Shares in Myer, still lands at 16 per cent below their float price as it is unable to grab any upward momentum from the department store's more-than-expected profit result yesterday.

Standard Chartered Bank is riding high on success. It reported an operating profit of S$1 billion in Singapore last year, which had swelled by 17% from 2008. Wholesale banking and consumer banking are said to be two domains responsible for increase in earnings.

It is embarking on new developments in Singapore. Their first IPO is also coming up in Singapore.

Europe's largest plastic bag maker, BPI increased its pre-tax profits three-fold despite a 12% drop in sales. The reason behind this increase was a drop in energy and polymer costs and raw material. The Greenock-based firm stated a pre-tax profit of £11.8 million for 2009, more from £3.9m last year.

Tomkins indicated its comeback today and said that it was doubling its workforce in Northern Ireland before new rules on tyre-pressure sensors are introduced in Europe.

The engineering company reported pre-tax profits of $38.4 million, compared with a loss of $8.1 million in 2008, better than anticipated results, helped by a recovery in car markets towards the end of the year.

Casinos operator Crown Ltd. moved back into the first half profit with "satisfactory" growth at Australian casinos.

After reporting a net profit from continuing operations of $115.3 million compared to a $409.7 million loss in the prior comparable period, Crown is cautiously optimistic about the second half of the financial year.

Energy supplier AGL Energy Ltd. reported a 22 per cent jump in first half underlying profit and reported to stick to its full year guidance. However, it speculates a weaker second half.

AGL posted an underlying net profit for the six months to December 31 as $234.8 million compared from $192.5 million in the same period last year.