COMPANIES

Video game and accessories retailer GameStop Corp. (NYSE: GME) posted earnings on Tuesday, stating same-store sales jumped more than 26 percent in the quarter.

Shares of U.S. home builder Lennar Corp. (LEN) hit a 5 month low on Tuesday after the firm posted a 74 percent profit loss and gave a gloomy outlook this morning.

Shares of Internet telephony company Vonage Holdings Group (NASDAQ: VG) tumbled this morning following a downgrade from Citigroup.

Shares of heart Biosite Inc. (Nasdaq: BSTE) skyrocketed more than 50 percent on Monday after biomedical lab instrument maker Beckman Coulter Inc. (NYSE: BEC) said it would acquire the firm for $1.55 billion.

Internet telephony company Vonage Holdings Corp. (Nasdaq: VG) issued a statement on Monday declaring its confidence that it will prevail in its appeal against an injunction issued last week.

Shares of Vonage Holdings Corp. (NYSE: VG) plummeted on Friday, after a federal judge issued a permanent injunction against the firm, barring it from using technology patented by Verizon Communications, Inc. (NYSE: VZ).

Executives from Borders Group, Inc. (NYSE: BGP) said in a conference call with analysts on Thursday that it will no longer use Amazon.com, Inc. (NASDAQ: AMZN) to sell its books, opting rather, to build its own website.

Media giants NBC Universal and News Corp. (NYSE: NWS) said on Thursday that they have partnered with leading Internet content providers to create an online video site that is poised to challenge the current video leader, YouTube.

Coming on the heels of the first U.S. hedge fund to go public, private equity giant The Blackstone Group L.P announced Thursday that it has filed for an initial public offering which could raise up to $4 billion.

Shares of parcel delivery service FedEx (NYSE: FDX) fell slightly on Wednesday after the company said profitability for the year will be lower than its long term objective due to a slower economy.

Wall Street giant Morgan Stanley (NYSE: MS) reported record profit and revenue for its first quarter on Wednesday, with net income rising more than 60 percent from the previous quarter, giving the firm's shares a nearly 7 percent boost for the day.

New Century Financial Corp. (OTC: NEWC) one of the largest companies offering subprime loans, disclosed Tuesday that it will no longer be allowed to sell mortgage loans directly to Fannie Mae or act as the primary servicer of any mortgage loans for the financier.

Major delays to Airbus' A380 superjumbo that led to a euro768 million ($1.01 billion) fourth-quarter loss made 2006 the worst year in European plane builder EADS NV's history, the co-chief executive officer said Friday.

Verizon Communications, Inc. (NYSE: VZ) said Thursday that its FiOS television and consumer broadband customers will have access to user-generated videos from Revver, a marketplace for viral videos.

The Walt Disney Co. said Thursday it will expand its successful Disney Cruise Line business by adding two new ships which could launch by 2011 and 2012.

The three-week worker strike against motorcycle maker Harley-Davidson, Inc. (NYSE: HOG) at its largest plant is over, as union workers ratified a new 3-year contract on Thursday.

Amid lawmaker and public concern, Payday lenders will introduce new policies to offer customers extra time to pay off loans and inform them about how to use their short term loans responsibly.

JetBlue Airways Corp. said Wednesday that it expects its operations will post a loss for the current quarter due to service disruptions which took place during last week's ice storm in New York.

Shares of air carrier JetBlue (NASDAQ: JBLU) fell on Tuesday, in the aftermath of a week of weather related delays and self-admitted deficiencies in its response plans. The company expects from $20 million to $30 million in losses as a result.

Shares of Sirius Satellite Radio Inc. (NASDAQ: SIRI) and XM Satellite Radio Holdings Inc. (NASDAQ: XMSR) jumped on Tuesday after a proposed all-stock merger between the companies.

As debate continues in some cities around the country, Morris Communications' regional subsidiary Fairway Outdoor Advertising unveiled its first digital billboard in South Carolina.

Goodyear Tire & Rubber Co. (NYSE: GY), the largest U.S. tire maker reported a quarterly loss after a 12 week strike resulted in a $367 million loss of net income.

U.S. health officials have cleared a hair-combing consumer laser product to treat baldness in men, the manufacturer said Thursday.

Candy maker Hershey Co. (NYSE: HSY) said Thursday it will cut one third of its production lines and eliminate 1,500 jobs over the next three years, or about 12 percent of its workforce, after its most recent quarterly results came in below expectations.

ConAgra Foods Inc. (NYSE: CAG) announced Tuesday that it is recalling its Peter Pan and Great Value Peanut Butter brands as U.S. health officials investigate the products due to risk of salmonella contamination.

Merck & Co. (NYSE: MRK) said Wednesday it will pay $2.3 billion in taxes, interest and penalties to settle a dispute with the Internal Revenue Service.

Coca-Cola Co. (NYSE: KO) reported a 22 percent profit drop for the fourth quarter Wednesday, hurt by a charge from its largest bottler.

DaimlerChrysler AG (NYSE: DCX) will downsize its Chrysler Group unit by cutting 13,000 jobs, or 16 percent of its total, in a bid to make its North American division return to profitability by 2008.

Time Warner Cable officially became public company Tuesday, with shares of the new company expected to begin trading as early as March 1.