According to Reuters, Alcoa (AA) profits surged on higer aluminum prices.
Reuters writes that Dow Jones (DJ) will cut job at it newswire and Factiva businesses.
Reuters writes that Chevron (CVX) saw lower production of gas and oil in Q4.
Reuters says that Nintendo sees its profits doubling on DS game console sales.
The Wall Street Journal reports that Gannett (GCI), Mcclatchy (MNI), and The Tribune (TRB) will put together a system for buying online advertising across news websites from all three companies. The move is meant to get back ads that have moved to sites like Yahoo! (YHOO).
The WSJ writes that CBS (CBS) is saying that it will become one of the major media companies that is staking much of its future distribution on the internet.
The WSJ writes that biotech firm Genentech (DNA) says that earnings grew as much as 70% for the year.
The New York Times writes that Congress will take up legislation to prevent high-speed internet access companies from charging a toll to content providers for "priority access".
The NYT writes that investors are pressuring Home Depot’s (HD) board for significant change at the big home improvement company now that its former CEO is gone.
The FT writes that US homebuilders are seeing drops in cancellations a sign that the falling real estate market may be bottoming.
Barron’s writes that now that Time Warner Cable (TWCAV) is public demand for the shares could drive the price up substantially.
Douglas A. McIntyre
Top Gaining Stocks
Top Losing Stocks