRASTRUCTURE PARTNERS ANNOUNCES THE APPOINTMENT OF TOM HORTON AS A PARTNER

1 week ago DieselGasoil Comments Off on GLOBAL INFRASTRUCTURE PARTNERS ANNOUNCES THE APPOINTMENT OF TOM HORTON AS A PARTNER
NEW YORK, April 15, 2019 (GLOBE NEWSWIRE) — Global Infrastructure Partners (GIP), a leading independent global infrastructure investor, today announced that Tom Horton will join GIP as a Partner as of April 15, 2019. Tom Horton is the former Chairman and Chief Executive Officer of American Airlines. As Chairman and CEO, he led American through Read More

Exclusive: Uber plans to sell around $10 billion worth of stock in IPO – sources

2 weeks ago DieselGasoil Comments Off on Exclusive: Uber plans to sell around $10 billion worth of stock in IPO – sources
(Reuters) – Uber Technologies Inc has decided it will seek to sell around $10 billion worth of stock in its initial public offering, and will make public the registration of the offering on Thursday, people familiar with the matter said on Tuesday. FILE PHOTO: The Uber Hub is seen in Redondo Beach, California, U.S., March Read More

IAHL/ALTENESOL Corporate Update

3 weeks ago DieselGasoil Comments Off on IAHL/ALTENESOL Corporate Update
ORLANDO, Fla., April 04, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — IAHL Corporation/Altenesol (OTC: IAHL) announces Corporate Update as follows: The IAHL/Altenesol team thanks its shareholders for their continued support as we bring LNG to new markets in Colombia. We are currently involved in the three separate projects. Our engineering and logistical phases Read More

Fastest electric car chargers waiting for batteries to catch up

3 weeks ago DieselGasoil Comments Off on Fastest electric car chargers waiting for batteries to catch up
By David Stringer on 4/4/2019 MELBOURNE (Bloomberg) — The viability of electric vehicles depends in part on a manufacturing plant in eastern Australia, where gleaming white cabinets the size of large refrigerators are loaded onto shipping crates. They’re among the most advanced car chargers available, promising to deliver a full tank of juice in minutes. Read More

Denmark’s DSV to buy logistics company Panalpina in $4.6 billion deal

3 weeks ago DieselGasoil Comments Off on Denmark’s DSV to buy logistics company Panalpina in $4.6 billion deal
COPENHAGEN/ZURICH (Reuters) – Swiss logistics group Panalpina has bowed to an increased 4.6 billion Swiss francs ($4.6 billion) bid from Danish rival DSV, ending a more than two month takeover battle designed to build scale in the consolidating transport sector. <img src="https://s2.reutersmedia.net/resources/r/?m=02&d=20190401&t=2&i=1372289946&r=LYNXNPEF301D4&w=450" aria-label="The logo of Swiss transport and logistics firm Panalpina is seen at an Read More

A tax on a tax: U.S. customs demands bigger bonds as trade tariffs rise

4 weeks ago DieselGasoil Comments Off on A tax on a tax: U.S. customs demands bigger bonds as trade tariffs rise
CHICAGO (Reuters) – Stephen Wang is counting the costs of President Donald Trump’s trade war. He had to put down 12 times more cash as a guarantee to U.S. customs that he would pay the bill for tariffs on the Chinese-made pumps, valves and motors he imports. FILE PHOTO: Shipping containers are pictured at Yusen Read More

GasLog Ltd. Announces Landmark 12-Year Charter With JERA for Existing Uncommitted Newbuild Vessel HN 2274

4 weeks ago DieselGasoil Comments Off on GasLog Ltd. Announces Landmark 12-Year Charter With JERA for Existing Uncommitted Newbuild Vessel HN 2274
Monaco, March 28, 2019 (GLOBE NEWSWIRE) — 12-year fixed-term charter to Japanese energy company JERA, at attractive returns, for existing uncommitted newbuild vessel, HN 2274, commencing on delivery in April 2020 GasLog is one of the first non-Japanese owners to secure a long-term charter with JERA, one of the largest LNG buyers globally GasLog Ltd. (“GasLog” Read More