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R&D Magazine published their annual study conducted with Battelle, providing an outlook for the major Research and Development metrics for the coming year. The report is excellent and filled with solid information and well founded projections. Parts of the report are focused on who will lead R&D spending for the next year. While it’s no surprise [...] CEMEX announced on Tuesday that it had made significant progress in restructuring of its debt. It has managed to move the maturities of about 14.5 billion in dept out from the 2009-2011 time frame out to 2014. The move helps substantially secure the company’s short term financial stability. Texas Industries is under [...] Yesterday, while Lafarge was announcing a 750 million Euro bond issue to solidify its short term dept, Holcim was suprrising many in the industry by announcing an acquisition of Cemex assets in Austrialia for a significant 1.6 billion dollars. Analysts characterized the deal as “too good to pass up” for Holcim. Still, in the current business [...] Michael Mandel has an interesting article at BusinessWeek where he speculates that part of the blame for the current economic slump can be placed on a failure to innovate over the last decade. This is somewhat shocking at first, given all the hype innovation has received in the business world and the general press. On the [...] Notwithstanding the excellent speech by Ed Sullivan at the IEEE Conference we reported on, the Washington Post today reports that job losses slowed dramatically in May, and were far smaller than analysts predictions, fueling hopes that economic recovery is near. While the hoped for bottom in housing has yet to be seen, more promising signs seem to be [...] |
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