According to Reuters, Cadbury Schweppes Plc said it would split its candy and drinks businesses into two companies.
Reuters writes that the boardroom spying case against former HP (HPQ) chaiman Patrcia Dunn was dropped.
Reuters writes that China has passed the US as Skype’s (EBAY) top market.
The Wall Street Journal wirtes that Wal-Mart (WMT) is renegotiating leases with banks in its stores giving it the right to offer right to offer mortgages, loans and other financial services
The WSJ writes that GM had a $950 million profit in its fourth quarter.
The WSJ reports that Lehman Bros. (LEH) reported record profits for its most recent quarter.
The WSJ writes that NBC Universal (GE) will offer feature length content for cell phones.
The New York Times reports that Google (GOOG) will begin to keep people’s search records for only 18 to 24 months, a move to improve user privacy.
FT reports that web censorship is spreading globally to countries including Saudi Arabia, Iran, and China.
Barron’s writes that European drug maker Novartis has eight new branded drugs in its pipeline. The pay-off from R&D efforts should benefit investors.
Douglas A. McIntyre
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