Automotives | GK Men
By Phil Rosenthal, Chicago Tribune Nov. 06--When your dinner table stands unevenly, just about the worst thing you can do is get out your saw and sandpaper, trying to make it level one leg at a time. You get one a hair shorter, then you have to trim another, and another, and another, and back to the first and the next and .. before long, you're kneeling rather than sitting at a still-unsteady table. That's Illinois trying to improve the tax climate for businesses -- on its knees, with things still unsettled. Talk to state business leaders about what needs to be done to make..
By Thomas Content, Milwaukee Journal Sentinel Oct. 28--Johnson Controls Inc. on Thursday said its fourth-quarter earnings rose almost 20%, as the company completed a record fiscal year that saw sales top $40 billion for the first time. Sales rose 19.3% to $10.8 billion in the quarter, from $9.0 billion a year ago. Net income was $538 million, or 78 cents a share, compared with $449 million, or 66 cents, last year. For the fiscal year that ended Sept. 30, Johnson Controls said sales of $40.8 billion helped boost earnings to $1.62 billion, or $2.36 a share, from $1.49 billion, or..
By Fred Meier and James R. Healey, USA TODAY Ford Motor on Wednesday reported a $1.6 billion profit for the third quarter. But it disappointed investors by saying it wasn't ready to resume paying dividends, which were suspended in 2006. Earnings were down 2% from a year ago, partly on a $350 million charge from commodity hedging. Ford shares closed down 56 cents, or 4.5%, at $11.87. Revenue rose 14% from a year ago to $33.1 billion. Profit was 41 cents per share, but excluding one-time items, it was 46 cents, beating analysts' estimates of 44 cents. By region, Ford reported..
The information in this article was current at 06 Dec 2011