Moody blues
Moody’s fourth-quarter net income jumped 66 percent and revenue blew away expectations, but shares slid 7.7 percent to $43.37 with many expecting the ratings agency will be the next target of the Justice Department.
787s delayed
Boeing has told airlines expecting to receive new 787 Dreamliners in coming months that deliveries may be delayed as regulators investigate overheating batteries.
Trader’s trial
Ex-Jefferies managing director Jesse C. Litvak will go on trial April 1 on charges that he defrauded customers of more than $2 million on trades of residential mortgage-backed securities.
Caesars soars
Caesars, the largest owner of US casinos, gained the most since its first day of trading, advancing 38 percent to close at $13.91 in New York yesterday.
Postal red ink
The US Postal Service lost $1.3 billion in the October through December quarter, officials said yesterday, days after the beleaguered mail agency announced plans to cut Saturday delivery.