[R]4:00PM New York, 10:00PM Frankfurt, 8:00AM Sydney[/R]

[R]Global Markets Indexes[/R]

Dow Jones Industrial Average added 51.70 or 0.44% to a close of 13,010.14, S&P 500 increased 0.45% or 6.43 to 1,439.70, and Nasdaq Composite Index gained 3.43 or 0.13% to a close of 2,596.81. In Toronto TSX Composite increased 111.53 or 0.84% to close at 13,459.77.

Of the 30 stocks in Dow Jones Industrial Average, 19 closed higher, 10 closed lower, and one was unchanged.

AIG led the decliners in the index with a loss of 1.9% followed by losses in 1.7%, in Citigroup of 1.3%, in American Express of 1.1%, and in Boeing of 0.7%. Exxon Mobil led the gainers in the index with a rise of 5.3% followed by increases in Microsoft of 2.2%, in IBM and United Tech of 1.2%.

Of the stocks in S&P 500, 261 closed higher, 235 fell, and 4 were unchanged. Thirty two stocks fell more than 3% and twenty two stock increased 3% or more.

Freddie Mac led the decliners in the index with a fall of 29% followed by losses in Fannie Mae of 25%, in E*Trade of 19.7%, in Pulte Homes and Lennar of 9%, in Countrywide and CIT group of 8%, in AMD of 6.7%, and in XL Capital of 5.5%. Nordstrom led the gainers in the index with a rise of 13%, followed by increases in Consol Energy of 8.7%, in Medtronic of 7%, in Dillards of 5.7%%, and in Newmont Mining and Transocean of 5.5%.

In London FTSE 100 Index closed up 105.70 or 1.73% to 6,226.50, in Paris CAC 40 Index increased 74.11 or 1.36% to close at 5,506.68, and in Frankfurt DAX index increased 118.34 or 1.58% to close at 7,630.31. In Zurich trading SMI declined 68.07 or 0.82% to close at 8,338.95.

In Tokyo Nikkei 225 Index added 168.96 or 1.12% to close at 15,211.52, in Hong Kong Hang Seng index closed up 311.04 or 1.13% to 27,771.21, in Australia ASX 200 closed down 109.80 or 1.68% to close 6,425.40. India lost 1.83% or 352.56 to 19,280.80.

In South Korea Kospi Index decreased 21.23 or 1.12% to close at 1,872.24, Thailand closed down 1.09 or 0.13% to 830.05, and Indonesia edged lower 21.95 or 0.83% to 2,624.86.

In Latin Markets Peru led the decliners for the second day in a row with a loss of 4.4% followed by losses in Brazil of 3.5%, in Mexico of 1.96%, and in Chile of 1.70%. Venezuela fell 0.6% but Argentina edged 0.11%.

Bond Yields edged higher on 10-year U.S. bonds to 4.09% and 30-year bonds decreased to 4.48%.

[R]Commodities, Metals, and Currencies[/R]

Crude oil added $3.39 to close at $98.03 per barrel for a front month contract, up 48.00% for the year, natural gas decreased 31 cents to $7.48 per mBtu, and gasoline futures increased 6.99 cents to close at 245.15 cents per gallon.

Gold edged lower $13.43 in New York trading to close at $791.40 per ounce, silver closed up 34 cents to $14.50 per ounce, and copper for front month delivery increased 4.45 cents to 306.95 cents per pound and in London trading closed down $246.00 to $6,767.00.

Dollar edged lower against euro to $1.4816 and lower to 109.9970 yen.


[R]1:00 New York - Hewlett-Packard Co fourth quarter revenue climb 15%, sets aside $8 billion for share buybacks in 2008.[/R]

Hewlett-Packard reported fourth quarter revenue increase of 15% to $28.3 billion compared with $24.6 billion reported in the year-ago quarter, with three-digit growth in the software unit. Revenue gained sharply across major business lines for the company, but grew at a slower rate of 11% on constant currency.

H-P chairman and chief executive, Mark Hurd said they had ""added over $12 billion of new revenue this year.""

GAAP net income in the quarter rose 28% to $2.2 billion from $1.7 billion from a year ago. Earnings per share in the quarter increased 35% to 81 cents up from 60 cents a year ago. Excluding charges and one-time items, H-P would have earned $2.3 billion, or 86 cents a share.

For the fiscal year 2007, net revenue rose 14% to $104.3 billion and in constant currency increased 10%. GAAP operating profit for the year was $8.7 billion and diluted earnings per share increased to $2.68 from $2.18.