Reuters - Sony Corp's (6758.T) results offered tangible proof a restructuring at the electronics maker is starting to pay off as it halved its annual loss forecast on a rebound in flat-TV business and cost cuts.
AP - Toyota Motor Corp., grappling with spreading safety problems that are battering its image, returned to profit in the October-December quarter and raised its annual earnings forecast.
AP - Sony's quarterly earnings surged more than sevenfold, boosted by blockbuster movie releases, cost cuts and its mainstay consumer electronics business returning to the black.
AP - Lenovo Group, the world's fourth-largest personal computer maker, reported its second straight quarterly profit on Thursday as a 33 percent rise in sales drove its recovery from the global downturn. -- read full article
AP - Royal Dutch Shell PLC on Thursday reported a fourth quarter net profit of $1.96 billion, due to higher oil prices, but said refining margins were poor and announced plans for 1,000 new job cuts. -- read full article
AP - Germany's Deutsche Bank AG said Thursday that improved trading, along with tax benefits in the U.S., lifted its net earnings to euro1.3 billion ($1.8 billion) in last year's fourth quarter. -- read full article
AP - Unilever NV, maker of consumer products such as Ben & Jerry's ice cream and Dove soap, saw fourth quarter earnings fall by 27 percent after its year-ago figures were boosted by a one-time gain on the sale of its Bertolli olive oil business. -- read full article
AP - Swiss insurer Zurich Financial Services Group on Thursday reported a five-fold increase in fourth-quarter net profit thanks to higher premiums and fewer writedowns. -- read full article
AP - Honda's quarterly profit soared sixfold on cost cuts and strong sales of green vehicles, boosting the Japanese automaker's full year forecast as the global car market gradually recovers.
AP - Japan's Sharp Corp. booked its second straight profitable quarter in October-December, its cost-cutting efforts bringing it back from large losses even as sales of flat-screen TVs and other products stayed flat.
AP - Defense contractor ITT Corp. said Wednesday fourth-quarter profit rose 7 percent as lower costs helped offset a sales decline. -- read full article
Reuters - Honda Motor Co (7267.T) raised its annual forecast on Wednesday after cost-cuts boosted quarterly profit and said it was concerned that rival Toyota's (7203.T) huge safety recall might tarnish other Japanese brands. -- read full article
AP - Black & Decker said Wednesday its fourth-quarter profit fell on expenses related to its $4.5 billion acquisition by Stanley Works. -- read full article
AP - AOL Inc., newly released from its fizzled marriage with Time Warner Inc., reported a profit for the fourth quarter on Wednesday, reversing a year-ago loss brought on by huge accounting charges even as revenue fell.
