- Inflation in China is higher than expected in January at 4.5%
- Greek jobless rate hits new record high at 20.9%
- Dr Pepper Snapple (DPS) raised the dividend 6.3%
- Akamai (AKAM) Q4 revenue rose 14%. Profit was 45 cents a share, exceeding the 40-cent average projection.
- Melco Crown Ent. (MPEL) Reports Q4 earnings of $0.20 per share, $0.03 better than the Consensus Estimate of $0.17; revenues rose 30.2% YoY to $1.01 bln vs the $0.98 bln consensus.
- Japan's key machinery orders fall 7.1 %
- A $25 billion settlement with the U.S. mortgage lenders was hailed by government officials as long-overdue relief for victims of foreclosure abuses. Of the five major lenders, Bank of America will pay the most to borrowers: nearly $8.6 billion. Wells Fargo will pay about $4.3 billion, JPMorgan Chase roughly $4.2 billion, Citigroup about $1.8 billion and Ally Financial $200 million. The banks will also pay state and federal governments about $5.5 billion.
-- About 11 million households are underwater
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