Roche Profit Misses Forecasts

Swiss drug maker Roche said that its full-year net income fell 16% despite rising sales of its cancer treatments.

Anglo American Warns of Impending Commodity-Price Hit

Anglo American is set to incur noncash impairment charges when it reports its full-year results next month, reflecting the toll the slump in commodity prices is taking on the global mining industry.

Audi, VW, Porsche to Recall 93,500 Vehicles

Audi, Volkswagen and Porsche are recalling more than 93,500 cars and SUVs world-wide to fix fuel-leak problems.

Apple Sells 46% More and Higher Price iPhones

Apple 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.

Yahoo to Spin Off Alibaba Stake

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

Electrolux Swings to Higher Than Expected Profit

Swedish home appliance maker Electrolux said it swung to a net profit in the fourth quarter following a strong improvement in operating income for its Major Appliances business in Europe, Latin America and Asia.

H&M Profit Beats Expectations

Swedish clothing retailer H&M reported a stronger-than-expected rise in net profit for the fourth quarter, and said that it plans to open 400 new stores in 2015.

Nordea Ups Dividend Amid Profit Rise

Nordea Bank reported a 13% rise in fourth-quarter net profit, driven by higher fee and commission income and lower operating expenses, and said it aimed to increase its pay-out ratio in 2015 while cutting costs further.

Sony to Cut 1,000 More Jobs at Smartphone Unit

Sony will cut another 1,000 jobs at its struggling smartphone business as part of its efforts to get the unit back into the black in the business year starting April 2016, people with knowledge of the move said Wednesday.

IKEA Posts Slight Profit Rise

The world's biggest furniture maker said increased growth in all its sales channels helped drive a slight rise in net profit for fiscal 2014 as demand remained high in North America and continued to recover in Europe.