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Dow Chemical to Trim About 3 Pct of Global Workforce

2015-05-04 15:03:15| Chemicals - Topix.net

Dow Chemical will cut about 3 percent of its global workforce as it prepares to break off a significant part of its chlorine operations in a deal it announced earlier this year with Olin Corp. The company says the cuts will reduce its workforce by 1,500 to 1,750 positions. Dow Chemical employed about 53,000 people worldwide at the end of last year.

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Comet acquires PCT Engineered Systems

2015-04-30 07:00:00| Label and Narrow Web Breaking News

The acquisition provides Comet Group with direct access to the ebeam end user market while expanding the product offering.

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Signed contracts to buy US homes rise 1.1 pct. in March; outlook strengthens in South and West

2015-04-29 16:59:31| Real Estate - Topix.net

More Americans signed contracts to buy homes in March, the third straight month of gains as housing heats up with the start of the spring buying season. The National Association of Realtors said Wednesday that its seasonally adjusted pending home sales index rose 1.1 per cent to 108.6 last month.

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Bristol-Myers earnings jump 27 pct, trounce expectations

2015-04-28 15:32:01| Biotech - Topix.net

Higher sales of key new medicines and cost cuts helped lift drugmaker Bristol-Myers Squibb Co.' s first-quarter profit by nearly 27 percent.

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April U.S. auto sales seen up 5 pct -JD Power, LMC Automotive

2015-04-24 20:36:18| Auto Dealers - Topix.net

Industry consultants LMC Automotive and J.D. Power on Friday forecast that April U.S. auto sales will rise 5.4 percent from a year ago. LMC also held its forecast for this year's auto sales at 17 million vehicles, up 3 percent from last year.

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