Sales for the manufacturer of power transmission products were down 43% from a year ago.
Day: October 29, 2009
Increase in GDP reflects growth in exports, inventory investment, residential investment and federal government spending.
Raw Materials Price Index also declines.
Manufacturing Barometer indicates only 13% of survey respondents are pessimistic about the U.S. economy's prospects in 2010.
Bearings manufacturer's results boosted by wind energy sales.
Profit for the electronics distributor fell 43.6% year-over-year.
The equipment rental company also reported $0 in profit.
The company recorded a loss of $9.8 million for the quarter.