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    Last update: December 22, 2009

    +Cablevision Deal Meets More Opposition
      Cablevision's largest institutional shareholder, ClearBridge, plans to vote against the Dolan family's $10.6 billion privatization plan.

    +Intel's Profit Jumps 43%
      Intel reported a 43% jump in profit, helped by solid demand for laptops, while its chips made gains against rival AMD's.

    +Yahoo's Net Slips 4.6% But Sales Rise
      Yahoo's net declined 4.6%, but revenue rose 12% as the company benefited from improvements to its search-advertising system.

    +IBM Gains but Feels Subprime Woes
      IBM's earnings rose 6.3% as growth in the services business overcame declines in hardware. Revenue increased 6.6%.

    +ASML's Net Income Slips 2.3%
      ASML reported a 2.3% drop in quarterly net profit, hurt by lower machine sales and higher costs, but showed that machine orders picked up again during the quarter.

    +Microsoft Plans Business-Communications Push
      Microsoft laid out new software and a strategy that could shake up the already tumultuous telecommunications-equipment business.

    +Pact Brings Skype Service to MySpace
      A partnership between News Corp.'s MySpace and eBay's Skype will put Internet calls into MySpace's instant-messaging feature to gain more users and broaden the distribution of their two services.

    +Apple Cuts Some iTunes Prices
      Apple is reducing the price of all songs on its iTunes Store without anti-copying software to 99 cents, bringing its prices on such tracks closer to those offered by rivals in online music.

    +Ericsson Sets a Review After Shortfall
      Ericsson sharply lowered its profit forecast, blaming a shortfall in sales of high-margin products. Shares plunged 24%. (Conference call transcript)

    +AT&T to Cut Plan-Exit Fees
      AT&T said it will reduce early-termination fees for wireless customers who cancel plans early and allow them to change contracts without restrictions.

    +ValueClick Tumbles After Cutting Forecast
      ValueClick shares tumbled Tuesday after the online-ad firm lowered its outlook, while Amazon and Overstock fell on an analyst's downgrade. The Nasdaq continued to lose ground.

    +LG Electronics Net Profit Soars
      LG Electronics' net soared, driven by handset sales and its LG.Philips venture, but the firm forecast slower growth.

    +Asustek Nears Launch of Low-Cost Notebook
      Asustek launched a low-cost notebook computer, saying it expects to ship between three million and five million units by the end of 2008.

    +Facebook Settles Probe by Cuomo
      Facebook's agreement to adopt new procedures to protect children comes as the government and social-networking sites scramble to police the Web.

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