Dow Corning Corp. repoted a decline in sales and net income for the fourth quarter of 2011, but record numbers for the year as a whole.
The Kalamazoo medical equipment maker Stryker Corp. reported net sales of $2.2 billion in the fourth quarter, up 11 percent from a year earlier. Net income was $401 million or $1.05 a share, up 36 percent from $295 million or 74 cents a share a year earlier.
Hospitals with high performance scores in patient care are more profitable, according to the 2011 Pulse Report from Press Ganey.
Whirlpool Corp. announced that it will cut 5,000 positions in North America and Europe despite also reporting net income of $177 million or $2.27 a share, up from $79 million or $1.02 a share a year earlier.
Stronger sales pushed Ford’s revenue up 14 per cent to $33.1 billion.
X-Rite Inc. (Nasdaq: XRIT), the Kentwood developer of color management technology, reported a jump in sales and profits for the second quarter ended July 2.
General Motors earned $2.5 billion in the second quarter. That’s the company’s sixth consecutive quarterly profit, and an increase from the $1.3 billion they made in the second quarter last year.
Chrysler is reporting a second-quarter loss, but the company says it would have made money without expenses from paying off government loans.
Compuware Corp. announced sharply higher net income and revenue for its first fiscal quarter, ended June 30.
The Royal Oak metalworking technology developer Bonal International Inc. New (OTC: BONL) Wednesday announced 2011 fiscal year end revenue of $2,560,569, the highest in corporate history, a 42 percent increase over fiscal 2010.