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Earnings

LeasePlan Sets Strategic Direction, Reports 2016 Results

LeasePlan N.V. increased revenue, net profit, and the number of vehicles it manages in 2016 with factors such as small and medium fleet leasing, retail leasing, and "low single-digit growth" with corporate clients, the company announced.

Element Increased Operating Income 45% in 2016

Element Fleet Management increased operating income 45% and increased service and other revenue to 55% of total revenue in 2016, due in large part to its part to its acquisition-oriented growth strategy, the company announced.

UPS Lowers Financial Expectations

Trucking and parcel delivery giant UPS on Friday announced it expects fourth quarter 2014 earnings to be lower that earlier forecast.

GM Reports 2012 Net Income of $4.9 Billion

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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