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From Reuters | Westchester-based TreeHouse Foods Inc., which makes pickles, jams, sauces among other products, posted fourth-quarter net income of $22.1 million, or 66 cents a share, compared
with $6.8 million, or 22 cents a share, a year ago.
Read the full story: reuters.com
By Mary Ellen Podmolik | Inland
Real Estate Corp.said its fourth-quarter net income totaled $5.8
million, or 7 cents a share, compared with $1.7 million, or 3 cents a
share a year ago, as the company recorded lower rental income from its
retail tenants and vacancies at some of its big-box spaces.
The Oak Brook-based real estate investment trust reported annual
earnings of $8.2 million,or 10 cents a share, compared to $30.4
million, or 46 cents a share, 2008.
Associated Press | Property and casualty insurer Allstate Corp.
said Wednesday it was profitable in the fourth-quarter, reversing a
steep year-ago loss, as it staunched hemorrhaging in its investment
portfolio.
For the final three months of last year, the company based in
Northbrook, earned $518 million, or 96 cents per share. That compares
with a loss of $1.13 billion, or $2.10 per share, in the fourth quarter
of 2008.
Operating income, which excludes investment gains and losses, rose 14
percent to $592 million, or $1.09 per share, versus a profit of $518
million, or 96 cents per share, a year ago.
By Mary Ellen Podmolik | ACCO Brands Corp., which late last year began restoring employee pay cuts,
reported a small fourth-quarter profit and improved annual results.
The Lincolnshire-based office products company, whose products include
Day Timer planners and Swingline staplers, said it earned $1 million,
or 2 cents a share, in the year’s fourth quarter, compared with a
year-ago fourth quarter loss of $258 million, or $4.76 a share.
By Mary Ellen Podmolik | Licolnshire-based
Zebra Technologies Corp. said it returned to profitability in the
fourth quarter due to lower restructuring, integration and asset
impairment charges.
The company reported net income of $17.6 million, or 30 cents a share,
compared with a loss of $117.3 million, or $1.88 a share, in the
comparable period a year ago. Special charges totaled $5.4 million
during the final quarter of 2009 and $165.4 million in the year-ago
period.
By Mary Ellen Podmolik | Strong
demand for its crystalline products used by LED chip manufacturers
enabled Rubicon Technology Inc. of Franklin Park, to lessen its
fourth-quarter loss.
The company said it lost $755,000, or 4 cents a share, compared to a
loss of $1.8 million, or 10 cents a share, in 2008’s fourth quarter.
Revenues during the quarter increased 49 percent to $8.5 million.
Tribune staff report | Stepan Co. on Tuesday reported a strong fourth quarter and record annual earnings as a result of improved cost controls, lower raw materials costs and better results in all its business units.
The Northfield-based maker of chemicals used in household, industrial and agricultural products said it earned $8.8 million, or 80 cents a share, compared with $1.7 million, or 15 cents a share in the year-ago period. For the year, Stepan’s net earnings rose 70 percent to $63 million, or $5.84 a diluted share.
Tribune staff report | Horace Mann Educators Corp. today reported a 3 percent drop in net income to $22.2 million its fourth quarter, from $22.9 million in the same period a year ago, beating expectations.
By Mary Ellen Podmolik | Shares of Littelfuse Inc., rose almost 10 percent in mid-day trading
Monday, after the Chicago-based maker of circuit protection systems
beat its own fourth-quarter earnings guidance.
Littelfuse Inc., reported fourth-quarter net income of $11.7 million,
or 53 cents a diluted share, compared with a loss of $9.2 million, or
42 cents a share, in the year-ago period. Sales totaled $127.9 million,
a 21 percent increase from the year-ago period, although the quarter included
14 weeks instead of the 13 weeks included in 2008’s fourth quarter.
Dow Jones Newswires | Loews Corp. and its CNA Financial Corp. insurance unit returned to the
black in the fourth quarter as they avoided the prior year’s investment
losses and write-downs.
Insurers were pummeled as 2008 came to an end as the equity and other
markets swooned amid the darkest days of the financial crisis. But many
in the sector have reported sharply improved results in the fourth
quarter amid the absence of such losses.
Tribune staff report | Chicago insurance broker Aon said it swung to a fourth-quarter profit of $198 million, or 69 cents a share, as revenue rose 9 percent to $2.1 billion. Aon lost $6 million in the same period a year ago.
An industrywide price war has weighed on the bottom line. In addition, Aon has been overhauling its operations for more than a year.
By Mike Hughlett | Buoyed by lower commodity prices and a cost cutting offensive, Sara Lee Corp. beat Wall Street profit expectations in its most recent quarter, and the Downers Grove-based packaged food maker Thursday raised its earnings guidance for the rest of the year.
The maker of Jimmy Dean sausages, Hillshire Farm deli meats and its namesake baked goods says profit for its fiscal second quarter totaled $371 million, or 53 cents per share, compared with a loss a year ago. Excluding one-time items and discountinued opertations, net income was 28 cents per share.
Dow Jones Newswires | Tenneco Inc. swung to a fourth-quarter profit on steep prior-year charges as the auto parts maker also benefited from cost cutting and reported higher sales for the first time in nearly two years.
Lake Forest-based Tenneco, which makes shock absorbers, suspensions and manifolds, posted a profit of $17 million, or 32 cents a share, compared with a year-earlier loss of $298 million, or $6.40 a share. The latest quarter included a net 19 cents in gains.
Traders at the Chicago Mercantile Exchange in April. (Antonio Perez/Chicago Tribune)
Dow Jones Newswires | CME Group Inc. fourth-quarter earnings more than tripled on year-earlier write-downs, but it failed to meet analysts’ expectations after besting them in the last two quarters.
The world’s largest futures exchange posted a profit of $202.6, or $3.04 a share, from $62.1 million, or 93 cents a share, a year earlier. Excluding investment impairments in the previous period, among other items, earnings fell to $3.37 a share from $3.58. Revenue decreased 3.5 percent to $667.5 million.
See earnings statement: prnewswire.com
Dow Jones Newswires | Hospira Inc.’s fourth-quarter earnings fell 7.6 percent on restructuring charges, but adjusted results rose and beat analysts’ estimates as revenue jumped 15 percent.
Hospira reported a profit of $96.7 million, or 58 cents a share, down from $104.6 million, or 65 cents, a year earlier. Excluding items such as the write-downs, earnings rose to 87 cents from 78 cents. Revenue jumped 15 percent to $1.06 billion.
