Shyft Group swings back to profit despite lower sales
NOVI—The specialty vehicle manufacturer Shyft Group Inc. announced net income of $7.6 million or 21 cents a share in the fourth quarter ended Dec. 31, compared to a loss of …
NOVI—The specialty vehicle manufacturer Shyft Group Inc. announced net income of $7.6 million or 21 cents a share in the fourth quarter ended Dec. 31, compared to a loss of …
BLOOMFIELD HILLS—The diversified manufacturer TriMas Corp. (NASDAQ: TRS) reported net income of $23.7 million in the fourth quarter ended Dec. 31, down from $38.4 million in the same quarter of …
NOVI—The Shyft Group Inc. (NASDAQ: SHYF), the manufacturer of specialty vehicles and vehicle upfits formerly known as Spartan Motors, reported net income of $18.8 million or 53 cents a share, …
BLOOMFIELD HILLS—The effect of the coronavirus pandemic whacked earnings at the Bloomfield Hills-based diversified manufacturer TriMas Corp. (NASDAQ: TRS). Company officials announced a loss of $100.9 million or $2.32 a …
JACKSON—CMS Energy, the Jackson-based utility holding company, reported net income of $210 million or 76 cents a share in the third quarter, up from $207 million or 73 cents a …
BLOOMFIELD HILLS—Penske Automotive Group Inc. (NYSE: PAG) posted net income of $246.6 million or $3.07 a share in the third quarter of 2020, up from $116.2 million or $1.42 in …
ANN ARBOR–Officials at Esperion Therapeutics Inc. (Nasdaq: ESPR) announced record revenue in the second quarter ended June 30, as its cholesterol-fighting drugs Nexletol and Nexlizet have been approved for use …
SOUTHFIELD—Lear Corp. (NYSE: LEA), the Southfield-based manufacturer of automotive interiors and electronics, reported a net loss of $294 million or $4.89 a share in the second quarter, as sales plunged …
JACKSON—Officials at CMS Energy (NYSE: CMS) announced second quarter net income of $136 million or 48 cents a share, up from $93 million or 33 cents a share in the …
LIVONIA—Masco Corp., the Livonia-based manufacturer of home improvement and building products, reported net income of $234 million or 85 cents a share in the second quarter, down from $240 million …