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Oil hovers above $82 as month-long rally stalls

SINGAPORE (AP) - Oil prices hovered above $82 a barrel Friday in Asia as investors mulled whether extending a monthlong rally is justified amid evidence of weak U.S. crude demand. 11:26 PM ET

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Pall posts 20% higher profit

SAN FRANCISCO (MarketWatch) -- Pall Corp. , citing strong bio-pharmaceuticals demand for its filtration systems, reported late Thursday fiscal second-quarter 2009 net income rose to $46.9 million, or 42 cents a share, from $38.9 million, or 33 cents, a year ago. Revenue for the three months ended Jan. 31 rose 3.2% to $560.4 million from $543.3 million. Analysts polled by FactSet Research had expected the company to earn 47 cents a share on $591 million in revenue. Shares of the Port Washington, N.Y.-based company fell 5% to $38.71 in after hours trade. At MarketWatch 5:51 PM ET

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Pink Floyd Wins Downloads Suit

At Wall Street Journal 5:27 PM ET

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Hollywood Heavyweight

Arnon Milchan has made it big in pictures--as well as in arms sales, investing and fertilizer. At Forbes 11:04 PM ET

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Allied Nevada Reports 2009 Net Income of $8.5 Million or $0.13 Per Share

Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX: ANV)(NYSE Amex: ANV) is pleased to report its financial results for the three months and year ended December 31, 2009, along with confirmation of its previously reported operating results and a reiteration of its 2010 Outlook. The results presented in this press release should be read in conjunction with the Company's Form 10-K (annual report) filed on SEDAR and Edgar and posted on Allied Nevada's website at www.alliednevada.com. The financial results are based on United States GAAP and are expressed in U.S. dollars. 9:15 PM ET

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What Would You Do With $7 Billion?

Devon should have no problem reinvesting the proceeds of its sale to BP. At Motley Fool 1:52 PM ET

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Stock Picks: Chevron, NYSE Euronext, J. Crew, Analogic

Chevron Corp.: Bank of America Merrill Lynch analyst Doug Leggate lowered his rating on shares of Chevron Corp. (CVX) to neutral from buy on Mar. 10. 11:00 AM ET

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S&P's Health Checkup

Summary of Week’s Notable Technical Developments:  Levitation act (my opinion) continues for broader market NASDAQ and Russell 2000 have been star performers Commodities stuck in the mud Dollar index moving sideways Benchmark 10-year Treasury remains range-bound despite heavy auction week Today...Weekly jobless claims proved to be a non-event; some chatter about China’s inflation and a global move toward higher interest rates. Equity markets spent nearly the entire day modestly lower but a last-hour rally brought home gains of 0.4% for all three major indices. Even the At Minyanville 6:03 PM ET

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'Fast Money' Recap: S&P Jitters

The trading panel discussed the surge in the S&P to a new high. At TheStreet.com 7:54 PM ET

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GMX Resources Inc. Announces Restatement of Year End 2008 and Quarterly 2009 Earnings, Reports Fourth Quarter and Full Year 2009 Financial and Operating Results and Declares Quarterly Cash Dividend on

OKLAHOMA CITY, March 11, 2010 (GLOBE NEWSWIRE) -- GMX Resources Inc., (NYSE:GMXR) (visit www.gmxresources.com to view the most recent Company presentation and for more information on the Company) today announces restatement of year end 2008 and quarterly 2009 earnings, reports financial and operating results for the quarter and year ended December 31, 2009, and declares quarterly cash dividend on its 9.25% Series B Cumulative Preferred Stock. 9:42 PM ET

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NCAA Final Four Goes 3D this March

CBS Corp. (CBS) announced this week that it will provide 3D coverage of the NCAA Final Four to 100 movie theaters nationwide in a move to bring this new form of sports broadcast to the masses. And in the wake of the runaway success of 3D sci-fi film Avatar put out by News Corp. (NWS), which earned $27 million on its opening day and $77 million over its opening weekend in December, there's a good chance this move with 3D NCAA basketball could make a killing at the box office, too. At InvestorPlace 7:50 PM ET

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