Rofin-Sinar Sales, Profits Jump

Rofin-Sinar Technologies Inc. (Nasdaq: RSTI), the industrial laser maker wit dual headquarters in Plymouth and Hamburg, Germany, reported net income of $11.9 million or 42 cents a share in the fourth fiscal quarter ended Nov. […]


TRW Sales, Profits Up

Livonia-based TRW Automotive Holdings Corp. (NYSE: TRW) reported third quarter net income of $199 million or $1.54 a share, up from $56 million or 50 cents a share in the same quarter of 2009. Revenue […]


Sales, Profits Jump At Stryker

A $48 million restructurng charge gave a bit of an artificial boost to reported profitability at the Kalamazoo-based medical device maker Stryker Corp. (NYSE: SYK). The company also narrowed its 2010 sales and profit outlook […]


Panel Considers Raising Stamp Price

The independent commission that oversees the Postal Service is preparing to deliver its verdict on a request for a 2-cent increase – to 46 cents – in the cost of mailing a letter.


Neogen Sales, Profits Both Jump 33 Percent

The Lansing life sciences products company Neogen Corp. (Nasdaq: NEOG) said Thursday that its revenue and net income both jumped 33 percent form a year earlier for the first quarter of its fiscal year, ended […]


EMU Enrollment Up 7 Percent In Two Years

Enrollment at Eastern Michigan University has increased by more than 7 percent in the last two years, propelling the University to the fifth highest total number of students in its 161-year history. Final enrollment numbers […]


Report: 17,000+ August Foreclosure Filings In Michigan

Thousands of homeowners in Michigan were victims of foreclosure in August as lenders more to take back more homes.


August Retail Sales, Best In 5 Months

Retail sales rose in August by the largest amount in five months, adding to evidence that a late spring economic swoon was temporary and not the start of another recession.


Online Auction Sales Reflect Demand For Used Vehicles

Troy-based SmartAuction, the online auto auction for auto dealers run by Ally Financial (formerly GMAC) reports a shortage of high-quality used vehicles and increasing demand for its services. SmartAuction Wednesday reported a nearly 14 percent […]


ITC Raises Stock Dividend

Novi-based ITC Holdings Corp. (NYSE: ITC) Wednesday announced that its board of directors has approved a 4.7 percent increase in ITC’s common dividend.