New Home Sales Plunge to 17-Year Low
New home sales fell to a 17-year low in March, the Commerce Department said Thursday.
April 24, 2008Daily Briefings from Transport Topics
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Union Pacific’s 1Q Profit Rises
Union Pacific Corp. said Thursday its first-quarter profit rose 15% as revenue rose in each of its six business units.
April 24, 2008Qualcomm’s Fiscal 2Q Earnings Improve
Wireless-services provider Qualcomm Inc. said its fiscal second-quarter earnings rose 5% to $766 million, or 47 cents a share, from $726 million, or 43 cents, a year ago.
April 24, 2008Ford Posts $100 Million 1Q Profit
Ford Motor Co. said Thursday it posted a $100 million profit in the first quarter, led by strong results from Europe and South America that helped offset slumping U.S. sales, the Associated Press reported.
April 24, 2008Durable Goods Orders Fall in March
Durable goods orders fell 0.3% in March, though bookings excluding transportation orders increased, the Commerce Department said Thursday.
April 24, 2008Jobless Claims Fall for Week
Initial jobless claims fell by 33,000 last week, the Labor Department said Thursday.
April 24, 2008CVG’s First-Quarter Income Declines
Parts maker Commercial Vehicle Group said it earned $500,000, or 2 cents a share, in the first quarter, compared with $3 million, or 14 cents, a year ago.
April 24, 2008Knight Reports Lower 1Q Earnings
Truckload carrier Knight Transportation’s first-quarter profit fell to $11.4 million, or 13 cents a share, from $16.6 million, or 19 cents, a year ago.
April 23, 2008Vitran’s First-Quarter Income Declines
Vitran Corp. said late Wednesday its first-quarter profit fell to $1.1 million, or 8 cents a share, from $3.4 million, or 25 cents, a year earlier.
April 23, 2008Celadon’s Third-Quarter Earnings Plunge
Truckload carrier Celadon Group’s fiscal third-quarter net income fell to $149,000, or 1 cent per share, compared with $3.9 million, or 17 cents, a year ago.
April 23, 2008