Chattanooga Times Free Press

CORPORATE EARNINGS REPORTS

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Among the companies filing quarterly earnings reports Thursday:

Linkedin — The company provided further evidence of online networking’s popularity and moneymakin­g potential with a fourthquar­ter performanc­e that got a glowing review on Wall Street. Linkedin added another 14 million profiles in the quarter to bring its total membership to 145 million. Linkedin earned $6.9 million, or 6 cents per share, In same quarter in 2010, the company had income of $1.6 million, or 3 cents per share. Revenue more than doubled from the previous year to nearly $168 million.

Pepsico — The food and drinks maker announced a restructur­ing on Thursday that includes cutting 8,700 jobs globally and plowing money into advertisin­g. Profit rose 4 percent to $1.42 billion, or 89 cents per share. That’s up from $1.37 billion, or 85 cents per share, last year. Revenue rose 11 percent to $20.16 billion. cials said.

The U.S. Environmen­tal Protection Agency grant would be used to assess and clean up the site, which runs from Workman Road to 38th Street, Thornton said.

Thornton said he did not know how much the city would pay for the property, or what the company may invest in the project.

Contact Mike Pare at mpare@timesfreep­ress.com or 423-757-6318. ing and safety.

Zeringue retired from TVA seven years ago and was succeeded as president by Bill Mccollum, who announced in December he will retire in June. TVA CEO Tom Kilgore has decided against filling Mccollum’s job and instead will have nuclear, fossil and transmissi­on leaders report directly to him.

As part of the executive shakeup announced Thursday, Robert Fisher, senior vice president of TVA’S fossil power generation group, has left TVA. Fisher joined

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