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.
Dow Corning Corp. last week reported net income of $121 million in the second quarter, down 36 percent from $191 million a year earlier
Ford’s profit fell 57 percent in the second quarter as losses in Europe and Asia swamped a healthy performance in North America.
Dow Corning Corp. Tuesday reported lower sales and net income in the first quarter of 2012 compared with year-ago figures.
Adtegrity.com, a Grand Rapids-based company specializing in Internet advertising networks and services, reported sharply higher net income and revenue for the first quarter ended March 31.
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.
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.
Chrysler sales are up 40 percent, Ford up 14 percent and GM up 1 percent.