Applied Industrial Backs 2005 Outlook
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Applied Industrial Technologies Inc. said it expects to report second-quarter profit within the middle of its previous guidance, and reaffirmed its earnings outlook for fiscal 2005.
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Management's predictions turn out to be right on target.
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Pump cash into industrials, take a  chance on drugs and be selective with technology -- that is the  opinion of some money managers on Wall Street as they look  ahead to 2005.
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COLUMBUS, Ohio, Feb. 8 /PRNewswire/ -- The Ohio Steel Council's third quarter 2006 data show increases in production and shipping as compared to the same period in 2005.
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Applied Materials Inc. AMAT.O,  the largest maker of semiconductor manufacturing equipment,  plans to tell as many as 2 percent of its employees to find new  jobs within the organization or leave the company, a spokesman  said on Thursday.
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U.S. factories picked up their pace in December, capping off a year of expansion in the manufacturing industry despite some recent signs of a downturn in employment, a report showed on Monday.
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Applied Materials Inc.  AMAT.O,  the largest maker of chip-making tools, on Tuesday said healthy  spending on new semiconductor factories more than doubled  revenue and returned it to a quarterly profit.
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Honeywell International Inc. HON.N on  Friday posted a 3 percent rise in quarterly profit and lifted  its earnings outlook for 2005, buoyed by strong orders from its  mainstay aerospace unit and hot demand for automobile turbo  chargers.
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Two big manufacturers said Thursday that they expected stronger growth next year despite the slowing economy.
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Applied Materials Inc., the world&#39;s largest supplier of machines that make computer chips, Tuesday said surging sales in its latest quarter surpassed its own and Wall Street estimates.
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Beloit area employers expect to hire at a healthy pace during the first quarter of 2005, according to the Manpower Employment Outlook Survey.
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Honeywell International Inc. HON.N on  Friday posted a 3 percent rise in quarterly profit and lifted  its earnings outlook for 2005, buoyed by strong orders from its  mainstay aerospace unit and hot demand for turbo chargers.
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The aerospace industry bounced back this year with record sales and the first upswing in employment in five years as a result of &quot;robust&quot; defense
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Analysts expect continued growth despite a tough environment.
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The car of the future could be in your driveway in 2005. At least one company promises it will deliver, and advances in materials technology could contribute. By John Gartner.
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In its annual predictions for the upcoming year, IDC predicted that worldwide IT spending would grow 6.1% in 2005, a year that will be marked by "enormous turbulence" as well as significant consolidation and realignment in several key sectors.
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Applied Materials Inc. AMAT.O,  the largest producer of chip-making equipment, on Wednesday  said demand for advanced manufacturing tools pushed quarterly  profit and sales higher, but warned that chip oversupply would  lead to lower orders and sales in the current quarter.