APPLE SELLS 46% MORE AND HIGHER PRICE IPHONES -- 4TH UPDATE 

Apple Inc. surpassed even the most bullish Wall Street expectations for its holiday quarter with an improbable trifecta: selling more iPhones at higher prices--and earning more on each sale. (published 0024 GMT)

 
 
YAHOO TO SPIN OFF REMAINING ALIBABA STAKE -- 4TH UPDATE 

Yahoo Inc. unveiled a plan to spin off tax-free its nearly $40 billion worth of holdings in Alibaba Group Holding Ltd., a move that should buy Chief Executive Marissa Mayer more time with shareholders despite continued declines in the Internet portal's core advertising business. (published 2239 GMT Tuesday)

 
 
AMGEN PROFIT RISES 27% ON HIGHER SALES OF KEY DRUGS -- UPDATE 

Amgen Inc. said fourth-quarter earnings rose about 27%, as sales growth was driven by such key drugs as cancer therapy Kyprolis and osteoporosis treatment Prolia. The company also said it is preparing for the approval of new drugs, including a treatment for high cholesterol. (published 0010 GMT)

 
 
AT&T RESULTS NARROWLY TOP EXPECTATIONS -- 2ND UPDATE 

AT&T Inc. added 854,000 of the wireless industry's core customers in the last three months of the year, as profits and customer retention showed signs of strain from the heightened competition among the nation's biggest carriers. (published 2358 GMT Tuesday)

 
 
AMERICAN EXPRESS TO START DOING BUSINESS IN CUBA 

American Express Co. says it plans to start doing business in Cuba after the Obama administration lifted a ban on U.S. banks and credit card companies operating on the island. (published 0052 GMT)

 
 
SINO-OCEAN LAND PLANS BOND ISSUE TO REPAY DEBT, FUND GENERAL CORPORATE PURPOSES 

Hong Kong-listed property developer Sino-Ocean Land Holdings Ltd. said Wednesday it plans to issue bonds to professional investors and will use proceeds to repay current debt and fund general corporate purposes. (published 0028 GMT)

 
 
FREESCALE SEMICONDUCTOR SWINGS TO PROFIT, FORECAST TOPS CONSENSUS 

Freescale Semiconductor Ltd. swung to a profit in the fourth quarter as the chip maker cut expenses and continued to reduce debt. (published 2329 GMT Tuesday)

 
 
PFIZER HIT BY STRONGER DOLLAR, PATENT LOSSES, LAWSUIT SETTLEMENT -- 3RD UPDATE 

Pfizer Inc. said a strong U.S. dollar and recent drug-patent losses contributed to a 52% drop in net income in the fourth quarter and would depress results this year. (published 2306 GMT Tuesday)

 
 
U.S. STEEL TOPS WALL STREET VIEWS -- UPDATE 

U.S. Steel Corp. reported fourth-quarter earnings well above Wall Street estimates Tuesday as its ongoing "Carnegie Way" efficiency efforts helped results. (published 2303 GMT Tuesday)

 
 
FANNIE, FREDDIE REGULATOR DEFENDS ACTIONS--UPDATE 

A top housing regulator, in a tense four-hour hearing before Congress on Tuesday, defended a series of controversial decisions made in his first year on the job that the regulator believes will improve access to housing but critics say could increase taxpayer risk. (published 2219 GMT Tuesday)

 
 
GM CONSIDERING ADDING RUGGED SUV TO GMC BRAND 

General Motors Co. is considering adding a rugged SUV to its GMC brand in an effort to compete with Fiat Chrysler Automobiles NV's Jeep Wrangler, according to several people briefed on the matter. (published 2239 GMT Tuesday)

 
 
FRANCES RENAULT FACES DIFFICULTIES ON TWO FRONTS--2ED UPDATE 

French car maker Renault SA's international expansion plans are encountering obstacles with a proposed joint-venture with Mitsubishi Motors Corp. scrapped and its struggling Russian car maker, Avtovaz, disclosing another round of layoffs. (published 2220 GMT Tuesday)

 
 
OZ MINERALS STARTS STRATEGIC REVIEW, UNVEILS PLAN TO RELOCATE 

OZ Minerals Ltd. will reduce the size of its corporate office and relocate to the South Australian state capital of Adelaide as part of a four-month strategic review announced by the Australian copper-and-gold miner Wednesday. (published 2157 GMT Tuesday)

 
 
HEARTLAND NZ INCREASES FY15 PROFIT GUIDANCE 

Bank Heartland New Zealand increased net profit guidance for the year ending June 30 following a strong performance in the first half of the financial year. (published 2250 GMT Tuesday)