Brink's earnings up
Shares of Brink's Company stock were trading high todayÃ¢â‚¬â€the highest since 2003 when it changed its name from Pittston Co to Brink's, according to a Rueters reportÃ¢â‚¬â€after the company posted higher-than-expected first-quarter earnings. Here's the official press release. First quarter income was up $48 million, or $1.02 per share, up from $31.1 or 66 cents per share for the same quarter last year. Revenue was up 24 percent from $920.6 million from $740.5 million last year. Operating profit was up 51 percent to $97.3 million. Brink's said the increase was driven by "Latin American Operations and Brink's Home Security Unit."