General Dynamicsâ Profit Rose 42% in 4th Quarter
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WASHINGTON  Â The General Dynamics Corporation, the military contractor, said Wednesday that higher sales of combat vehicles to the Army and of corporate jets pushed fourth-quarter earnings up 42 percent.
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The retailer said net income in the fourth quarter rose to $4.1 billion as its focus on low prices paid off. International growth also helped lift profit and sales.
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The company reported fourth-quarter profit of $85 million on weakness in its risk and insurance services business.
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Defense contractor General Dynamics Corp.  on Wednesday said third-quarter earnings surged 23 percent, led by a big rebound in its aerospace segment.
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General Electric brought a strong economy to life yesterday. The nation&#39;s largest company, which by its presence in such a variety of businesses is considered a proxy for the broad economy, reported profit rose 11% to $4.
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Manufacturer Johnson Controls Inc  said on Friday that quarterly earnings jumped 45 percent, better than expected, on strength in its building controls and automotive interiors businesses.
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Spray maker announces its first-quarter earnings are up 28.4%.
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Ryder System Inc. (RN: Quote, Profile, Research) on Monday posted a nearly 45 percent increase in quarterly net profit amid increased demand for transport services, especially in its commercial truck leasing business.
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General Dynamics reports a rise in quarterly profit on record US defence spending and demand for private jets.
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Citing strong economic conditions, the manufacturer posted fourth-quarter earnings of $689 million, up from $585 million a year earlier.
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General Electric today reported third-quarter earnings of $4.051 billion, an increase of 1 percent from the same quarter last year.
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Defense contractor General Dynamics Corp. said Wednesday a strong performance at the company&#39;s aerospace division helped net income rise 23 percent in third quarter from a year earlier.
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Emerson Electric Co., the world&#39;s largest maker of power supplies for telecommunications systems, said fourth-quarter profit rose 28 percent as it cut costs and sold more new products.
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Ryder System Inc. R.N on Monday  posted a nearly 45 percent increase in quarterly net profit  amid increased demand for transport services, especially in its  commercial truck leasing business.
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The online retailerâs revenue was up 42 percent in its fourth quarter and its profits more than doubled, but its  profit margins were lower.
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General Motors Corp  said on Thursday its global sales rose 4 percent to a record 2.38 million cars and trucks in the third quarter of 2007, driven by strong demand in emerging markets.
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Defense contractor General Dynamics  Corp. GD.N on Wednesday said quarterly earnings rose 20  percent, helped by sales at its Gulfstream jet business.