Visteon Corp. Thursday announced net income of $65 million or $1.29 a share in the second quarter ended June 30, down from $75 million or $1.40 a share a year earlier.
Chrysler Group says its net income rose 16 percent to $507 million in the second quarter on strong U.S. sales of trucks and SUVs.
Dow Chemical Co. eported revenue of $14.58 billion for the second quarter ended June 30, up from $14.51 billion a year earier. Due to a massive one-time payment, net income skyrocketed to $2.44 billion or $1.87 a share, up from $740 million or 55 cents a share a year earlier.
General Motors says second-quarter net income fell 16 percent as slowing international profits and losses in Europe offset strong North American earnings.
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.