Last year was not the best for American industrial machinery manufacturers, but plenty of big names still turned a profit. Here are the largest, in terms of most recent annual revenue.
As foreign direct investment in the U.S. has increased, many members in Congress have become concerned about foreign acquisitions of U.S. manufacturers that are perceived to be essential to U.S. national and economic security.
With Kite, Gilead will gain a foothold in one of the most promising fields in oncology: treatments known as CAR-T that re-engineer the body’s own immune system to fight tumors.
The cracker still remains cost competitive and is at the lower end of the cost curve for ethylene producers, according to the company.
Its smartphone and server businesses again struggled to make money amid supply constraints, rising costs and aggressive pricing from competitors.
Corporate profits in the second quarter have beaten estimates at more than three-quarters of the Standard & Poor’s 500 member companies.