According to Reuters, sales of Apple’s (AAPL) iPod are now used to guage currency markets by measuring what consumers pay for the device in a number of markets.
Reuters reports that several wealthy investors have offered to put $500 million into The Tribune Company (TRB) to own a percentage of its shares.
Reuters writes that Vornado Realty Trust (VNO) has $21.6 billion for Equity Office Properties (EOP).
Reuters also reports that Apple’s (AAPL) results beat estimates with profits up 78%. The company’s outlook disappointed Wall St.
Reuters also writes that global PC shipments rose 7% in Q4 lead by Hewlett-Packard (HPQ) and Dell (DELL).
Reuters reports that a New Jersey court has revived a lawsuit against Merck (MRK) that would force the company to fund medical monitoring for patients who took its Vioxx drug.
The Wall Street Journal wirtes that Merrill Lynch’s (MER) will be boosted by deals to buyout HCA (HCA) and Hertz (HTZ). But, some investors are worried that the financial services company is taking on too much risk in these deals.
The Wall Street Journal writes that GE (GE) is close to buying the diagnostics division of Abbot (ABT). The deal would add to GE’s healthcare business.
The Wall Street Journal writes that American Air (AMR) posted its first profit in six years as fuel costs fell and traffic increased.
The Wall Street Journal also writes that Microsoft’s (MSFT) new Vista OS will be available for purchase online.
The New York Times reports that Airbus predicts it will have an operating loss in 2006.
The New York Times also reports that JP Morgan Chase (JPM) posted a 68% increase in profits.
The New York times also writes that McDonald’s (MCD) says that its sharp increase in store sales should drive its results above Wall St. estimates.
Barron’s reports that Carl Icahn has increased his stake in biopharma company Telik (TELK).
Barron’s also reports that Apple’s (AAPL) grose margins may shrink in the March quarter.
The FT reports that Intel (INTC) is close to a deal to make chips in a new facility in China.
Douglas A. McIntyre
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