Ford Faces Challenges, Warns Of Slower ProfitsFord Motor Co., a darling of the auto industry's comeback, is facing its biggest test since CEO Alan Mulally charted its successful course out of the Great Recession.
Car Sales Show Solid October ReboundChrysler sales jump 11 percent. Company expects October annual sales rate of 15.7 million.
Strong North American Earnings Boost GM In Third QuarterGM earns 698, million, after one time charges. Pre tax earnings jump to $2.6 billion.
Chrysler 3Q Profit Rises 22% On Truck DemandChrysler Group's net income rose 22 percent to $464 million in the third quarter as U.S. demand for the Ram pickup and Jeep Grand Cherokee rose.
DTE Energy Says Weather Caused Profit SlumpDTE Energy (NYSE:DTE) Friday reported earnings for the nine months ended Sept. 30 of $537 million, or $3.07 a share, up from $529 million, or $3.08 a share, in 2012. (The earnings per share fell a penny despite higher earnings because of more shares outstanding in 2013.)
Covisint Loss Shrinks On Revenue Jump In its first financial report as a publicly traded company, Covisint Corp. (Nasdaq: COVS), the Detroit-based provider of secure communication and collaboration technology, reported a loss of $2.4 million or 8 cents a share in the second fiscal quarter ended Sept. 30. That's an improvement from a $4.6 million loss, 17 cents a share, in the prior fiscal year.
New Research Examines Status Of Women In Michigan BusinessThis year marks a decade worth of research - examining the role of women in leadership positions within Michigan public companies.
Visteon Earnings Fall On One-Time Event; Company Raises Full-Year GuidanceVisteon Corp. Thursday announced net income of $65 million or $1.29 a share in the second quarter ended June 30, down from $75 million or $1.40 a share a year earlier.
Chrysler's 2Q Net Income Up 16% On US SalesChrysler Group says its net income rose 16 percent to $507 million in the second quarter on strong U.S. sales of trucks and SUVs.
Dow Sales, Earnings RiseDow Chemical Co. eported revenue of $14.58 billion for the second quarter ended June 30, up from $14.51 billion a year earier. Due to a massive one-time payment, net income skyrocketed to $2.44 billion or $1.87 a share, up from $740 million or 55 cents a share a year earlier.
GM 2Q Profit Falls Nearly 16 PercentGeneral Motors says second-quarter net income fell 16 percent as slowing international profits and losses in Europe offset strong North American earnings.