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Stock impact report

Factory orders rise less than expected in December [CNBC]

Diebold Nixdorf Incorporated Common stock (DBD) 
Last diebold nixdorf incorporated common stock earnings: 2/11 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.dieboldnixdorf.com
Company Research Source: CNBC
Factory orders rise less than expected in December Ty Wright | Bloomberg | Getty Images An employee works on the automated teller machine production line at the Diebold Inc. manufacturing facility in Greensboro, North Carolina. New orders for U.S.-made goods barely rose in December and business spending on equipment was much weaker than previously thought, pointing to a softening in manufacturing activity. Manufacturing, which accounts for about 12 percent of the economy, is slowing as some of the boost to capital spending from last year's $1.5 trillion tax cut package fades. In addition, a strong dollar and cooling growth in Europe and China are hurting exports. Lower oil prices are also slowing purchases of equipment for oil and gas well drilling. In December, orders for machinery dropped 1.0 percent after tumbling 2.0 percent in November. Orders for mining, oil field and gas field machinery plunged 5.2 percent after rising 1.9 percent in November. There were also decreases in or Show less Read more
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