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How major US stock indexes fared Wednesday

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Stock indexes extended losses into a second day as a sharp drop in railroad operator CSX pulled other industrial companies broadly lower.Banks also fell as investors worry that lower interest rates will hurt their profits going forward. Bond prices rose, sending yields lower. Utilities and health care were the only sectors to finish the day with modest gains.On Wednesday:The S&P 500 fell 19.62 points, or 0.7%, to 2,984.42.The Dow fell 115.78 points, or 0.4%, to 27,219.85.The Nasdaq composite fell 37.59 points, or 0.5%, to 8,185.21.The Russell 2000 index of smaller company stocks fell 11.22 points, or 0.7%, to 1,550.78.For the week:The S&P 500 fell 29.35 points, or 1%.The Dow fell 112.18 points, or 0.4%.The Nasdaq fell 58.94 points, or 0.7%.The Russell 2000 fell 19.22 points, or 1.2%.For the year:The S&P 500 is up 477.57 points, or 19.1%.The Dow is up 3,892.39 points, or 16.7%.The Nasdaq is up 1,549.93 points, or 23.4%.The Russell 2000 is up 202.22 points, or 15%.The Associated Press read more

Outotec launches new service products for mineral processing filters

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first_imgOutotec has launched new service products for filters, namely filter cloths and ceramic plates, which are tailored to perform with Outotec Larox® filters.  Filter media are crucial for filtration efficiency and Outotec says the new Larox filter cloths enable optimised performance and process results for each application and filter. The filter cloth collection covers the entire permeability range.The Outotec Larox CC Plate family is now complemented with two new ceramic filter plates, the Red and Orange Plates, which allow for high discharge level and dry cake, extended filter life and high availability. The Orange Plate is a filter medium with the original casted structure and a special fluorine resisting formula designed for challenging environments and processes emphasising low cake moisture, for example base metal applications. Outotec Red Plate has a monolithic membrane structure with highly porous core layer and it is designed for processes emphasising high capacity, for example ferrochrome applications.“Efficient solid-liquid separation technology with tailored services leads to guaranteed availability and both economical and environmental benefits. Outotec Larox filtration solutions are designed in such a way that in most of the processes they help to achieve significant savings in energy and/or water consumption. Efficient filtration also leads to better quality waste water, thus reducing the environmental burden. These new service products further enhance the performance of filters and are available through Outotec’s global Services network,” says Kalle Härkki, President of Outotec’s Services business area.last_img read more