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•TECO Energy (NYSE:TE) reported Q4 diluted EPS of $0.26, slightly above the Zacks Consensus Estimate of $0.25 per share. Revenues for the quarter rose 1.3% year-over-year to $775.0 million, lower than the Zacks Consensus Estimate of $932.0 million
•GameStop (NYSE:GME) said its board of directors has approved $500 million as additional funds for its share and debt repurchase program
•Verizon Wireless (NYSE:VZ) reported that it has stopped taking preorders for the iPhone 4, 17 hours after the device went on sale at the carrier. The company stopped taking orders at 8:10 PM ET and reported that it sold more units of the popular Apple (NASDAQ:AAPL) device in the first two hours than any other device launch in its history
•Share prices of scientific instrument maker FEI Co (NASDAQ:FEIC) jumped 15.89% to $32.23 after the company’s projected first quarter analysis topped analyst’s expectations
•JDSU’s (NASDAQ:JDSU) share prices increased 26.92% to close at $22.76 after the company posted better than expected quarterly profits beating the Street’s expectations. JDSU is a provider of broadband components
•Drug-maker Biodel Inc (NASDAQ:BIOD) announced that launch of its experimental diabetes drug will be delayed because of further studies. Reacting to the news, share prices of Biodel fell 3.08%
•Coinstar Inc’s (NASDAQ:CSTR) share prices fell after the company reported lower than expected fourth quarter results
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