Reuters - Sprint Nextel Corp on Wednesday posted a higher fourth-quarter profit as revenue rose despite weak customer growth.

AP - For TXU Corp., higher fourth-quarter profits were eclipsed Tuesday by political wrangling over the pending sale of the company in what would be the largest private buyout ever.

AP - El Paso Corp., the nation's largest natural gas pipeline company, on Tuesday posted a slightly wider loss in the fourth quarter than a year earlier as costs related to the sale of pipeline capacity offset gains in its core pipeline and exploration businesses.

AP - Federated Department Stores Inc. reported strong fourth-quarter profits Tuesday and said it will change its name to Macy's Group Inc. But the department store operator — still struggling to integrate former May Department Stores Co. stores — offered a profit forecast well below Wall Street expectations.

AP - Movie-rental company Blockbuster Inc. said Tuesday its fourth-quarter earnings fell 28 percent, largely due to costs to launch and promote its growing online rental business.

Reuters - Target Corp. reported higher quarterly profit on Tuesday, beating estimates on strong holiday season sales and growth in its credit card business, though the stock fell more than 3 percent amid a broad market sell-off.

Reuters - Ketchup maker H.J. Heinz Co. on Tuesday said quarterly profit soared nearly 90 percent, helped by new products, increased marketing and improvement in its international business.