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    Last update: December 22, 2009

    +Stock futures lower after Boeing loss
      NEW YORK (Reuters) - Stock futures pointed to a lower open on Wednesday after Dow component Boeing reported disappointing quarterly results and on increased concern that a market pullback looms.

    +Morgan Stanley posts profit, tops Street view
      NEW YORK (Reuters) - Morgan Stanley reported better-than-expected third-quarter profit on Wednesday, ending a string of three straight losing quarters.

    +Boeing posts bigger-than-expected loss
      CHICAGO (Reuters) - Boeing Co on Wednesday posted a larger-than-expect quarterly loss on a cost reclassification related to its long-delayed 787 Dreamliner program, sending shares lower.

    +Wells Fargo profit jumps
      NEWYORK (Reuters) - Wells Fargo & Co said shareholder profit rose 60 percent in the third quarter as mortgage banking revenue surged.

    +China's Volvo bid may stall over intellectual property
      HONG KONG (Reuters) - Geely Holding's attempt to buy Ford Motor Co's Volvo car unit is in danger of stalling over disagreements about intellectual property rights, a source close to the talks said on Wednesday.

    +Yahoo triples profit, beats expectations
      SAN FRANCISCO (Reuters) - Yahoo Inc beat Wall Street's profit and sales expectations as spending by advertisers showed signs of life in the third quarter and as months of cost-cutting and restructuring boosted the Internet company's bottom line.

    +Altria profit beats estimates
      CHICAGO (Reuters) - Philip Morris USA parent Altria Group Inc posted quarterly profit that beat analysts estimates as its share of the smokeless tobacco market stabilized, while the company saw a sharp drop in cigarettes shipped.

    +Lilly profit tops Street view
      NEW YORK (Reuters) - Eli Lilly and Co posted better-than-expected quarterly profit on Wednesday as sales of its top-selling prescription drugs beat projections, and the drugmaker raised its full-year earnings forecast.

    +Oil falls to around $78 as inventories weigh
      LONDON (Reuters) - Oil fell to around $78 a barrel on Wednesday, extending the previous session's decline from a one-year peak after a bigger-than-expected rise in U.S. crude oil inventories.

    +Dell sees Windows 7 boost starting mid 2010
      HONG KONG (Reuters) - Demand for computers from large companies is likely to pick up by as soon as mid-2010 as a result of Microsoft's launch this week of its Windows 7 operating system, a senior Dell executive said on Wednesday.

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