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The pending combination of XM and Sirius dominated the fourth quarter.
Citigroup Inc. enters $500 million credit facility to Falcon, one of its troubled hedge funds.
Meatpacker’s GM tells The Wall Street Journal that the company will likely close permanently.

Intuit profit down 21%

Increased costs more than matched strong revenue growth driven by TurboTax sales.
Britain's third-biggest bank raised its 2007 write-down on the value of risky assets to £1.6 billion.
The apparel retailer said Friday its fourth-quarter earnings rose 9%.
The beef comes from a Southern California slaughterhouse that is being investigated for mistreating cattle.
Stephen Norris Capital Partners will infuse up to $100M in “Linux Enemy Number 1” SCO Group.
The loss is credited to investments in US subprime mortgages.

Vonage lowers Q4 loss

Vonage Holdings Corp. reported a narrowed fourth-quarter loss as it lowered costs.
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