Earnings reports
- Hasbro in the fourth quarter earned $130.3 million, or 99 cents per share. That's compared with $139.1 million, or $1.06 per share, in the year-ago period. Not including one-time restructuring charges, the company earned $1.20 per share. Revenue slipped to $1.28 billion from $1.33 billion.
- Philip Morris International Inc. in the fourth quarter earned $2.1 billion, or $1.25 per share, up from $1.9 billion, or $1.08 per share, a year ago. On an adjusted basis, it earned $1.24 per share. Excluding excise taxes, revenue increased nearly 3 percent to $7.9 billion.
- Daimler AG said fourth-quarter net profit was $3.1 billion, up from $2.4 billion in the same quarter last year, thanks to the sale of 7.5 percent in European defense company EADS. The $949 million sale masked a 2 percent fall in operating profit in the period to $11.5 billion from $11.7 billion in 2011.
- Sprint Nextel lost $1.3 billion in its fourth quarter, about the same as a year ago. It lost 44 cents per share versus 43 cents per share in the previous year. Revenue was $9 billion, up 3.2 percent from a year ago.
- Sony lost $115 million in the last quarter. It reported a $1.68 billion loss the same period the previous year. Quarterly sales inched up nearly 7 percent to $21 billion.