Microsoft, (MSFT: chart), predicted earnings for the March quarter of 32-33 cents per share on revenue of $10.9-$11.2 billion. Excluding the one-time benefit, Microsoft met analysts’ expectations for earnings of 33 cents per share. The successful launch of a new server product and robust demand for personal computers powered by its Windows operating system helped the company deliver the latest quarter profit growth.

Black & Decker Corp., (BDK: chart), tool maker, reported Q4 net income of $1.27 a share, down from $1.62 a share in the year-ago period. Adjusted earnings came to $1.93 a share after charges for taxes related to repatriating foreign earnings, beating analyst estimate of $1.90 a share. Sales in Q4 advanced to $1.73 billion from about the same level in the previous period.

FPL Group Inc., (FPL: chart), electric energy producer, reported Q4 earnings of 53 cents a share, up from 47 cents a share a year-earlier, topping analyst forecasts of 40 cents a share. Q4 results incorporated a gain related to the mark-to-market impact of non-qualifying hedges. If not for the gain, the company earned 46 cents a share.

Massey Energy Co, (MEE: chart), coal company, reported a Q4 net loss of $2.76 a share, down from a net profit of 2 cents a share in the year-ago period. Q4 included an after-tax charge of $216.2 million related to the company''s recent debt repurchase and exchange offers. If not for special items, the company earned $3.1 million. Revenue advanced 15% to $517.9 million from $452.3 million.

Emulex Corp, (ELX: chart), HBA producer, reported Q2 net earnings of 19 cents a share, up vs. 16 cents a share in the same period last year. Aside from items, earnings came in at 28 cents a share vs. 21 cents last year, missing on that basis analyst estimate by a penny. Revenue advanced to $110.3 million from $91.7 million.

Frontier Airlines Inc, (FRNT: chart), airline, reported a Q3 net loss of 28 cents a share, narrower than a net loss of 31 cents a share in the year-earlier period. If not for certain items, the company''s loss was 25 cents a share, missing analyst mark of a loss of 19 cents a share.

Compuware Corp, (CPWR: chart), information technology software maker, posted Q3 net earnings of 10 cents a share, down 9.6% from 11 cents a share a year ago, in line with the analysts’ forecasts. Revenue dropped 7.5%. Compuware announced that it made organizational changes aimed at improving sales, but doesn''t plan any layoffs.

Certegy Inc., (CEY: chart), payment processing company, reported a Q4 net income rise of 2.6% to 57 cents a share on 5% revenue growth, missing analyst view for earnings of 61 cents a share. The company announced that if not $2.9 million of mergers and acquisitions costs earnings were 61 cents a share. The company also stated it hopes to use its upcoming merger with Fidelity National Information Services to cross-sell its products to Fidelity customers globally.

ITT Industries Inc, (ITT: chart), manufacturer of engineered products, reported a Q4 net loss of 91 cents a share, down from last year’s profit of $1.29 a share in the same period. The quarterly loss includes the impact of special items amounting to $218.6 million, primarily related to a previously announced non-cash asset impairment charge in the company''s switches business. If not for items, ITT would have come in with earnings from continuing operations of $1.43 a share, beating on that basis analyst estimate for earnings of $1.41 a share.

Manor Care Inc, (HCR: chart), health care services company, reported Q4 net earnings of 40 cents a share, down from 55 cents in the year-ago period. Q4 profit included the impact of approximately 15 cents for unusual items related to debt refinancing, hurricane-related losses and a higher tax rate. Without the charge, the company matched the analyst estimate for earnings of 55 cents a share. Quarterly revenue went up to $864 million from the previous year''s $806 million.

T. Rowe Price Group Inc., (TROW: chart), investment advisory services provider, reported that Q4 profit advanced to 85 cents a share, up vs. 71 cents a share a year ago, beating analyst estimate of 83 cents a share.