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    Last update: December 22, 2009

    +Union Pacific posts 27% profit growth; shares jump over 5%
      SAN FRANCISCO (MarketWatch) -- Union Pacific Corp., tallying a 27% jump in third-quarter profit, said Thursday that steady growth in freight and revenue is likely to extend through the end of the year despite the nation's weakness in home construction.

    +Google's hiring binge is a slap to Wall Street
      SAN FRANCISCO (MarketWatch) -- Google continues to listen to its own drummer and ignore many of those on Wall Street who worry about the Web search giant's unrelenting hiring binge.

    +Textron profit gets a lift as demand for aircraft grow
      NEW YORK (Market Watch) -- Textron Inc. Thursday posted a third-quarter net income gain of 51% on the back of strong profit growth in its helicopter and jet aircraft businesses, and raised its full-year outlook for earnings from continuing operations.

    +Continental Airlines net edges up on global flights
      SAN FRANCISCO (MarketWatch) -- Continental Airlines Inc. said Thursday that international travel supported a slim rise in third-quarter profit, moderated by a charge related to pilot pension-plan settlements.

    +Parker-Hannifin profit up 9% on robust overseas sales
      SAN FRANCISCO (MarketWatch) -- Parker-Hannifin Corp., whose motion and control devices are used in everything from aircraft hydraulics to car washes, posted a 9% rise in its fiscal first-quarter profit Thursday, with growth in overseas markets continuing to take up slack at home.

    +Southwest Airlines profit more than triples on higher traffic
      SAN FRANCISCO (MarketWatch) -- Southwest Airlines Co. said Thursday its third-quarter profit more than tripled due to a rebound in traffic after last summer's terrorism scare, though more sales of its cheapest tickets cut into returns.

    +Noble Corp. net income rises by 50%
      NEW YORK (MarketWatch) - Noble Corp. drew praise from at least one Wall Street analyst Thursday after the oil drilling firm reported a 40% jump in net income on the back of improved day rates on its rigs.

    +IRS inflation adjustments bring some tax relief -- in 2008
      SAN FRANCISCO (MarketWatch) -- Inflation isn't as certain as taxes, but it's still pretty likely. The IRS' annual adjustments help ease that inflation bite, at least slightly.

    +Energy stocks extend gains as crude targets $90 a barrel
      NEW YORK (MarketWatch) -- Energy stocks closed higher Thursday as crude-oil prices notched new highs, shaking off forecasts of a mild winter for the U.S. Northeast and growing concerns that soaring energy prices could start to take a toll on demand.

    +SanDisk sees earnings dip as sales rise 38%
      SAN FRANCISCO (MarketWatch) -- SanDisk Corp. on Thursday posted an 18% drop in its third-quarter earnings from a year ago, but said revenue topped $1 billion and business for the flash memory developer continued to improve outside the U.S.

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