The generic drug and store brand health products maker Perrigo Co. (Nasdaq: PRGO) Wednesday reported record revenue of $919.8 million in the third fiscal quarer ended March 30, up from $778 million a year earlier.
General Motors posts its 13th consecutive quarterly profit, but those earnings are off slightly from last year.
The companies prepare to report their first quarter earnings, starting with Ford on Wednesday.
Dow Corning recorded 2012 sales of $6.12 billion, down from $6.43 billion in 2011. Net income was $188 million, down from $806 million a year earlier. The comapny said oversupply, economic volatility and high raw material costs significantly reduced the company’s profits.
Marvel Technologies Inc., a provider of IT products and services, Monday reported a 74 percent increase in revenue and a 50 percent increase in employee count during 2012.
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.
The software and IT services provider Compuware Corp. reported net income of $25.3 million or 12 cents a share in the third fiscal quarter ended Dec. 31, up from $21.6 million or 10 cents in the same quarter a year ago.
ITC Holdings Corp., the Novi-based owner and manager of a signficant chunk of the nation’s electric grid, reported revenue of $214.8 million in the quarter ended Sept. 30, up from $191.3 million a year earlier. For the nine months, revenue was $608.9 million, up from $555.8 million a year earlier.
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