Ford Motor Co. says it earned $1.2 billion in the second quarter as U.S. pickup truck demand and growing sales in China offset losses in Europe.
Compuware Corp. (Nasdaq: CPWR) Tuesday reported a loss of $63.7 million or 30 cents a share in the fourth fiscal quarter ended March 31. That compares to net income of $27.1 million or 12 cents a share in the same quarter of the prior fiscal year.
General Motors posts its 13th consecutive quarterly profit, but those earnings are off slightly from last year.
The fourth quarter of Compuware Corp.’s fiscal year, which ended March 31, will prove to be another one in which it disappointed Wall Street.
General Motors made $4.9 billion in 2012, strong North America showing means $6750 profit sharing checks.
Ford sales jump 22 percent in January. Chrysler and GM post 16 percent sales gains.
Chrysler says its U.S. sales rose 16 percent last month for its best January in five years.
Chrysler says its profit jumped to $1.7 billion in 2012 as sales rose 18 percent.
Ford earns $5.7 billion. North America leads the way with 8.3 billion profit.
The Allegan-based generic drug and health products manufacturer Perrigo Co. (Nasdaq: PRGO) Wednesday reported net income of $106 million or $1.12 a share in the first fiscal quarter ended Sept. 29, up from $70.5 or 75 cents a share in the same quarter a year earlier.