R&D Rocks

(1) Keeping a lid on costs and boosting margins. (2) Are record profit margins bad news for the bulls? (3) Profits not as wonderful on aggregate basis. (4) An upbeat assessment of capital spending. (5) R&D and software account for a third of capital spending. (6) Smart equipment. (7) More bang per R&D buck thanks to IT. (8) The Internet of Things. (9) Rockwell’s super-smart factories. (10) Obamacare creates more problems that private sector will solve. (11) Focus on overweight-rated S&P 500 Industrials.