IBT Staff Reporter

Discovery Communications posted a higher-than-expected fourth-quarter profit on Thursday, helped by strong advertising and carriage fee growth at its domestic and international cable television networks.

Wall Street stocks rose on Thursday, with the Dow rebounding from its sharpest loss of the year, but gains were limited despite signs of an improving U.S. economy.

New claims for unemployment benefits unexpectedly fell last week to a near four-year low, a government report showed on Thursday, suggesting the labor market was finally strengthening.

Producer prices outside food and energy recorded their largest increase in six months in January, but are unlikely to ignite inflation pressures given the slack in the labor market.

General Motors Co posted a weaker-than-expected fourth-quarter profit as disappointing performance overseas offset strong results in North America.

Chemicals maker Huntsman Corp's fourth-quarter profit narrowly beat Wall Street's expectations, helped by higher prices for chemicals used to make insulation and paint.

Shares of Nvidia Corp slipped 6 percent before the bell on Thursday, after it scaled back sales expectations for its Tegra 3 processors used in mobile devices and warned that delays at its contract manufacturer were hurting sales of its PC graphics chips.

Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global financial system.

Chief Executive Officer Tim Cook told the Wall Street Journal that the Cupertino, Calif.-based company's new Macintosh operating system, dubbed the Mountain Lion, will use several different features from the iPhone.

Online social networks cannot be forced to block users from downloading songs illegally, as this would push up their costs and infringe privacy, Europe's highest court said on Thursday, adding to a worldwide debate on internet policing.

Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global financial system.

MillerCoors, the second-largest brewer in the United States, posted a 32.5 percent jump in fourth-quarter net income as price rises and cost savings offset soft industry beer volumes.

The weak economic recovery has made it harder for banks to make money from loans but the financial conditions of smaller institutions appear to be solidifying, Federal Reserve Chairman Ben Bernanke said on Thursday.

General Motors Co posted a weaker-than-expected fourth-quarter profit as disappointing performance overseas offset strong results in North America.

Wall Street stocks were set to open little changed on Thursday as concerns about a possible downgrade of global banks by Moody's were offset by upbeat U.S. data on the labor and housing sectors.

Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global financial system.

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week to a near four-year low, suggesting the labor market recovery was gaining steam.

Nestle echoed the cautious outlook for 2012 of other global food makers on Thursday as it said it was banking on new markets and products to put it ahead of the field after it posted forecast-beating 2011 sales growth.

General Motors Co posted a weaker-than-expected fourth-quarter profit as disappointing performance overseas offset strong results in North America.

General Motors Co. posted a weaker-than-expected fourth-quarter profit as disappointing performance overseas offset strong results in North America.

Stock index futures fell on Thursday after a Moody's warning of a possible downgrade of global banks and a further holdup in a bailout for debt-laden Greece.

Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global financial system.

General Motors Co posted a weaker-than-expected fourth-quarter profit as disappointing performance overseas offset strong results in North America.

General Motors Co posted a weaker-than-expected fourth-quarter profit as disappointing performance overseas offset strong results in North America.

General Motors Co posted a weaker-than-expected fourth-quarter profit as disappointing performance overseas offset strong results in North America, sending its shares down 3.1 percent in premarket trading.

Stock index futures fell on Thursday as a Moody's warning of a possible downgrade of global banks and a further holdup in a bailout for debt-laden Greece kept investors nervous.

The careworn house not far from Santa Monica Boulevard resembles millions of other homes that have been foreclosed on since the calamitous U.S. housing crash four years ago.

MADRID - The Spanish economy shrank for the first time in two years in the fourth quarter, the start of what economists fear could be a prolonged slump as Madrid implements harsh austerity measures to deflate a massive budget deficit.

Greece expressed hope it was within days of finally securing a 130-billion-euro EU/IMF bailout to ease its debt crisis but markets reacted skeptically on Thursday as acrimony grew between Athens and euro zone partners led by Germany.