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Commodity Wealth

Commodity Wealth
Commoditywealth.com is site with the latest news, charts, comments for all you commodity trading needs. We also have reviews of commodity brokers and futures contracts as well as the latest charts for all commodity traders and investors out there.
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Articles

AMD expects chip pricing to stay competitive
2007-11-29 12:11:00
Chief executive says company’s No. 1 goal is to “return to profitability soon,” following four straight quarters of net losses.
More About: Stay , Competitive , Chip
Argo May Sell Its Farm Tractor Assembly Assets to Russian Truckmaker
2007-11-28 13:09:00
AgriMarketing.com (November 28, 2007) - Argo S.p.A, San Martino, Italy, a privately-held maker and seller of farm tractors, disclosed it is considering the sale of its farm tractor production assets in Doncaster, England, to Russia truckmaker Kamaz Inc. Terms of the potential deal were not disclosed. In addition to the possible asset sale, Argo said ...
More About: Russian , Assembly , Sell , Farm
Indian, EU Leaders to Push Towards Free Trade Zone
2007-11-28 13:09:00
IndustryWeek (November 28, 2007) - At a summit to be held in New Delhi on Nov. 30, EU and Indian leaders will seek to push forward plans for a free trade zone and further boost a burgeoning relationship between the regional powers.
More About: Free , Trade , Leaders , Zone
Top EU Trade Official: China Must Open Markets
2007-11-28 13:09:00
Manufacturing.net (November 28, 2007) - China ’s rise as a global trading power obligates it to drop barriers preventing foreign competition in its domestic market and contributing to its ballooning trade surplus, the European Union’s top trade official said Wednesday. The EU is China’s largest trading partner and this status gives the Asian giant ”real responsibilities,” ...
More About: Markets , Open , Trade , Official
Rio Tinto Looking To Sell Alcan Unit
2007-11-28 13:09:00
Manufacturing.net (November 27, 2007) - Global mining giant Rio Tinto Ltd. plans to focus on its upstream mining expertise after announcing its desire to sell Alcan ’s engineered products division to bolster its position in the face of a US$150 billion hostile takeover offer from rival BHP Billiton Ltd.
More About: Sell , Unit
Deutz Introduces Telematics System
2007-11-28 11:57:00
RER Reports (November 21, 2007) - Deutz Ag last week announced it is the first engine manufacturer to develop its own telemetry system for industrial engines. The current condition of the engine and all machinery can be constantly and reliably evaluated in real time using key engine data such as coolant, oil and fuel levels, ...
More About: System , Stem
Terex to Host European Investment Analyst Meeting
2007-11-28 11:57:00
BUSINESSWIRE via Yahoo (November 28, 2007) - Terex Corporation today announced that it will host an Investment Analyst Meeting on February 1, 2008, at Le Méridien Etoile Hotel in Paris, France. The event is scheduled to start at 9:00 AM Central European Time (CET), and conclude at approximately 2:00 PM CET.
More About: Host
Dana Corporation Secures $2.0 Billion Exit Financing
2007-11-28 11:57:00
Dana (November 27, 2007) - Dana Corporation announced today that it has obtained fully underwritten commitments for a $2.0 billion exit financing facility, marking a significant step toward the company’s timely emergence from Chapter 11 reorganization. These commitments ensure that Dana will be positioned to emerge from bankruptcy by the end of January 2008, or ...
More About: Financing , Billion
Diesel Particulate Filter Plant Announced For Mexico
2007-11-28 11:57:00
Diesel Progress (November 27, 2007) - Japan’s NGK Insulators Ltd. will build a plant for diesel particulate filters in a suburb of Monterrey, Mexico according to press reports in Japan.
More About: Diesel , Filter , Plant , Anno
New John Deere Game Released for Nintendo DS
2007-11-26 12:37:00
AgriMarketing.com (November 26, 2007) - Adding to its popular lifestyle lineup of John Deere games that have already sold more than a half a million units, Destineer today announced it has shipped John Deere: Harvest in the Heartland, a “hands-on” real-time farming game for the Nintendo DS. From soil to sustenance, John Deere: Harvest in ...
More About: Released , Game , Nintendo Ds
BEML to acquire govt-owned mining equipment plant
2007-11-26 11:37:00
Myiris.com (November 24, 2007) - State-owned construction equipment company Bharat Earth Movers (BEML) intends to acquire a government owned mining equipment plant for about Rs 1 billion, reports Business Standard in India.
More About: Mining , Equipment , Owned , Acquire , Plant
Volvo reports truck deliveries for first 9 months of 2007 up 2%
2007-11-26 11:37:00
BUSINESSWIRE (November 23, 2007) - Total deliveries of trucks from the Volvo Group?s four truck companies through October this year amounted to 185,048, which is an increase of 2%, compared with the year-earlier period.
More About: Truck , Months , Mont
Sandvik to invest Rs 2.5 bn for expansion in India
2007-11-26 11:37:00
Myiris.com (November 22, 2007) - Sandvik AB is planning to invest around Rs 2.5 billion to expand capacities over the next two years in India , reports Business Standard. The company is planning to increase its presence in the Indian market by expanding capacities in all the five manufacturing facilities. The company intends to increase the ...
More About: Invest , Expansion
Fiat to Invest in South America
2007-11-26 11:37:00
Forbes (November 23, 2007) - The chief executive of Italian automaker Fiat SpA on Friday outlined on the company’s plans to invest 6.4 billion reals ($3.56 billion) in Brazil and Argentina between 2008 and 2010. Of this total, 1 billion reals ($555 million) has been earmarked for Fiat’s farm equipment plant in the state of ...
