10:45 AM New York – Activision fourth quarter net income swung to $99 million. Buckeye Partners fourth quarter net surged to $59.7 million. Calpine fourth quarter net loss narrowed to $13 million. LinkedIn fourth quarter net increased to $6.9 million. Nuance Communications first quarter net income swung to $9.3 million.

Earnings Review

Alliant Energy Corporation (LNT), the electricity and natural gas service provider reported fourth quarter revenue grew to $879.2 million from $832.6 million in the same quarter last year. Net income in the quarter increased to $57.0 million or 51 cents per diluted share compared to $47.3 million or 43 cents per diluted share in the year ago earlier.

Activision Blizzard, Inc. (ATVI), the online game publisher reported fourth quarter total revenue fell to $1.41 billion from $1.43 billion in the same quarter last year. Net income in the quarter swung to $99 million or 8 cents per diluted share compared net loss of to $233 million or 20 cents per diluted share in the year ago.

For 2011 revenue increased to $4.76 billion from $4.45 billion in last year. Net income for the year soared to $1.09 billion or 92 cents per diluted share compared to $0.42 billion or 33 cents per share in the prior year.

Brookfield Office Properties Inc. (BPO), the real estate reported fourth quarter revenue grew to $527 million from $397 million in the same quarter last year. Net income in the quarter slumped to $338 million or $0.58 per diluted share compared to $971 million or $1.70 per diluted share in the year ago earlier.

Buckeye Partners, L.P. (BPL), the petroleum pipeline operator reported fourth quarter revenue rose to $1.31 billion from $1.02 million in the same quarter last year. Net income in the quarter surged to $59.7 million or 64 cents per diluted share compared to $8.4 million or 19 cents per diluted share in the year ago quarter.

FLIR Systems, Inc. (FLIR), the sensor system maker reported fourth quarter revenue fell 7% to $405.2 million from $437.5 million in the same quarter last year. Net earnings in the quarter increased to $76.1 million or 48 cents per diluted share compared to $69.8 million or 43 cents per diluted share in the year ago period.

PPL Corporation (PPL), the energy and utility holding company reported fourth quarter total revenue surged to $4.22 billion from $1.86 billion in the same quarter last year. Net income in the quarter increased to $401 million or 69 cents per diluted share compared to $355 million or 73 cents per diluted share in the year ago.

For 2011 revenue increased to $12.74 billion from $8.52 billion in last year. Net income for the year soared to $1.44 billion or $2.61 per diluted share compared to $0.94 billion or $2.17 per share in the prior year.

LinkedIn Corporation (LNKD), the online professional identity network operator reported fourth quarter revenue surged 105% to $167.7 million from $81.7 million in the same quarter last year. Net income in the quarter increased to $6.9 million or 6 cents per diluted share compared to $5.3 million or 3 cents per diluted share in the year ago earlier.

Nuance Communications, Inc. (NUAN), the voice and language solution provider reported first quarter revenue increased 19% to $360.6 million from $303.8 million in the same quarter last year. Net income in the quarter swung to $9.3 million or 3 cents per diluted share compared to net loss of $0.009 million or break even per diluted share in the year ago period.

TELUS Corporation (TU), the Canada based telecommunication service provider reported fourth quarter total revenue rose 5% to $2.7 billion from $2.5 billion in the same quarter last year. Net income in the quarter increased 5% to $237 million or 75 cents per diluted share compared to $226 million or 70 cents per diluted share in the year ago.

For 2011 revenue increased 6% to $10.4 billion from $9.8 billion in last year. Net income for the year soared 16% to $1.22 billion or $3.74 per diluted share compared to $1.05 billion or $3.27 per share in the prior year.