9:55AM New York - DISH Network Corporation revenue rose 1.4% and net income fell 17.5%. Southern Union Company revenue fell 17% and net income fell 58%.

DISH Network Corporation (DISH), the satellite TV operator reported fourth quarter revenues rose 1.4% to $2.96 billion from $2.92 billion a year ago. Net income in the quarter fell 17.5% to $179 million or 40 cents per diluted share compared to net income of $217 million or 48 cents per share a year ago.

Total revenues for the year 2009 rose 0.4% to $11.66 billion from $11.62 billion a year ago. Net income for the year fell 29.5% to $636 million or $1.42 per diluted share compared to net income of $903 million or $1.98 per share a year ago.

DISH Network Corporation in the last one year traded as high as $22.18 in November 2009 and as low as $8.79 in March 2009. Based on the Friday’s closing price of $19.97 the company has market cap of $8.92 billion.

Overseas Shipholding Group, Inc (OSG), the bulk shipping company reported fourth quarter revenues fell 38% to $242.6 million from $393.1 million a year ago. Net loss in the quarter was $23.2 million or 86 cents per diluted share compared to net loss of $79.5 million or $2.89 per share a year ago.

Revenues for the year 2009 fell 36% to $1.09 billion from $1.70 billion a year ago. Net income for the year fell 78% to $70.2 million or $2.61 per diluted share compared to net income of $317.7 million or $10.65 per share a year ago.

Overseas Shipholding Group, Inc in the last one year traded as high as $52.15 in January 2010 and as low as $20.38 in March 2009. Based on the Friday’s closing price of $44.49 the company has market cap of $1.20 billion.

Perfect World Co. Ltd (PWRD), an online game developer and operator reported fourth quarter revenues rose 45.5% to Rmb 607.9 million from Rmb 417.8 million a year ago. Net income in the quarter rose 117% to Rmb 270.8 million or Rmb 5.09 per ADS compared to net income of Rmb 124.8 million or Rmb 2.12 per ADS a year ago.

Total revenues for the year 2009 rose 48.6% to Rmb 2.14 billion from Rmb 1.44 billion a year ago. Net income for the year rose 61% to Rmb 1.04 billion or Rmb 19.28 per ADS compared to net income of Rmb 646.5 million or Rmb 10.91 per ADS a year ago.

Perfect World Co. Ltd in the last one year traded as high as $50.49 in November 2009 and as low as $8.78 in March 2009. Based on the Friday’s closing price of $39.39 the company has market cap of $1.96 billion.

PHH Corporation (PHH), an outsource provider of mortgage and fleet management services reported fourth quarter revenues rose 241% to $744 million from $218 million a year ago. Net income in the quarter was $97 million or $1.74 per diluted share compared to net loss of $216 million or $3.98 per share a year ago.

Net revenues for the year 2009 rose 26.7% to $2.61 billion from $2.06 billion a year ago. Net income for the year was to $153 million or $2.77 per diluted share compared to net loss of $254 million or $4.68 per share a year ago.

PHH Corporation in the last one year traded as high as $22.88 in August 2009 and as low as $8.50 in March 2009. Based on the Friday’s closing price of $18.51 the company has market cap of $1.01 billion.

Southern Union Company (SUG), the distributor of natural gas reported fourth quarter revenues fell 17% to $603.7 million from $727.1 million a year ago. Net income in the quarter fell 58% to $51.0 million or 41 cents per diluted share compared to net income of $120.9 million or 97 cents per share a year ago.

Revenues for the year 2009 fell 29% to $2.18 billion from $3.07 billion a year ago. Net income for the year fell 39% to $170.9 million or $1.37 per diluted share compared to net income of $279.4 million or $2.26 per share a year ago.

Southern Union Company in the last one year traded as high as $24.00 in February 2009 and as low as $12.27 in March 2009. Based on the Friday’s closing price of $23.94 the company has market cap of $2.97 billion.