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is to lose its chief executive in the very near future. CEO Michael Sutherlin will relinquish his position at the end of this year when he enters retirement. The company's board has designated Edward Doheny II as his replacement. The 66-year old
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Mining equipment manufacturer Joy Global plans to close its Millersburg manufacturing operations, laying off 150 employees by year's end. It's another cut by the company as it copes with a struggling mining industry. Last year, the Milwaukee-based
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In tough times, people of all ages are struggling to make the most of their money. All week long, we've been looking at the distinct challenges that people in various age groups face and how they can overcome them to achieve financial security. After
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The Great Recession of '08-09 saw many industrial companies experience a significant drop in their previously sizable earnings. Now, a few years down the road, it seems the worst of the crisis is over. It doesn't make things a walk in the park, but
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After significant losses in 2012, analysts feel somewhat more upbeat about the prospects for Joy Global shareholders this year. The current price target equates to about a 15% gain from the stock's price right now. Yet a continuing pullback in
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China's double-digit growth has fueled a bonanza in infrastructure development. Hundreds of millions of people flocking to fast-growing cities need housing, roads, and power, all of which is dependent on heavy equipment pulling resources like coal,
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Veterans Chris is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited. As employers constantly struggle to fill their vacant spots with the best talent, they have uncovered a
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A Syncrude heavy equipment opperator is dwarfed by the rear tires of the Caterpillar 797 dump truck as she completes her pre-shift walk-around. The Globe and Mail Earnings Spain's Prime Minister Mariano Rajoy (R) greets French President Francois
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Neha is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited. BHP ) big dip in profits and massive go-slow call on spending plans, it might seem a lot to expect a company that
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That's sent stock investors fleeing from economically sensitive companies, like makers of construction equipment and computer chips, and rushing to embrace steady earners, like companies that make ketchup or cigarettes. But bargain hunters with a
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