More About: America , South America , South , Invest
DEUTZ Streamlines Its UK Operations
2007-11-26 11:37:00
HUB-4 (November 22, 2007) - Leading engine manufacturer DEUTZ has announced changes to its UK operations aimed at improving customer service and strengthening its position in the British market.
More About: Streamline
Analyst: Ag commodity bull market to continue for next decade
2007-11-26 11:36:00
Agriculture.com (November 23, 2007) - Agricultural commodities will remain in a bull market for the next seven to 10 years as global food demand climbs at its current rate of 2.3% a year.
More About: Market , Bull , Bull Market , Analyst , Commodity
EU strikes trade deal with four African countries
2007-11-26 11:36:00
Xinhua (November 26, 2007) - The European Union (EU) has initialed an interim trade agreement with four Southern African countries, the European Commission announced on Sunday.
More About: Trade , Deal , Countries , Trie
Sandvik to divest Sandvik Tobler
2007-11-26 10:30:00
Sandvik (November 22, 2007) - Sandvik has reached an agreement with the Japanese company Mori Seiki regarding the divestment of Sandvik Tobler, which is part of the Sandvik Tooling business area.
Zoomlion grows business in the Middle East
2007-11-26 10:30:00
AME Info (November 24, 2007) - Zoomlion, one of China’s top construction machinery manufacturers, is forecasting a leap in sales of US$40 million this year and US$70 million in 2008 on the back of the Middle East construction boom.
More About: Business , The Middle East
Publishing Industry Expert Retires from ACP
2007-11-21 12:30:00
AED News (November 14, 2007) - John Weatherhead, group publisher of Reed Construction Data’s Associated Construction Publications (ACP) announced his retirement last week. For more than forty years Weatherhead has been a major force in the construction information and publishing marketplace.
More About: Industry , Publishing , Expert , Pert , Tire
Volvo re-brands road building equipment
2007-11-21 12:30:00
International Construction (November 20, 2007) - Volvo Construction Equipment has unveiled its first road building machines in Volvo livery, following the acquisition of these product lines from Ingersoll Rand at the end of April. The machines were on display at the Excon exhibition in Bangalore, India last week.
More About: Building , Road , Brands
Palfinger JV starts in India
2007-11-21 12:30:00
International Cranes & Specialized Transport (November 21, 2007) - Star Palfinger is a new joint venture in India to distribute and service Palfinger loader cranes and hook loaders. Partnering Austria-based Palfinger is Western Auto LLC, part of the UAE-based ETA Star Group. It will hold the majority share of 74%, while Palfinger Asia Pacific Pte ...
Tadano rises in challenging year
2007-11-21 12:30:00
International Cranes & Specialized Transport (November 21, 2007) - Japan-based Tadano has seen substantial growth in its domestic and export sales in the first half of the current financial year. Rises in the April 2007 to March 2008 fiscal year came despite a tough season in the truck loader crane market.
More About: Year , Halle
Haulotte Opens Subsidiary in Dubai
2007-11-21 12:30:00
Lift & Access (November 20, 2007) - Haulotte Group, L?Horme, France, continues its international development strategy by opening a subsidiary this month in Dubai , called Haulotte Middle East FZE. With this operation, Haulotte Group reinforces its presence in the Middle East, where construction projects are increasing.
Half of German Firms Cannot Find Qualified Workers
2007-11-21 12:30:00
IndustryWeek (November 20, 2007) - According to a study by Ifo research institute published on Nov. 19 in the business magazine Wirtschaftswoche, half of German firms are unable to recruit qualified personnel. Of the companies surveyed, 43% said they had been forced to refuse contracts and defer or even cancel certain investments as a result.
More About: Workers , Find , Half , Firms
Japan’s exports reach record high
2007-11-21 12:30:00
BBC News (November 21, 2007) - Japan ’s exports hit a record high in October, figures have shown, boosted by sales to Europe and China which offset falling US shipments.
More About: High , Reach , Record , Exports
Deere 4Q profit climbs, beats forecast
2007-11-21 11:16:00
AP via Milwaukee Journal Sentinel (November 21, 2007) - Farm equipment maker Deere & Co. said its fourth-quarter profit rose 52 percent as strong worldwide agricultural sales more than offset declines in other sectors from the U.S. housing slump.
More About: Profit , Beats , Limb , Forecast
Cummins Announces Integrated Technology Path to Meet Tier 4 Regulations
2007-11-21 11:16:00
Cummins (November 16, 2007) - Cummins Inc. announced today its technology path to meet stringent U.S. EPA Tier 4 Interim and European Stage IIIB mobile off-highway emissions standards across the 174-hp to 751-hp (130-560 kW) powerband, which takes effect in 2011.
More About: Technology , Meet , Regulations , Integrated
Gehl Company to Present at the 3rd Annual Bear Stearns Commodities & Ca
2007-11-21 11:16:00
BUSINESSWIRE via Yahoo (November 20, 2007) - Gehl Company today announced that it will participate in the Bear Stearns 3rd Annual Commodities and Capital Goods Conference, which will be held at the Bear Stearns World Headquarters in New York City from November 28th through November 29th, 2007. William D. Gehl, Chairman and Chief Executive Officer, ...
More About: Present
EU fines Sony, others for videotape price fixes
2007-11-20 08:36:00
Fuji and Maxell also participated in “engaging in cartel activities” between 1999 and 2002, European competition commissioner says.
More About: Sony , Price
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