Oracle breaks higher....

GE looks to breakout on positive earnings...

General Electric Co. (GE). The company on Friday said profit rose 51 percent, topping Wall Street's expectations, helped by lower loss rates at its finance arm and an unexpected 1 percent rise in revenue. The largest U.S. conglomerate said on Friday fourth-quarter net income came to $4.5 billion, or 42 cents per share, up from $3 billion, or 28 cents per share, a year earlier.

Capital One beats estimates...

Capital One Financial Corp. (COF). The company’s fourth-quarter profit rose 85 percent to $697 million, beating estimates, as losses on bad loans fell and consumers slowly started to take out new loans. The company said it earned $1.52 per share. That compared with a year-ago profit of $376 million, or 83 cents per share.

BAC continues to report losses...

Bank of America Corp. (BAC). The largest bank by assets, reported a second straight quarter loss, driven by a $2 billion writedown of its mortgage business. The bank posted fourth-quarter net loss of $1.57 billion, or 16 cents a share, compared with a loss of $5.2 billion, or 60 cents a share, a year earlier.

ISRG surges...

Intuitive Surgical Inc. (ISRG). The company on Thursday reported far better-than-expected fourth-quarter profit on strong demand for its da Vinci surgical robots and an increase in procedures using the high priced systems. The company said net profit rose 56 percent to $121.2 million, or $3.02 per share, from $77.5 million, or $1.95 per share, a year ago. The company forecast 2011 revenue growth of 16 percent to 20 percent and procedure growth of 25 percent to 28 percent.

Google blows past estimates....

Google Inc. (GOOG). The company’s co-founder Larry Page will take over as CEO from Eric Schmidt, a surprise move to make the company more nimble at a time when competition heats up with fast-growing rivals like Facebook. The news came as Google reported fourth-quarter earnings and revenue that blew past expectations. Net income, excluding items, of $8.75 a share outstripped Wall Street's average forecast of $8.10. Net revenue, excluding fees paid to partner websites, was $6.37 billion.

Skyworks continues to roll....

Skyworks Solutions Inc. (SWKS). The cellphone chipmaker on Thursday reported better-than-expected first-quarter results and forecast second-quarter above market estimates on firm demand for smartphones, tablets and a shift to 4G. The company reported net income of $60.9 million, or 32 cents a share, from $28 million, or 16 cents a share, a year ago. The company forecast second-quarter earnings of 38 cents to 40 cents a share, excluding items, on revenue of $310 million to $320 million.