10:00AM New York - A. O. Smith Corporation sales fell 11% and net income fell 61%. BB&T Corporation net interest income rose 7.5% and net income fell 31%. CIT Group Inc net finance revenue fell 20% and net loss was $203.8 million.

A. O. Smith Corporation, the manufacturers of energy-efficient residential and commercial water heating equipment and electric motors reported fourth quarter sales fell 11% to $508.6 million from $569.9 million a year ago. Net income in the quarter fell 61% to $6.6 million or 22 cents per diluted share compared to net income of $17.0 million or 55 cents per share a year ago.

Net sales for the fiscal year 2008 were flat $2.3 billion from $2.3 billion a year ago. Net income for the year fell 7% to $81.9 million or $2.70 per diluted share compared to net income of $88.2 billion $2.85 per share a year ago.

A. O. Smith Corporation (AOS) in the last one year traded as high as $51.09 in September 2008 and as low as $23.08 in November 2008. Based on the yesterday''s closing price of $30.50 the company has market cap of $918.63 million.

BB&T Corporation, a financial company reported fourth quarter net interest income rose 7.5% to $1.07 billion from $991 million a year ago. Net income in the quarter fell 31% to $284 million or 51 cents per diluted share compared to net income of $411 million or 75 cents per share a year ago.

Net interest income for the fiscal year 2008 rose 8% to $4.2 billion from $3.9 billion a year ago. Net income for the year fell 13.6% to $1.50 billion or $2.71 per diluted share compared to net income of $1.73 billion $3.14 per share a year ago.

BB&T Corporation (BBT) in the last one year traded as high as $45.31 in September 2008 and as low as $18.43 in January 2009. Based on the yesterday''s closing price of $19.70 the company has market cap of $10.88 billion.

CIT Group Inc, a global commercial finance company reported fourth quarter net finance revenues fell 20% to $1.3 billion from $1.4 billion a year ago. Net loss in the quarter was $203.8 million or 69 cents per diluted share compared to net loss of $131 million or 69 cents per share a year ago.

Net finance revenues for the fiscal year 2008 fell 10% to $5.60 billion from $6.23 billion a year ago. Net loss for the year was $2.9 million or $11.05 per diluted share compared to net loss of $111.0 million 57 cents per share a year ago.

CIT Group Inc (CIT) in the last one year traded as high as $30.75 in February 2008 and as low as $1.65 in November 2008. Based on the yesterday''s closing price of $2.84 the company has market cap of $810.93 million.

Columbus Mckinnon Corporation, a maker of material handling products reported third quarter net sales rose 12.9% to $165.1 million from $146.2 million a year ago. Net income in the quarter fell 61.8% to $3.8 million or 20 cents per diluted share compared to net income of $10 million or 53 cents per share a year ago.

Columbus Mckinnon Corporation (CMCO) in the last one year traded as high as $32.87 in April 2008 and as low as $8.84 in November 2008. Based on the yesterday''s closing price of $11.72 the company has market cap of $223.12 million.

Comerica Incorporated, a financial company reported fourth quarter net interest income fell 12% to $431 million from $489 million a year ago. Net income in the quarter fell 83% to $20 million or 2 cents per diluted share compared to net income of $119 million or 79 cents per share a year ago.

Net interest income for the fiscal year 2008 fell 9% to $1.82 billion from $2.0 billion a year ago. Net income for the year fell 69% to $213 million or $1.29 per diluted share compared to net income of $686 million $4.43 per share a year ago.

Comerica Incorporated (CMA) in the last one year traded as high as $54.00 in February 2008 and as low as $12.80 in January 2009. Based on the yesterday''s closing price of $16.84 the company has market cap of $2.37 billion.

Huntington Bancshares Incorporated, a multi-state diversified financial company reported fourth quarter net interest income fell 2% to $376.4 million from $382.9 million a year ago. Net loss in the quarter was $417.3 million or $1.20 per diluted share compared to net loss of $239.3 million or 65 cents per share a year ago.

Net interest income for the fiscal year 2008 rose 17.7% to $1.53 billion from $1.30 billion a year ago. Net loss for the year was $113.8 million or 44 cents per diluted share compared to net income of $75.2 million 25 cents per share a year ago.

Huntington Bancshares Incorporated (HBAN) in the last one year traded as high as $14.13 in February 2008 and as low as $3.79 in January 2009. Based on the yesterday''s closing price of $4.61 the company has market cap of $1.69 billion.

Interactive Brokers Group, Inc, an automated global electronic market maker and broker reported fourth quarter net revenues rose 8% to $429.3 million from $397.5 million a year ago. Net income in the quarter rose 7% to $20.3 million or 49 cents per diluted share compared to net income of $18.9 million or 46 cents per share a year ago.

Net revenues for the fiscal year 2008 rose 26% to $1.85 billion from $1.47 billion a year ago. Net income for the year rose 41% to $93 million or $2.24 per diluted share compared to net income of $66 million $1.59 cents per share a year ago.