Nortel Networks posts profit in 4Q (AP)

AP - Bankrupt telecom equipment maker Nortel Networks Corp. said Friday it posted a profit in the fourth quarter, thanks to a large gain related to an asset sale.

Today's Top Stock Market Headlines

Halozyme narrows 4Q loss due to Hylenex payment (AP) AP - Biotechnology company Halozyme Therapeutics Inc. said Friday that it trimmed its fourth-quarter loss with help from a large payment from its partner Baxter International and Swiss drug maker Roche.

QAD shares slide after 4th-quarter revenue drops (AP) AP - Shares of QAD Inc. sank Friday after the business software provider reported a drop in fourth-quarter revenue and predicted another drop for the first quarter.

Earnings schedule for week of 03/15/10 (AP) AP - Major companies tentatively scheduled to report quarterly earnings next week:

SeaChange shares tumble after break-even 4Q (AP) AP - Shares of SeaChange International Inc. tumbled Friday after the company reported a break-even fourth quarter and said one of its top executives has resigned.

Optimer Pharma reports narrower 4th-quarter loss (AP) AP - Optimer Pharmaceuticals Inc. narrowed its loss in the fourth quarter as expenses declined, the company said.


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	FEATURED HEADLINE NEWS Stocks fall on concern about US credit rating (AP) World stocks down as markets await Greek aid news (AP) TSX turns positive on financials, utilities (Reuters) China concerns weigh on shares as banks eyed (Reuters) London stocks open on stable note (AFP) Stocks slip amid China, sovereign debt jitters (Reuters)