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CCL equipment maker Asia Metal sees order visibility through 2021

Taiwan-based CCL equipment supplier Asia Metal Industries (AMI) has seen clear order visibility for its main product lines - vertical CCL treating machines and horizontal laminating machines - throughout at least 2021, according to industry sources......»»

Category: topSource: digitimesJan 28th, 2021

Bumble files for IPO, to list on Nasdaq under the "BMBL" ticker symbol

Bumble Inc. disclosed Friday that it has filed for an initial public offering, as the Texas-based dating-app maker i.....»»

Category: topSource: marketwatchJan 15th, 2021

Nio"s ADRs hit record closing high, Bloom Energy stock gains nearly 4%

Shares of China-based electric-vehicle maker Nio Inc. and alternative-.....»»

Category: topSource: marketwatchJan 8th, 2021

Nio, Bloom Energy stocks poised for record closing high

Shares of China-based electric-vehicle maker Nio Inc. and alternative-energy company Bloom Energy Corp. were among the top gainers.....»»

Category: topSource: marketwatchJan 8th, 2021

Mayo Clinic oil investment lost $45 million as energy prices collapsed

An investment in a Texas oil and gas company went sour for Mayo Clinic, which saw its stake in Black Stone Minerals lose $45 million in the first quarter alone. The Post-Bulletin reports on the stock loss in Houston-based Black Stone, which fell from a.....»»

Category: topSource: bizjournalsMay 11th, 2020

After strong first quarter, Seguin Tractor maker braces for Covid-19 impacts

Seguin-based heavy equipment maker Alamo Group Inc. reported record profit for the first quarter but warned investors that the impacts of Covid-19 on its bottom line will be seen in subsequent periods. Alamo Group (NYSE: ALG) sold $314 million in .....»»

Category: topSource: bizjournalsMay 8th, 2020

First Solar inks continuing deal with project developer for panels

The Tempe-based panel maker is seeing continued demand for its new products despite a global pandemic as developers are still focused on renewable energy......»»

Category: topSource: bizjournalsMay 8th, 2020

Upstream energy co. moving HQ to Houston, downsizing corporate staff

Arkansas-based Murphy Oil Corp. (NYSE: MUR) is closing its current headquarters and an office in Canada and will consolidate those operations into its office in Houston, where it will now be headquartered. The decision to make Houston Murphy's new headq.....»»

Category: topSource: bizjournalsMay 6th, 2020

Sercomm, Airtel launch virtualized TDD small cells

Taiwan-based network equipment maker Sercomm and India-based telecom operator Bharti Airtel have announced the launch of a vRAN-based time-division duplex (TDD) small cell, according to a joint statement of the companies......»»

Category: topSource: digitimesMay 5th, 2020

Houston midstream giant"s net income rises to $1.35B, cuts capex by $1B

Houston-based Enterprise Products Partners LP (NYSE: EPD) had a strong first quarter, despite it ending with the energy downturn. The midstream giant is now taking steps to respond to the current economic conditions and ongoing pandemic. Enterpri.....»»

Category: topSource: bizjournalsApr 29th, 2020

Bitcoin Miner Maker Ebang Files for a $100M US IPO

Ebang International Holdings, one of the leading makers of bitcoin mining equipment, is taking another stab at going public, this time in the U.S......»»

Category: forexSource: coindeskApr 25th, 2020

Beyond Meat stock on track for biggest weekly percentage gain since going public

Beyond Meat Inc. shares soared 12% in Friday trading, putting the plant-based protein maker on track to end the week up more than 46%. That.....»»

Category: topSource: marketwatchApr 24th, 2020

Noble Energy cuts salaries, reduces 2020 capex and taps revolver during pandemic, falling oil price

Noble Energy Inc. announced a series of measures Wednesday to combat the effect of a falling oil price and weak demand during the coronavirus pandemic. The Houston-based indepdendent oil and.....»»

Category: topSource: marketwatchApr 15th, 2020

E&R enjoys influx of short lead-time orders from China chipmaking sector

E&R Engineering has recently enjoyed an influx of short lead-time orders from China's semiconductor industry, which will be buoying its sales performance during the second quarter of 2020, according to the Taiwan-based automation equipment maker......»»

Category: topSource: digitimesMar 30th, 2020

Houston-based power companies adapt to COVID-19

The energy sector is among the industries exempt from Harris County's "stay home, work safe" order......»»

Category: topSource: bizjournalsMar 24th, 2020

Phillips 66 cuts budget, suspends share repurchases amid low oil prices

Houston-based Phillips 66 (NYSE: PSX) is the latest major energy company to slash spending plans for 2020. The cuts include a $700 million reduction in 2020 capital spending, bringing Phillips 66's budget to $3.1 billion, according to a March 24 press r.....»»

Category: topSource: bizjournalsMar 24th, 2020

International upstream energy co. cuts billions from 2020 spending

France-based Total SA (NYSE: TOT) has joined the ranks of many other upstream companies in cutting its spending plans for 2020 to better fit the realities of the market. Total’s U.S. headquarters is in Houston. The company now plans to spend le.....»»

Category: topSource: bizjournalsMar 23rd, 2020

Briggs & Stratton shares jump 5% premarket on news of strategic overhaul to refocus on power business

Briggs & Stratton Corp. shares rose more than 5% in premarket trade Friday, after the maker of gasoline engines for outdoor power equipment and lawn and turf products announced a strategic overhaul. The Milwaukee, Wisc.-based c.....»»

Category: topSource: marketwatchMar 6th, 2020

Nokia appoints Fortum CEO Lundmark to replace Suri from September 1

Nokia Chief Executive Rajeev Suri will step down in September and is to be replaced by Pekka Lundmark, until now the CEO of energy group Fortum, the telecoms equipment maker said on Monday......»»

Category: topSource: reutersMar 2nd, 2020

CEO of major Houston energy co. steps down effective immediately

The president and CEO of a major Houston-based energy provider has stepped down. CenterPoint Energy Inc. (NYSE: CNP) announced Feb. 19 that board member John W. Somerhalder II has been named interim president and CEO effective immediately. He succ.....»»

Category: topSource: bizjournalsFeb 19th, 2020