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Presstek posts larger 4Q loss but trims costs (AP)
AP - Digital printing products maker Presstek Inc. posted a larger fourth-quarter loss Wednesday as revenues sank, though it said its overall financial position has grown stronger.
Today's Top Stock Market Headlines
- Axel Springer 2009 net income falls 45 percent (AP) AP - German publisher Axel Springer AG said Wednesday that net income fell 45 percent in 2009 to euro314 million ($427 million), with a drop in demand for newspapers and magazines mitigated only partially by new Internet revenues.
- Brown-Forman 3Q profit falls on higher expenses (AP) AP - The maker of Jack Daniel's whiskey and Korbel champagne saw its fiscal third-quarter profit drop on higher expenses that were expected, but adjusted results surpassed analysts' estimates.
- E.On 2009 net income up sharply to $11.4 billion (AP) AP - Germany energy company E.On AG said Wednesday that 2009 net income rose sharply to euro8.4 billion ($11.4 billion) partly as a result of the disposal of assets.
- Nationalized UK bank Northern Rock back in profit (AP) AP - Nationalized mortgage lender Northern Rock said Wednesday that it returned to profit in the second half of 2009 as interest income rose and losses on loans fell.
- ICF International's 4Q net ticks higher (AP) AP - ICF International Inc.'s quarterly profit ticked higher as the company benefited from a lower tax rate and higher revenue from its consulting and technology services.



