Genzyme Corp. (GENZ: chart), biotechnology company, reported a fourth-quarter loss of $268.2 million, or $1.02 per share, down from earnings of $106.6 million, or 39 cents per share, in the year-ago period. Excluding items, most notably a charge related to its acquisition of AnorMed, the company posted non-GAAP earnings of $209 million, or 77 cents per share, for the fourth quarter. Revenue jumped 17% to $854.2 million from $728.7 million in the same period a year earlier.

DaimlerChrysler (DCX: chart), automaker, said fourth-quarter profit dropped 40% to 577 million euros ($749 million), while revenue slipped 2% to 40.66 billion euros. While Chrysler Group swung to a 124 million euro operating loss, Mercedes Group''s operating profit rose to 1.3 billion euros from 1 million euros during the quarter. Its truck division more than tripled its operating profit, and its financial services operating profit improved 15%.

Kreisler Manufacturing Corp. (KRSL: chart), manufactures precision metal components and assemblies, said that its second-quarter net earnings increased to $607,000, or 33 cents per share, compared with $289,794, or 16 cents per share last year. Revenue climbed to $6.02 million versus $4.43 million in the same period a year earlier.

Progress Energy Inc. (PGN: chart), power company, said that its fourth-quarter net income increased 64% to $254 million, or $1.01 per share compared with $155 million, or 62 cents per share, in the year-earlier period. Earnings from ongoing operations fell to 65 cents per share from 72 cents per share. Revenue fell 1% to $2.27 billion from $2.3 billion in the same period a year earlier.

United Auto Group (UAG: chart), operates auto dealerships, said that its fourth-quarter earnings increased to $29.9 million, or 32 cents per share, compared with $30.1 million, or 32 cents per share. On a continuing operations basis, the company earned $31.1 million, or 33 cents per share, in the latest quarter. Revenue climbed 22.8% to $2.88 billion from $2.35 billion a year earlier.

Coca-Cola Co. (KO: chart), beverage maker, said fourth-quarter net income dropped 22% to $678 million, or 29 cents per share, hurt by a 23 cents per share charge on an impairment at Coca-Cola Enterprises (CCE: chart). Revenue rose 7% to $5.93 billion, with worldwide unit case volume up 4%. Excluding the charge, it would''ve earned 52 cents per share.

Daktronics Inc. (DAKT: chart), electronic scoreboards and video displays maker, said that its third-quarter net income increased to $7.03 million, or 17 cents per share, compared with $4.04 million, or 10 cents per share, in the year-ago period. Revenue climbed to $106.7 million against $71.1 million in the same period a year earlier.

Watts Water Technology Inc. (WTS: chart), water piping and flow control products maker, said that its fourth-quarter net earnings increased to $18.1 million, or 51 cents a share, compared with $15 million, or 45 cents per share, in the year-ago period. Revenue climbed to $330.5 million against $244.4 million in the same period a year earlier.

Garmin Ltd. (GRMN: chart), personal navigational devices maker, said it earned $180.3 million, or 82 cents per share, up from $87.1 million, or 40 cents per share in the year-ago-quarter. Revenue nearly doubled to $611.2 million from $319.3 million a year ago.

MGM Mirage (MGM: chart), gambling company, said that its fourth-quarter earnings more than doubled, boosted by a 13% increase in gaming revenue, an 8% increase in hotel revenue, its share of profits from the sale of Tower 2 condominium units at The Signature at MGM Grand and pretax income of $86 million from Hurricane Katrina insurance recoveries. The Las Vegas entertainment, hotel and gaming company had fourth-quarter earnings of $201.6 million, or 69 cents per share, compared with $97.8 million, or 33 cents per share, a year earlier. Revenue jumped 11% to $2.02 billion from $1.82 billion a year ago.