GLENVIEWl, IL -- Illinois Tool Works reported first-quarter sales fell 24% year-over-year to $2.91 billion. The conglomerate reported a loss of $39.4 million, down from net income of $303.6 million a year ago.
ARLINGTON, VA -- The Manufacturers Alliance/MAPI today predicted US manufacturing will likely decline for the next one to two quarters, based on a recent survey of manufacturing executives.
EL SEGUNDO, CA – China in 2009 is expected to defy the downturn in the global wireless infrastructure equipment business, as the nation’s 3G network rollout drives double-digit growth in carrier capital spending, according to iSuppli Corp.
HOUSTON -- Rice University scientists have found a simple way to create basic elements for aircraft, flat-screen TVs, electronics and other products that incorporate sheets of tough, electrically conductive material.
Overall attendance at the Las Vegas show dropped 34.5% year-over-year, according to figures released today by the show producers.