Eaton Corp.’s Fourth-Quarter Net Income Rises
Vehicle component-maker Eaton Corp. said its fourth-quarter net income rose to $482 million, or $1 a share, from $180 million, or 46 cents, a year earlier.
February 4, 2014Delphi’s Fourth-Quarter Profits Rise
Component maker Delphi Automotive PLC said its fourth-quarter profit and revenue increased on strong growth in North America and Asia.
February 4, 2014Factory Orders Decline by Most in Five Months
Factory orders declined 1.5% in December, the biggest drop in five months, the Commerce Department reported Feb. 4.
February 4, 2014Diesel Rises 4.7¢ to $3.951; Price Is Highest Since September
Diesel rose for a second straight week, gaining 4.7 cents to $3.951 a gallon, led by big spikes in the Northeast, the Department of Energy reported.
February 3, 2014Patriot’s Fiscal First-Quarter Profits Decline
Patriot Transportation Holding said its fiscal first-quarter profit declined 25% from a year ago as its transportation revenue improved.
February 3, 2014NHTSA Starts Work on Car-to-Car Communications Proposal
The National Highway Traffic Safety Administration wants cars of the future to communicate with each other in the hopes of reducing accidents, the agency said Feb. 3.
February 3, 2014YRC Completes $300 Million Refinancing
YRC Worldwide Inc. said it has moved forward in the refinancing of its debt by completing a multi-step transaction worth about $300 million.
February 3, 2014J.B. Hunt Raises Dividend by 33%
J.B. Hunt Transport Services Inc. said it is raising its dividend for shareholders by 33% to 20 cents per share.
February 3, 2014Keystone XL Pipeline Won’t Worsen Climate Change, Federal Report Says
A report by the U.S. State Department found that the proposed Keystone XL Canada-U.S. oil pipeline would not increase carbon emissions because the oil sands in Alberta will be developed anyway.
February 3, 2014Manufacturing Activity Grows at Slower Pace in January
U.S. manufacturing activity’s rate of expansion declined in January, the Institute for Supply Management reported Feb. 3.
February 3, 2014