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Clean Diesel Technologies (CDTi) reached an agreement to convert $8.5 million in debt into its common stock, the company revealed in financial results for the second quarter ending June 30.
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Element Financial Corp.'s fleet management business doubled originations in the second quarter compared to the same quarter a year ago, the company has reported.
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Trucking and parcel delivery giant UPS on Friday announced it expects fourth quarter 2014 earnings to be lower that earlier forecast.
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Trucking and package delivery giant FedEx Corp. on Wednesday reported a big jump in profit for its fiscal year second quarter.
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Net income totaled $606 million or $2.10 per share, up 37% from last year’s $1.53 per share. Revenue was $11.7 billion, an increase of 6% from the same time a year earlier.
Read More →General Motors' full-year earnings before interest and taxes were $7.9 billion, down from $8.3 billion in 2011. Total revenue increased 1% in 2012, to $152.3 billion, compared with $150.3 billion in 2011.
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