Daily business briefing: Olin's net income up 19 percent

January 28, 2014 

Olin Corp. is reporting a net income of $178.6 million for fiscal 2013, up 19 percent from last year. The St. Louis Business Journal reports that the Clayton, Mo.-based company had record sales from its Winchester division. Read more at http://www.bizjournals.com/stlouis. ...

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A total of $2.4 billion in special charges that is mostly related to its bankruptcy reorganization and merger with US Airways added up to a $2 billion loss during the fourth quarter for American Airlines. The airlines merged on Dec. 9 as American came out from two years under bankruptcy protection. Find out more at http://www.bnd.com/business. ...

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Orders for durable goods fell 4.3 percent last month. The Commerce Department also reported a 17.5 percent drop in the volatile category of commercial aircraft. Learn more at http://www.bnd.com/business. ...

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Ford Motor Co. has recorded a profit of $7.2 billion last year as full-year revenue rose 10 percent to $146.9 billion. But the company has already warned that profits will be down this year as it launches a record 23 vehicles and builds seven plants around the world. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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