Ford’s profit fell 57 percent in the second quarter as losses in Europe and Asia swamped a healthy performance in North America.
Ford is reporting that its net income fell by nearly half in the first quarter, as European sales plummeted and the company paid higher taxes.
Boosted by strong sales and a much better debt picture, Chrysler is posting its best quarterly profit in 13 years, $473 million.
The color technology provider X-Rite Inc. (Nasdaq:XRIT) announced its financial results for the fourth quarter and full fiscal year ended Dec. 31, 2011.
MADISON HEIGHTS — InfuSystem Holdings Inc. (NYSE Amex: INFU), a national provider of infusion pumps and related services, Wednesday night announced that it has postponed the announcement of its fourth quarter and fiscal year 2011 […]
CMS Energy Thursday announced net income of $415 million, or $1.58 per share, for 2011 compared to net income of $324 million, or $1.28 per share, in 2010.
General Motors made $7.6 billion in 2011, its best annual profit ever. GM said it will pay profit sharing of up to $7,000 to approximately 47,500 eligible U.S. hourly employees.
Dow Chemical Co. Thursday reported record annual revenue of $60 billion in 2011, with a 19 percent increase in earnings per share. Howeve,r things weren’t so rosy in the fourth quarter of the year.
Ford posts a 2011 operating profit of $8.8 billion. Workers get $6200 profit sharing checks.
Stock in Detroit’s Compuware Corp. (Nasdaq: CPWR) tumbled nearly 10 percent in early trading Tuesday after the company announced its earnings for the quarter ended Dec. 31 would miss Wall Street expectations.