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Stericycle Inc. said its fourth-quarter earnings increased 12 percent, as sales at the medical-waste disposal company jumped 25 percent.
Net income in the period was $50 million, or 57 cents a share, up from $44.6 million, or 52 cents a share, a year ago. Revenues rose to $393.5 million, from $313.5 million. Acquisitions in the past 12 months contributed about $32.5 million in revenues. Get the full story »
Sally Beauty Holdings Inc.’s quarterly results beat market expectations, as consumers continued to prefer doing their own make-up at home instead of heading to salons during the holiday season, lifting its shares over 16 percent. Get the full story »
The stock of $2.12 billion-asset Old Second Bancorp Inc. was down 16.6 percent in late morning trading as the troubled Aurora-based lender reported a fourth-quarter loss of $76.6 million, or $5.48 a share. Get the full story »
MasterCard Inc.’s fourth-quarter profit soared 41 percent as cardholders ratcheted up spending at a record pace and the company processed more payments, spurring growth in revenue. Get the full story »
Intense competition in the cell phone industry resulted in a difficult fourth quarter for Chicago-based U.S. Cellular Corp.
The company said Thursday that its fiscal performance in the quarter ended Dec. 31 fell below its expectations because the company had to step up promotions to retain and attract customers. U.S. Cellular lost 21,000 customers during the quarter. It finished 2010 with about 6.1 million customers.
The company gave a sneak peak at its results ahead of its earnings release on Feb. 24. Get the full story »
CME Group Inc., the world’s biggest futures exchange operator, said quarterly profit fell 3 percent, hurt by a one-time charge for state taxes. CME’s fourth-quarter net income fell to $196 million, or $2.93 a share, from $203 million, or $3.04 a share, a year earlier. Get the full story »
Water treatment services company Nalco Holding Co. said it will continue to be hit by higher raw material prices in the first half of 2011.
Naperville, Illinois-based Nalco, which forecast weak earnings for 2011 on Tuesday, saw its shares fall 11 percent to $27.63 on Wednesday — their lowest in three months. Get the full story »
Shares of Hospira Inc. lost 7 percent of their value after the company said fourth-quarter profits fell nearly 40 percent, as the maker of drugs and devices works to improve product quality in the wake of regulatory issues.
Hospira had lower-than-anticipated fourth quarter sales because it has been unable to deliver products to customers fast enough due largely to “quality enhancement initiatives.” Get the full story »
Shares of Glenview-based Anixter International Inc. jumped Tuesday after the company said its fourth-quarter profit more than doubled, easily topping Wall Street analysts’ expectations.
The stock rose $3.90, or 6.2 percent, to $67.17 in late trading. Get the full story »
U.S. agricultural processor and ethanol producer Archer Daniels Midland Co reported stronger-than-expected quarterly earnings on Tuesday as rising grain prices and robust global demand bolstered results, sending its shares up 6.3 percent in premarket trading.
For the fiscal second quarter ended Dec. 31, net profit was $732 million, or $1.14 per share, compared with $567 million, or 88 cents per share, a year earlier. Get the full story »
NiSource Inc.’s fourth-quarter earnings fell 63 percent amid early debt-extinguishment losses as the regional utility reported higher-than-expected revenue.
The Midwest and Northeast electricity and natural gas utility has benefitted from cost cutting and improving demand in some of its markets last year. Its industrial volume received a boost as the manufacturing sector rebounded last year. Get the full story »
BP PLC Tuesday resumed its corporate dividend and deepened strategic changes. But the company’s earnings came in below expectations, as BP signaled that short-term oil and gas volumes would continue to drop. Get the full story »
Alberto-Culver Co.’s fiscal first-quarter earnings rose 30 percent, missing Street estimates, as currency fluctuations and rising input costs dampened sales growth.
The personal-care product maker’s shareholders approved its $3.7 billion acquisition by consumer products giant Unilever PLC last month after it conceded in November to some institutional investors’ demands for the company to make itself more amenable to competing offers. Get the full story »
Diversified U.S. manufacturer Illinois Tool Works Inc. reported quarterly earnings that were a penny shy of expectations even as a host of its business units reported double-digit sales growth.
The company, which makes everything from industrial fasteners and adhesives to professional kitchen equipment and flooring, also issued a profit forecast for the current quarter that was higher than the average Wall Street view. Get the full story »
Exxon Mobil Corp. reported a 53 percent increase in quarterly profit Monday as an improving world economy sparked higher demand for fuel and chemicals as crude oil prices rose.
It reported a fourth-quarter profit of $9.25 billion, or $1.85 per share, up from with $6.05 billion, or $1.27 per share a year earlier.
