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