A new Policy Study from The Heartland Institute shows industrial sand mining has been “a significant driver of economic growth across the Upper Midwest.” If done in an environmentally responsible manner, the study finds, “it can be an important source of employment and earnings for decades to come.” The study, titled “Economic Impacts of Industrial Silica Sand (Frac Sand) Mining,” is the second in…
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MDU Resources Reports First Quarter Earnings
MDU Resources Group Inc. reported first quarter consolidated adjusted earnings of $22.8 million, or 12 cents per share, compared to $35.6 million, or 19 cents per share for the first quarter of 2014. On a GAAP basis the company reported a loss of $306.1 million, or $1.57 per share, compared to first quarter 2014 earnings of $56.5 million, or 30…
Read MoreCaterpillar Reports Mixed First-Quarter Earnings
Caterpillar Inc. announced first-quarter sales and revenues of $12.702 billion, down about 4 percent from first-quarter 2014 sales and revenues of $13.241 billion. First-quarter 2015 profit included a pre-tax gain of $120 million, or about $0.14 per share, from the sale of Caterpillar’s remaining interest in the company’s former third-party logistics business. Caterpillar sold a majority interest in the business in…
Read MoreMDU Resources Grows Aggregates Business
Aggregates, energy and oil producer MDU Resources Group Inc. reported 2013 consolidated adjusted earnings of $289.9 million, or $1.53 per share, compared to $218.9 million, or $1.16 per share in 2012.
Read MoreABB Reports Increased Revenues
ABB reported higher revenues, earnings and cash flows in the third quarter of 2013, on improved performance across all divisions.
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