BUSINESS NEWS - Earnings highlights: Time Warner, BP, Cisco, Motorola, Visa and others - Bloggingstocks.com BUSINESS NEWS - Earnings highlights: Time Warner, BP, Cisco, Motorola, Visa and others - Bloggingstocks.com

Saturday, February 7, 2009

BUSINESS NEWS - Earnings highlights: Time Warner, BP, Cisco, Motorola, Visa and others - Bloggingstocks.com

Anadarko Petroleum Corp. (NYSE: APC ) reported that its Q4 profit tripled but it fell short of estimates. Biogen Idec Inc. (NASDAQ: BIIB ) met earnings estimates but it is getting more pressure from Carl Icahn. BP (NYSE: BP ) surprised Wall Street in New York Shares News

The cable industry’s two biggest technology suppliers, Cisco Systems and Motorola, last week posted quarterly declines in service-provider revenue, although both cited video-related equipment sales as a bright spot. Cisco’s service-provider in New York Shares News

Maybe President "A failure to act, and act now, will turn crisis into a catastrophe" Obama doesn't need to be quite so gloomy. Larry Kudlow points out some reasons for optimism: Mustard seeds planted a while back are now pointing to economic recovery in New York Shares News

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