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Wall Street edges up on Greece, Disney earnings (Reuters)

A Wall St. sign is seen outside the New York Stock Exchange, February 6, 2012. REUTERS/Brendan McDermidReuters - Stocks edged higher on Wednesday as hopeful investors awaited the latest attempt by Greece to reach a deal on reforms in exchange for a new bailout.


Sprint posts deeper 4Q loss on iPhone costs (AP)

In this Feb. 7, 2012 photo a woman shops for a Sprint smart phone at a Little Rock, Ark., Best Buy store. The iPhone helped Sprint gain customers in the latest quarter, but also forced the carrier to post its largest loss in three years because of the high cost of the phone a network upgrade. (AP Photo/Danny Johnston)AP - Sprint dug deep into its pockets in the latest quarter to put iPhones in the hands of its customers. The perennially money-losing company on Wednesday posted its largest loss in three years.


Coinstar's Spectacular Quarter Makes It Worth Your Dollars (The Motley Fool)

The Motley Fool - Automated retail solutions provider Coinstar (Nasdaq: CSTR - News) beat Street estimates handsomely in the fourth quarter, and saw its shares spike 13% in extended trading.

Frustration mounts as Greeks seek elusive bailout deal (Reuters)

Reuters - Greek party leaders finally gathered on Wednesday to agree a reform deal in return for a new EU/IMF rescue to avoid a chaotic default, after repeated delays which have prompted warnings that the euro can live without Athens.

Greek party leaders arrive for crucial debt talks (AP)

AP - Greek coalition leaders have arrived for crucial debt talks with the country's prime minister to review a draft deal on steep cutbacks demanded by creditors in return for a euro130 billion ($170 billion) bailout.

Goldman's van Praag to retire at end of March: memo (Reuters)

Reuters - Lucas van Praag, a Goldman Sachs partner and the global head of corporate communications for the firm will leave at the end of March, according to a memo obtained by Reuters.

Time Warner beats forecasts, shares up (Reuters)

Reuters - Time Warner Inc posted better-than-expected quarterly profit on Wednesday helped by its cable networks and the last installment of its Harry Potter movie franchise.

US pledges to work with Europe on tax evaders (AP)

AP - The United States and five European nations are pledging to crack down on global tax evaders.

Sprint loss widens on iPhone costs (Reuters)

Reuters - Sprint Nextel posted a bigger loss, reflecting the higher costs of selling Apple Inc's iPhone. But the loss was smaller than expected because its signed up fewer subscribers than expected.

Nissan sees annual profits beating Toyota, Honda (Reuters)

Reuters - Nissan Motor Co is on track to be the most profitable of Japan's three big automakers this year, after record car sales last year and improved market share in every major region pushed up quarterly operating profit.

Higher speeds, hired guns drive Somali piracy cost (Reuters)

Reuters - Somali piracy in the Indian Ocean costs the global economy some $7 billion a year, a study said on Wednesday, with ships forced to travel faster over longer routes and increasingly hire armed security guards.

Statoil earnings surge on higher oil, gas prices (AP)

AP - Norwegian oil company Statoil ASA on Wednesday said its profits soared in the fourth quarter on higher oil and gas prices and a one-time gain from the sale of a stake in a gas transportation company.

Eyes on dissident states as mortgage deal nears (Reuters)

Reuters - A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said.

Report: Silicon Valley sees growth in jobs, wealth (AP)

AP - Silicon Valley is creating jobs and wealth for highly skilled workers but may be leaving some residents behind as employment closes in on pre-Great Recession levels, according to a report released Tuesday.

Walmart names ex-Woolworths veteran as new China CEO (Reuters)

Reuters - Wal-Mart Stores Inc has named an industry veteran, but a relative newcomer to China, to run what is a strategically crucial business for the world's biggest retailer as it faces tougher competition in the fastest growing major economy.

Stock gains turn hedge fund losers into winners (Reuters)

Reuters - Last year's hedge fund losers may be turning into winners again.
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