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Daily News
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General |
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Information Technology |
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IW 50 News |
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Market Report |
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North America: (Close, 05-08-08) |
| DJIA, U.S. | 12,866.78 |
+52.43 |
| NASDAQ U.S. | 2,451.24 |
+52.43 |
| S&P 500, U.S. | 1,397.68 |
+5.11 |
| Toronto 300, Canada | 14,607.99 |
+236.46 |
| Europe: (1:10 p.m. GMT, 05-09-08) |
| FTSE-100, UK | 6,196.80 |
-74.00 |
| DAX, Germany |
6,984.82 |
-87.08 |
| Asia: (Close, 05-09-08) |
| Nikkei225, Japan | 13,655.34 |
-287.92 |
| Hang Seng, Hong Kong | 25,063.17 |
-386.62 |
| Sensex, Mumbai | 16,737.07 |
-343.58 |
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Commodities Update |
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| NYMEX | Future Date |
05-08-08, Settle | Change |
| Gold |
June 08 |
882.10 $/oz |
+11.10 |
| Silver |
July 08 |
16.87 $/oz |
+0.16 |
| Copper |
July 08 |
3.79 $/lb |
-0.04 |
| Crude Oil |
June 08 | 123.69 $/bbl |
+0.16 |
| Gasoline |
June 08 |
3.14 $/gallon |
+0.02 |
| Heating Oil |
June 08 |
3.51 $/gallon |
+0.06 |
| Natural Gas |
June 08 |
11.26 $/MMBtu |
-0.07 |
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Foreign Exchange |
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Euro Rallies Against Dollar:
(AFP) In London, the euro rebounded against the dollar on May 9 as the market focused on the interest rate outlook for the U.S. and eurozone, traders said. The euro changed hands at 1.5474 dollars against US$1.5393 late on May 8, at 159.52 yen (159.62), 0.7919 pounds (0.7875) and 1.6134 Swiss francs (1.6182). The dollar stood at 103.13 yen (103.68) and 1.0436 Swiss francs (1.0512). The pound was at 1.9535 dollars (1.9543).
05/09/2008 Sources: IndustryWeek Staff, Agence France-Presse |
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Corporate Moves |
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Alcoa Board Elects Klaus Kleinfeld President and CEO:
Alcoa's Board of Directors has elected Klaus Kleinfeld, 50, President and Chief Executive Officer of the company. He succeeds Alain Belda, 64, as CEO. Mr. Belda will continue as Chairman of the Board. Kleinfeld was named President and Chief Operating Officer of Alcoa in August 2007. Prior to joining Alcoa, Kleinfeld served most recently as President and Chief Executive Officer of Siemens AG. In just two years as Chief Executive Officer of Siemens AG, Kleinfeld presided over a dramatic transformation of the global electronics and industrial conglomerate. He reshaped the company’s portfolio around three high growth areas, revenues increased by more than $16 billion in 2006 alone, operating groups met ambitious profitability targets, and the company’s market capitalization almost doubled.
05/09/2008 Sources: IndustryWeek Staff |
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Global Economy |
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Foreign Investment in Latin America Surges over $100 Billion:
(AFP) With its hot natural resources markets and expanding infrastructure, foreign direct investment in Latin America topped $100 billion for the first time in 2007, a UN agency said May 8. The Economic Commission for Latin America and the Caribbean said the figure, which had reached a record $89 billion in 1999, soared to a new high of $106 billion in 2007. Foreign direct investment in the region rose 46% from 2006 to 2007. Countries drawing the greatest volume of investment were Brazil with $34.58 billion Mexico ($23.23 billion), Chile ($14.46 billion) and Colombia ($9.03 billion).
05/09/2008 Sources: IndustryWeek Staff, Agence France-Presse |
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Lean Manufacturing: Self Assessment Checklist
Lean Manufacturing 16 page self audit checklist by R. Michael Donovan will help you assess "how does your company measure up?". It will help jumpstart a new or reinvigorate a current lean effort.
Managing MRO & Tools with RFID -- A 6 Month ROI
The average ROI that is reported from CribMaster RFID
users is 6 months or less. With CribMaster you gain control of indirect
material of all kinds with robust software, vending or RFID.
Harley-Davidson's System of Success: Free Video
Learn the leadership strategies and manufacturing practices that have made Harley-Davidson an institution of American manufacturing. Watch this free video of Harley-Davidson President & COO James McCaslin.
Cut Your Costs and Reap More Profits
Enhance your operations, reduce waste, and streamline your activities by learning from the best. Using IW's Best Plants Benchmarking Database, find out how top plants have achieved their success.
The Next Evolution in Supply-Chain Technology
Learn how ARIA (Adaptive Recognition and Information Assurance) based technologies and solutions significantly improve the flexibility, visibility and adaptability of your supply-chain processes via converged technologies.
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