Columbus McKinnon Corp, ( CMCO: chart), the company reported that if not for items in both periods, the company posted a pro forma profit of 52 cents a share in Q4, up from a equivalent profit of 29 cents a share a year-ago. Sales advanced 1.8% in the period to $147.1 million from $144.5 million in the sametime a year ago. The company beat analysts’ estimate for a profit of 46 cents a share. The company also said it expects capital spending of between $8 million and $10 million in fiscal 2007.
Vodafone Group, ( VOD: chart), mobile operator, reported it lost 17.23 billion pounds ($32 billion) in the year ending March 31 from continuing operations, hurt by writedowns to its German and Italian businesses, while revenue advanced 10% to 29.35 billion pounds. The company added it will return 9 billion pounds ($16.7 billion) to shareholders in August, with 6 billion pounds coming from the sale of its Japanese operations.
Bombardier, ((BBDSVB)), aerospace and transportation company, reported Q1 net income dropped 56% to a penny a share, from 3 cents a share in the year-ago period on 6.1% revenue decline. Earnings from continuing operations before special items came to 2 cents against a penny. Revenue dropped to $3.53 billion from $3.76 billion. |