Qualcomm Reports Higher Fiscal 1Q Profit
Qualcomm Inc. said its fiscal first-quarter net income rose 20% to $1.4 billion, or 81 cents per share, from $1.2 billion, or 71 cents, a year ago.
February 24, 2012Oil Finishes Over $107 a Barrel
Oil rose for a sixth trading day, rising $1.55 to finish at $107.83 a barrel on the New York Mercantile Exchange, a more than nine-month high, Bloomberg reported.
February 23, 2012Expanded Canal Offers Only Modest Savings to Shippers, U.S. Maritime Consultant Says
The expansion of the Panama Canal will have the greatest effect on shipments to a handful of states stretching from Ohio to Georgia but will offer only modest cost savings to shippers, a consultant to the U.S. Maritime Administration said.
February 23, 2012Mullen’s 4Q, Full-Year Profits Improve
Canadian transportation firm Mullen Group’s fourth-quarter and full-year operating income rose on higher demand at its oilfield services unit.
February 23, 2012XPO Logistics Posts Fourth-Quarter Loss
XPO Logistics said it posted a fourth-quarter loss after earning a profit in the same period a year ago.
February 23, 2012Commercial Vehicle Group’s Income Jumps
Commercial Vehicle Group’s fourth-quarter and full-year income jumped on increases in the North American Class 8 heavy-duty truck and global construction markets.
February 23, 2012Wabash Posts Stronger Profit on Higher Trailer Sales
Trailer manufacturer Wabash National Corp. said its fourth-quarter and full-year income rose on higher trailer sales.
February 23, 2012Jobless Claims Hold Near Four-Year Low
Initial jobless claims held steady last week at the lowest level in nearly four years, the Labor Department said Thursday.
February 23, 2012Wright Express Reports Higher Profit for 4Q, Year
Wright Express Corp.’s fourth-quarter profit grew to $32.8 million, or 84 cents per share, compared with $18.5 million, or 47 cents, a year ealier.
February 23, 2012Wheaton to Acquire Bekins; Deal Joins Competing Movers
Two of the 10 largest U.S. household goods carriers are about to be combined, as Wheaton Van Lines Inc. said on Feb. 11 it intends to acquire smaller competitor Bekins Van Lines in March.
February 23, 2012