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Wal-Mart, Dana Holding Announces Earnings
Thursday, February 21, 10:42 AM ET

Wal-Mart (NYSE:WMT) announced that it earned $5.6 billion, or $1.67 per share for the most recent fiscal quarter, up from $5.16 billion, or $1.50 per share, in the same period last year. Net sales were higher by 3.9 percent to $127.1 billion. Analysts had expected earnings of $1.57 per share and sales of $127.8 billion.

Shares are higher in early trading.

Dana Holding (NYSE:DAN), an auto parts supplier, announced that earnings increased by 24 percent to $88 million, or 41 cents per share during the fourth quarter, versus $71 million, or 33 cents per share in the same period last year. Revenue dropped by 15 percent to $1.6 billion.

For MarketNewsVideo.com, I'm Sayoko Murase.

Wal-Mart, Dana Holding Announces Earnings picture
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