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• AEP Cuts Amount of Coal-Fired Power Generation It Will Shut
  American Electric Power Co., the largest U.S. coal user, reduced by 13 percent the amount of coal-fired power generation it will shut, saying customers in the state of Kentucky may provide the $940 million it needs to keep one of the plants operating.The company plans to...
• Brookfield in Talks With Two Companies for Bank of America Space
  Brookfield Office Properties Inc. is in talks with two companies for about half of the space Bank of America Corp. will leave behind at New York s World Financial Center, the landlord s chief executive officer said.Ric Clark, speaking on New York-based Brookfield s fourth-...
• International Paper Takeover Gets Conditional U.S. Approval
  International Paper Co., the world s largest pulp and paper producer, won U.S. antitrust approval for its $3.7 billion takeover of Temple-Inland Inc. on condition it sell three containerboard mills.
• GE Holds Dividend Steady, Analysts See Dec. Hike
  General Electric Co said on Friday that its board voted to hold its quarterly dividend steady at 17 cents.The largest U.S. conglomerate had raised its payout four times in 18 months, with the last hike coming in December and representing a cumulative 70 percent increase...
• Toyota Camry, RAV4s in U.S. Probe for Driver-Side Door Fires
  Toyota Motor Corp. Camry and RAV4 vehicles are under investigation by U.S. automobile-safety regulators after reports of electrical fires in driver-side doors.
• Reliance Comm Profit Falls for 10th Straight Quarter
  India's Reliance Communications reported its 10th straight quarter of declining profit as interest costs soared, with investors betting on a sale of the No. 2 mobile operator'stower business to pare its heavy debt load.
• Apollo Fourth-Quarter Profit Falls 66% on Market Swings
  Apollo Global Management LLC, the private equity firm that went public last year, said fourth- quarter profit fell 66 percent as market swings hurt its private equity holdings.
• RadioShack Options May Signal M&A Deal
  As short sellers push bearish wagers against RadioShack Corp. to a four-year high, options traders are increasing bets that the cheapest U.S. specialty retailer will become a takeover target.
• Travelers Recovering Well After Crisis
  Travelers (TRV), the only insurer in the Dow Jones Industrial Average, is rebounding well from the financial crisis. The company is one of the country s leading commercial and personal insurers, providing auto, homeowners, and small commercial coverage. It also has several...
• Saks Seeks Sustained Retailing Rebound
  Saks (SKS), one of the country s top upscale department stores, seeks a sustained retail rebound, both from the Great Recession and from its underperformance against other luxury retailers. Saks shares have offered an annualized total return of negative 12 percent over the...
• Mohawk Waits On Weak Housing Recovery
  Mohawk Industries (MHK), a major manufacturer of carpeting and other types of floor coverings, is whittling costs while waiting on a weak U.S. housing recovery. The Calhoun, Ga. company is a global leader in the production and sale of commercial and residential floor...
• Wyndham Firms Up Finance, Charms Investors
  Wyndham Worldwide (WYN), the holding company that owns hotel brands Howard Johnson's and Days Inn, has been firming up its finances by freeing up cash flow to buy back stocks and become a more streamlined, investor-friendly company. Revenue during the fourth quarter rose 7...
• P&G Said to Seek Termination of Pringles Sale to Diamond
  Procter & Gamble Co. has decided it will seek to terminate its sale of the Pringles snack business to Diamond Foods Inc., said three people with knowledge of the situation, following the accounting probe that ousted Diamond’s chief executive officer.
• Lehman Brothers Sues Citigroup for $2.5 Billion
  Lehman Brothers Holdings Inc. and its creditors are suing several units of Citigroup Inc. to recover $2.5 billion the failed investment bank transferred to a backup account at Citi months before seeking bankruptcy court protection.
• LinkedIn's 4Q Earnings Strong, Revenue Doubles
  LinkedIn is reporting a strong fourth quarter as the online professional networking service added 14 million members.
• Facebook Value Tops $100 Billion in Private Market Trading
  Facebook Inc. s privately traded shares have risen 10 percent since the dominant social network filed for an initial public offering, pushing its market value past $100 billion, according to SharesPost Inc.SharesPost managed the auction of 150,000 shares of Facebook s Class...
• Activision's Quarterly Sales Beat Expectations
  Activision Blizzard'squarterly sales beat Wall Street expectations on Thursday as the video game publisher lost fewer World of Warcraft subscribers than it did a quarter ago.The company ended the quarter with 10.2 million World of Warcraft subscribers, which is down...
• Kodak to Stop Making Cameras, Digital Picture Frames
  Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more than a century ago.
• Huntsman Named to Ford Motor Co. Board
  
  Former Utah Gov. Jon Huntsman has a new gig post-presidential campaign: He has been elected to Ford Motor Co.’s board of directors, Automotivenews.com reports.
• Dunkin' Posts Profit Beat, but Margin Disappoints
  Dunkin' Donuts and Baskin-Robbins parent Dunkin' Brands Group Inc reported a higher-than-expected quarterly profit on strong U.S. results and lower taxes, but its shares fell 2.1 percent as margin growth disappointed investors.
• Williams Partners a Solid Midstream Gas MLP
  Williams Partners (WPZ) represents a solid player in the universe of master limited partnerships that operate midstream natural gas assets. The partnership owns interests in three major interstate natural gas pipelines in addition to large-scale natural gas gathering and...
• Thomson Reuters Posts Loss, $3 Bln Goodwill Charge
  Thomson Reuters Corp reported a fourth-quarter loss on Thursday after taking a $3 billion non-cash goodwill impairment charge to account for the decline in its financial services business.
• Enbridge Reaps Reward of Top Pipeline
  Enbridge Energy Partners (EEP), one of the biggest transporters of crude oil in the Americas, reaps the rewards of a top pipeline asset. The master limited partnership operates the U.S. section of the world s longest crude pipeline, Lakehead. It runs 3,300 miles from the...
• Supervalu: Big Dividend, Bigger Debt
  Grocery store operator Supervalu (SVU) sports a big dividend, along with even bigger debt load. Given this financial baggage, investors might not be wooed by the tempting yield. Supervalu is in two businesses. As the third-largest U.S. supermarket operator, Supervalu has...
• American Express Rides Uptick in Spending
  Consumer finance powerhouse American Express (AXP) is riding an uptick in consumer spending. A stock long favored by Warren Buffett, AmEx may even outpace rivals Visa (V) and Mastercard (MA) in 2012, say analysts, after lagging behind last year. AmEx s business is divided...

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