2012-02-08: AP - Australia's largest telecommunications company, Telstra Corp., has reported a 23 percent first-half profit increase to $1.47 billion ($1.58 billion) over the same period a year earlier.

2012-02-08: Reuters - Groupon Inc posted a quarterly loss, defying Wall Street's hopes that the fledgling daily deals company had eked out a profit in the final three months of 2011. Its shares tanked.

2012-02-08: Reuters - Visa Inc reported a higher quarterly profit as the world's largest credit and debit card processing network benefited from consumers swiping their cards more, and authorized a new $500 million share repurchase program.

2012-02-08: Reuters - Rupert Murdoch's News Corp posted a better-than-expected quarterly profit on Wednesday driven by strong growth at its cable networks and movie studio offset by declines at its publishing business.

2012-02-08: AP - Rupert Murdoch's News Corp. said Wednesday that net income grew by nearly two-thirds in the final quarter of 2011, despite expenses related to the ongoing phone hacking investigation at its U.K. newspaper unit.

2012-02-08: AP - Visa Inc. said Wednesday that its fiscal first-quarter profit rose 16 percent, as card use rose both in the U.S. and overseas.

2012-02-08: AP - GREECE LIGHTENING: Greece still hasn't finalized a deal to cut what it owes bondholders, get a bailout and avoid defaulting on its debt next month. But investors seemed glad that an agreement appeared near.

2012-02-08: AP - Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt.

2012-02-08: AP - Drugstore chain Walgreen's loss of a big client is turning into rival CVS Caremark's gain so far this year.

2012-02-08: AP - RISING ABOVE: Nissan's quarterly profit rose 3.2 percent on healthier sales that offset production damage from flooding in Thailand and a battering from the strong yen.

2012-02-08: AP - Stocks were mixed Wednesday afternoon as questions mounted over whether Greece will hammer out a cost-cutting deal it needs to keep from defaulting on its debt.

2012-02-08: AP - Markets remained hopeful Wednesday that a long-awaited deal to allow Greece to claim its second bailout was near despite another delay to discussions between the country's political leaders.

2012-02-08: Reuters - Senator Pat Toomey is urging businesses to push back against efforts by U.S. securities regulators to impose new rules on the money market fund industry, which he says could 'wipe out' the products.

2012-02-08: AP - U.S. stocks fell mid-morning Wednesday as frustrations mounted over whether Greece would hammer out a cost-cutting deal needed to prevent the country from defaulting on its debt.

2012-02-08: Reuters - Cisco's earnings have had a way of crushing the dreams of optimists in the last two years.

2012-02-08: AP - U.S. stocks are opening mixed as traders wait for European leaders to hammer out a bailout deal for Greece.

2012-02-08: AP - Time Warner says its fourth-quarter earnings grew slightly as revenue jumped 5 percent on strong performance at its Warner Bros. movie studio and its cable television networks.

2012-02-08: AP - CVS Caremark Corp.'s fourth-quarter earnings climbed nearly 4 percent, as the drugstore operator's pharmacy services revenue swelled because of a long-term contract and new business.

2012-02-08: AP - It was just last summer that the Dow Jones industrial average shed 2,000 points in three terrifying weeks. Investors had a host of things to worry about, including the possibility of another recession.

2012-02-08: AP - Norway's Telenor said Wednesday that a court decision in India to cancel all operating licenses of its Uninor subsidiary led to a 1.9 billion kroner ($330 million) fourth-quarter loss.

2012-02-08: AP - Markets were hopeful Wednesday that a long-awaited deal to allow Greece to claim its second bailout was near despite another delay to discussions between the country's political leaders.

2012-02-08: AP - World stocks rose Wednesday as Japan's powerhouse exporters got a boost from hopes of new moves to weaken the yen while a deal appeared within reach between Greece and its creditors to cut the country's massive debt load.

2012-02-08: AP - Asian stocks rose Wednesday as Japan's powerhouse exporters got a boost from hopes of new moves to weaken the yen while a deal appeared within reach between Greece and its creditors to cut the country's massive debt load.

2012-02-07: Reuters - Walt Disney Co's quarterly revenue fell short of Wall Street's expectations after the movie studio put in a poor showing, but profit grew at a faster-than-expected 12 percent clip as media networks and theme parks held strong in an uncertain economy.

2012-02-07: AP - Asian stock markets followed Wall Street higher on Wednesday as Greece appeared close to a deal with creditors to cut its massive debts and avoid a chaotic bankruptcy.

2012-02-07: AP - BHP Billiton Ltd., the world's biggest miner, on Wednesday posted a 5.5 percent slide in first-half profit to $9.9 billion and blamed lower commodity prices as well as production constraints.

2012-02-07: AP - GREECE IS THE WORD: Stocks resumed their slow-but-steady climb on Tuesday as Greece appeared close to announcing a deal with creditors to reduce its debt. The Dow Jones industrial average ended at its highest level since May 2008.

2012-02-07: AP - Stocks resumed their slow but steady climb Tuesday as Greece appeared close to announcing a deal with creditors to cut its debt. The Dow Jones industrial average ended at its highest level since May 2008.

2012-02-07: AP - Stocks held steady in the green Tuesday afternoon on growing confidence about the U.S. job market and hope that Greece will reach a debt deal.

2012-02-07: AP - Switzerland's biggest bank, UBS AG, saw its profits slide by 76 percent in the fourth quarter, in a further sign that a $2 billion trading scandal last year has dented business at a time of economic weakness in Europe and abroad.