Textron Aviation delivered 58 new Citation jets in Q4/17, flat with last year; 31 King Air turboprops, up from 28 last year and two Beechcraft T-6 trainers, down from eight last year. read more
FEB 2, 2018 - 1:30 pm
Marlin Business Services reported Q4/17 net income of $15.9 million compared to net income of $4.8 million a year earlier. Marlin said Q4/17 earnings included the benefit resulting from the Tax Cuts and Jobs Act. read more
FEB 2, 2018 - 7:04 am
PACCAR achieved record revenues of $19.46 billion in 2017, a 14% increase compared to revenues of $17.03 billion in 2016. read more
JAN 31, 2018 - 6:10 am
CIT reported net income for the full year was $458 million compared to a loss of $848 million a year earlier. Q4/17 new lending and leasing volume increased to $2.9 billion from $2.0 billion in the prior quarter. read more
JAN 30, 2018 - 7:36 am
United Rentals reported 2017 net income was $1.346 billion compared with $566 million a year earlier. The company noted 2017 results included a net income benefit of $689 million associated with the Tax Act. read more
JAN 29, 2018 - 7:27 am
Cat Financial’s retail new business volume for 2017 was $11.22 billion, up 3%, or $316 million, compared to 2016. Q4/17 new business volume of $3.42 billion was up 19%, or $553 million, from the same quarter in 2016. read more
JAN 26, 2018 - 7:15 am
Caterpillar said full-year 2017 sales and revenues of $45.5 billion were up about 18% compared to the previous year. The machinery maker noted 2018 is beginning with strong sales momentum. read more
JAN 26, 2018 - 6:55 am
Huntington Bancshares reported 2017 full-year net income was a record $1.19 billion, an increase of 67% from $712 million the prior year. Results included a tax benefit of $123 million related to the Tax Act. read more
JAN 24, 2018 - 7:32 am
Fifth Third reported full year 2017 net income after preferred dividends was $2.1 billion, up 40% from $1.5 billion a year earlier. read more
JAN 24, 2018 - 6:56 am
SunTrust reported Q4/17 net income of $710 million was up from $448 million for the same quarter in 2016. The bank noted results included a $172 million after-tax net benefit from tax reform-related items. read more
JAN 22, 2018 - 7:00 am
Regions Financial announced Q4 and full year 2017 earnings of $318 million and $1,193 million, respectively, were up from $278 million and $1,094 million in 2016, despite a tax reform charge of $29 million. read more
JAN 22, 2018 - 6:13 am
GATX reported Q4/17 net income of $342.1 million, compared to net income of $30.9 million in Q4/16. GATX recorded a one-time non-cash net tax benefit of $315.9 million due to the Tax Cuts and Jobs Act. read more
JAN 18, 2018 - 12:32 pm
Bank of America reported Q4/17 net income of $2.4 billion, down from $4.5 billion a year earlier. The bank noted it took a Q4 charge of $2.9 billion related to the Tax Cuts and Jobs Act. read more
JAN 18, 2018 - 5:55 am
Wells Fargo reported 2017 net income of $22.2 billion was up from $21.6 billion a year earlier. The bank noted Q4/17 results included a $3.35 billion after tax benefit from the tax act. read more
JAN 15, 2018 - 7:35 am
PNC reported full year 2017 net income of $5.4 billion was up from $4.0 billion a year earlier. The bank noted 65%, or $911 million, of the increase resulted from the impact of new federal tax legislation. read more
JAN 15, 2018 - 7:00 am