According to Reuters, Google’s (GOOG) profit nearly tripled in the last quarter, but revenue improvements did not sit well enough with investors.
Reuters reports that the Nikkei newpaper wrotes that the Chicago Merchantile Exchange (CME) and Tokyo Stock Exchange are considering a business partnership.
Reuters also reports that founder Michael Dell has returned to the CEO job at troubled Dell Computer (DELL).
Reuters writes that the Monster (MNST) online job index moved up modestly in the US for January.
Reuters also writes that Royal Dutch Shell reported a 2.6% increase in "underlying" profits.
The Wall Street Journal reports that a Vornado-lead (VNO) bid for EOP (EOP) is expected to top one from Blackstone.
The Wall Street Journal writes that profits at DeutscheBank (DB) almost tripled as capital markets business gained.
The WSJ also writes that Altria (MO) will spin-off food unit Kraft (KFT) at the end of March.
The New York Times reports that US Air (LLY) has cancelled its $10.2 billion offer for Delta.
The NYT also writes that Ford (F) and GM (GM)expect double digit drops in January sales.
FT reports that Nasdaq (NDAQ) is prepared for a long battle to take control of the London Stock Exchange.
Barron’s writes that AG Edwards is reiterating its "buy" rating on Schering Plough (SGP)
Barron’s also reports that Morgan Stanley felt Google (GOOG) came up short on EBITDA in the last quarter.
Douglas A. McIntyre
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