Spanish telecoms giant Telefonica SA's posts that its fourth-quarter net profit rose 2.3%, as tougher competition and regulation in Spain and unfavorable foreign exchange movements in key Latin American markets acted as a brake on growth.

Low-cost mobile phone service provider MetroPCS Communications Inc posted a fourth-quarter 47 million dollars loss as the company took a charge on investments that lost value.

Henkel KGaA, an international household products company headquartered in Düsseldorf, Germany, posted an 11 percent increase in fourth-quarter profit after selling more adhesives and said it will curtail as many as 3,000 jobs to further cut costs.

Toll Brothers Inc., the largest U.S. luxury homebuilder, posted a loss for the fiscal first quarter as the worst housing recession in more than two decades forced the company to write down the value of developments.

Analysts at Lehman Brothers reiterate their "equal weight" rating on DreamWorks Animation SKG, while reducing their estimates for the company. The target price has been cut from $33 to $26.

Target reports its profit fell in the fiscal fourth quarter, as sales slowed in the second half of the year overall.

Foster Wheeler Ltd reported rise of fourth-quarter profit due to new orders. The company intends to look at acquisitions to help sustain growth this year.

Sirius Satellite Inc, which intends to buy rival XM Satellite Radio, reported a narrower fourth-quarter loss after an increase in subscribers to its pay-radio service.

Lloyds TSB Group Plc, the biggest U.K. provider of personal loans, posted its second-half profit rose 9%, helped by mortgage lending, asset sales and cost controls.

PD&E Corp. posted that its fourth-quarter profit increased 34% boosted mainly by increased rates from infrastructure investments.

A model of the British milk supply chain, produced by Oxford University economists, confirms the common belief that supermarkets currently hold the bargaining power.

Hotel owner Host Hotels & Resorts Inc posted its quarterly funds from operations rose, due to an increase in average room rates.