Morgan Stanley, (MS: chart), added that net revenue advanced 24% to a record $8.5 billion from $6.8 billion a year ago and from $6.96 billion in the previous quarter. Analysts forecast earnings of $1.21 a share, with estimates ranging from $1.07 to $1.41 a share. The company had been expected to generate revenue of $7.55 million in the quarter.

GameStop Corp, (GME: chart), video game and entertainment software retailer, reported Q4 net income of $1.10 a share, almost double than a year-ago profit of 64 cents a share. The company added that Q4 earnings include merger-related expenses of 2 cents a share. Sales surged to $1.67 billion from $708.7 million a year ago, owing in large part to the contribution in sales from its recently-acquired Electronics Boutique stores. Same-store sales for Q4 dropped 0.3%. The company beat analyst estimate for earnings of $1.08 a share.

Spectrum Control Inc, (SPEC: chart), maker of electronic control products and systems, reported Q1 net earnings of 2 cents a share, down vs. 5 cents a share in the year-earlier period. Revenue at the company advanced to $25.6 million from $21.1 million. The company predicted Q2 earnings of more than 10 cents a share, on condition that it achieves expected sales of $30 million to $31 million.

Sigma Designs Inc, (SIGM: chart), maker of digital media processors for consumer appliances, reported Q4 net income was 2 cents a share, up from the same period last year when the company was breakeven on a per-share basis. The company added that quarterly revenue came to $10.5 million, up from $7.89 million in the same period a year ago.

Shuffle Master Inc, (SHFL: chart), gambling equipment company, reported Q4 results, including a 31% rise in revenue. Shares were up 17% at $30.75 in morning trading, after soaring to $30.77 earlier in the session, its highest point in more than a year. Bear Stearns upgraded Shuffle Master’s rating to outperform.

Nike, (NKE: chart), apparel and shoe marketer, reported Q3 earnings of $1.24 a share, a 19% rise from the year-ago period on sales growth, topping analyst forecasts of $1.10 a share.

FedEx Corp, (FDX: chart), package delivery company, reported Q3 net income $1.38 a share, up from $1.03 a share in the same period last year on 9% revenue growth, beating analysts’ forecast of $1.30 a share.

Actuant Corp, (ATU: chart), maker of tools and motion control systems, reported Q2 earnings of 63 cents a share, up from a profit of 52 cents a share a year-ago on 17% sales growth, ahead of analyst estimate for earnings of 62 cents a share.

Interpublic Group Cos, (IPG: chart), advertising corporation, reported a Q4 loss of 8 cents a share, reversing from a profit of 25 cents a share in the year-ago quarter on revenue decline to $1.9 billion from $1.97 billion a year ago.