As per the latest Conference Board LEI report, the core capital goods orders for April were valued at $39.1 billion as compared to the downward revised March reading of $39.0 billion.
Berkshire Hathaway’s (BRK.B) investments in manufacturing could yield results amid the push for the sector by the Trump administration in recent quarters.
Manufacturing growth Berkshire Hathaway’s (BRK.B) manufacturing investments have reaped benefits over the past few quarters, backed by portfolio additions Duracell and Precision Castparts. The division has continued to strengthen and will likely benefit from reforms such as tax rate cuts. Players in the manufacturing space will likely garner larger market share, at least in the interim, due to cost competitiveness. In 4Q17, the […]
MMM’s stock price reached an all-time high on November 30, 2017, with an RSI (or relative strength index) of 76, which indicates that the stock has moved into an overbought position temporarily.
Non-defense capital goods drop in November Non-defense capital goods orders exclude aircraft and defense purchases. The US Census Bureau releases a monthly report that tracks new orders for machinery, tools, and equipment for US industries. Defense and aircraft (ITA) orders are excluded from this report because they are usually large and distort the monthly reading. […]
The Institute of Supply Management’s New Orders Index The ISM’s (Institute of Supply Management) New Orders Index is a monthly report on changes in new orders, supplier deliveries, inventories, production, and employment. New orders are a measure of future activity in any industry (VIS), as companies’ production depends on incoming orders. The ISM’s New Orders […]
Honeywell’s (HON) fiscal 2018 earnings guidance pushed its one-year forward PE (price-to-earnings) multiple from 19.80x to 20.10x as of December 13, 2017.
As of December 6, 2017, 3M’s (MMM) one-year forward PE (price-to-earnings) multiple was 24.9x compared to its peer Honeywell International’s (HON) multiple of 19.8x.
According to the November Conference board LEI, the core capital goods orders for October totaled ~$38.4 billion, compared to a revised September reading of ~$38.7 billion.
According to the October Conference Board LEI, core capital goods orders for September were valued at $37.85 billion compared to a revised reading of $38.0 billion in August.
Non-defense capital goods data Data on core capital goods orders, which exclude aircraft and defense purchases, is released by the US Census Bureau monthly. Investments in machinery, tools, and equipment by industries require capital outlay, and companies make them only when there is an expectation of increased demand. All new orders, shipped goods, and company inventories […]
Nondefense capital goods increase three months in a row Nondefense capital goods exclude aircraft and core capital goods. The census bureau releases a monthly report that includes data on core capital goods. All machinery, equipment, and tools used by industries requiring large capital investments are collectively known as core capital goods. The durable goods order […]
Honeywell bagged two new airline clients with its GoDirect software. Brussels Airlines and Air Serbia will use Honeywell’s connected aircraft software.
Berkshire Hathaway reported revenues of $12.0 billion and profits of $129 million for McLane in 2Q16, as compared to revenues of $12.2 billion and profits of $147 million in 2Q15.
The United States is 3M Company’s (MMM) largest regional market. Its US sales rose from 33.9% of its total sales in 2011 to 39.8% of its total sales in 2015.
3M’s long-term debt, excluding the current portion, rose from 14.2% ($4.4 billion) of total capital in 2011 to 26.8% ($8.7 billion) of total capital in 2015.
In February 2016, 3M Company (MMM) set financial objectives for the five-year period from 2016 to 2020 that were slightly below its previous expectations.
3M Company has racked up impressive returns over the years. It has a mean annual return on equity of 30.1% for the ten-year period between 2005 and 2015.
Honeywell’s ACS unit uses the software-as-a-service (or SaaS) business model. In the SaaS model, software is licensed on a subscription basis to users.
United Parcel Service has grown its revenues steadily over the past few years, from $49,545 million in 2010 to $58,232 million in 2014, with a four-year CAGR of 4.12%.
United Parcel Service (UPS), originally called American Messenger Company, was founded in 1907 by 19-year-old James E. Casey with $100 borrowed from a friend.
An investment in Raytheon stock would have generated about 94% returns in the past five years. This is just slightly more than the 88% returns from the S&P Index.
Raytheon’s Space and Airborne Systems, or SAS, fourth quarter performance was a mixed bag. The segment saw growth in revenue and its operating margins.
The ISM issued its monthly “Manufacturing ISM Report On Business” on January 2, 2015. A reading above 50% means a general expansion in manufacturing activity.
Part of Boeing’s strategy in Asia-Pacific will be to offer its reengineered 737 MAX, which the company says is 14% more fuel-efficient than competing jets.
Markit PMI Manufacturing Index Markit Economics’ release of its PMI for the month of July released on Friday, August 1. Markit’s U.S. Manufacturing PMI is based on monthly questionnaire surveys of a selected panel of over 600 companies from all areas of U.S. manufacturing activity. Markit PMI July reading The flash (indicative) index for […]
The Institute for Supply Management (or ISM) was the first supply management institute in the world. ISM aims to enhance the value and performance of procurement and supply chain management practitioners and their organizations worldwide.
The Monthly Wholesale Trade Survey gives you nationwide estimates of monthly sales, end-of-month inventories, and inventories-to-sales ratios by businesses for wholesale firms.
Job growth is improving, but not quite as much as forecast. Total non-farm payroll jobs rose 192,000 in March after a 197,000 boost in February and a 144,000 increase in January.
The ADP National Employment Report (also popularly known as “the ADP Jobs Report” or “ADP Employment Report”) is a monthly report summarizing the employment situation.
Yellen highlighted the fact that according to research, employers are less willing to hire the long-term unemployed and often prefer other job candidates.
The Chicago Business Barometer is a closely watched leading indicator of U.S. economic activity, and it’s based on a survey panel of purchasing or supply-chain professionals.
