Weyerhaeuser Co announced that its fourth-quarter profit fell as its wood products business was hurt by the slump in the U.S. housing market, though adjusted earnings still beat Wall Street expectations.

Moody's Corp, which performs financial research and analysis on commercial and government entities, announced that its fourth-quarter profit fell, as credit market turmoil reduced ratings for complex debt.

British pharmaceutical, biological, and healthcare company GlaxoSmithKline PLC announced its fourth-quarter net profit fell 10%. The company forecasts a decline in earnings this financial year because of lower sales of its Avandia diabetes pill and greater generic competition.

A global American beverage and snack company PepsiCo Inc. announced its fourth-quarter profit fell 31% from results a year ago that included a tax benefit from a settlement with the Internal Revenue Service.

Volvo AB, Swedish truckmaker, announced its fourth quarter net income rose 9.8%, helped by continued strong growth in Asia and Europe.

Biogen Idec Inc announced its fourth-quarter profit rose 84%, helped by increased sales of its multiple sclerosis drugs Avonex and Tysabri.

Europe’s third largest telephone communication company, France Telecom SA, announced a 52-percent increase of its annual profit. The achievement became possible due to company’s efforts to attract more subscribers. In addition, the company cut jobs and paid less tax.

Mazda Motor Corp. announced that its net profit grew 7.1% in the third quarter, as it sold more vehicles in emerging markets as well as in Europe and North America.

NYSE Euronext reported that EPS doubled to 59 US cents in the fourth quarter from 29 cents a year earlier as volatility on its financial markets continued to lift revenues and as the company implemented cost cuts.

Semiconductor maker Freescale Semiconductor Inc claimed that the company would purchase SigmaTel Inc, which makes chips for MP3 players, for about $110 million in cash to meet increased demand for consumer electronics devices.

Humana Inc. announced the increase of its fourth-quarter earnings by 57 percent. The increase was achieved because of the income tax rate the level of which was lower than expected. In addition, the company obtained profit from a venture capital investment. As a result, Humana raised the outlook of its profit for 2008.

Wendy's International says its 4Q earnings rose 42% from a year ago, as profit margins at its U.S. stores improved despite higher commodity costs.