• Visa (NYSE:V) reported earnings of 74 cents a share, 3 cents above Zacks estimates on revenues of $1.9 billion above estimates of $1.8 billion. The company expects 2010 revenue growth at the lower end of its 11-15% range, but 2011 growth above 20%

• International Paper (NYSE:IP) reported third quarter results of 37 cents a share, 14 cents above Zacks estimates, on inline revenues of $5.92 billion, off 13.1%. According to the company, at the end of its third quarter, "we began to see some modest improvements in demand in some segments of our paper and packaging businesses"

• Yahoo's (NASDAQ:YHOO) analyst meeting is due to be held at 11:00 ET

• Arcelor Mittal (NYSE:MT), the world's largest steel company, reported a $903 million third quarter profit, noting "We have seen the first signs of recovery in the third quarter...We should continue to see further gradual improvement through 2010, although the operating

• Media reports say Microsoft (NASDAQ:MSFT) and Yahoo (NASDAQ:YHOO) have struck a revenue-sharing deal that could be finalized today.  The internet-search alliance could see a fierce competition with rival Google (NASDAQ:GOOG), the reports say

• Time Warner (NYSE:TWX) reported second quarter adjusted earnings 45 cents a share, ahead of consensus estimates of 37 cents a share, on revenues of $6.81 billion, versus estimates of $6.97 billion. The firm maintained its 2009 earnings guidance of flat adjusted results from continuing operations versus $1.98 a year ago

• Moody's (NYSE:MCO) second quarter earnings exceeded estimates by 3 cents at 43 cents as revenues fell 7.6% to $451 million

• Medco Health Solutions (NYSE:MHS) reported second quarter earnings of 69 cents, 4 cents ahead of estimates

• Qwest Communications (NYSE:Q) reported earnings of 13 cents, 3 pennies above estimates, on in-line revenues of $3.1 billion, that was off 9% from a year ago

• Textron (NYSE:TXT) reported second

* Home Depot (NYSE:HD) reiterated its sales outlook and raised its earnings view for the year.  The firm expects comparable sales to drop about 9% during the fiscal year, with earnings from continuing operations expected flat to down 7%, and adjusted earnings down 20-26%.  It had earlier viewed a 7% profit drop, with adjusted earnings declining 26%

* Talbots (NYSE:TLB) announced plans to eliminate an additional 20% of its workforce after reporting a first quarter loss

* The Swiss government is reportedly in talks with several potential buyers for a $5.5 billion stake in UBS (NYSE:UBS)

* Former AT&T (NYSE:T) chairman and CEO Whitacre was named to head bankrupt automaker General Motors (OTC:GMGMQ)

* S&P lowered its credit rating on the world's largest steelmaker, ArcelorMittal (NYSE:MT), also issuing a negative outlook on the firm

* Malaysian gaming group, Genting, has bought a 3.2% stake in MGM Mirage (NYSE:MGM) for $100 million, as well as $100

* E*Trade (NASDAQ:ETFC) said the company faces regulatory pressure to increase its capital following release of its seventh straight quarterly loss. First quarter results indicated a 41 cent loss per share, one cent more than expected, as revenues fell 6% year-over-year to $497.3 million

* Verizon (NYSE:VZ) shares gained Tuesday amid rumors the company is in talks with Apple (NASDAQ:AAPL) about a possible new iPhone and/or Microsoft (NASDAQ:MSFT) on an iPhone competitor

* Dendreon's (NASDAQ:DNDN) drug Provenge was found to increase lives of advanced prostate cancer victims by 4.1 months, increasing the likelihood of FDA approval

* US Steel (NYSE:X) reported a worse-than-expected first quarter loss of $3.84 per share versus expected loss of $1.69 per share. The company slashed its dividend to 5 cents from 30 cents; expects another operating loss in the second quarter; plans 18 million common share offering and $300 million senior notes due 2014; will curb capital spending

Asian markets rose for a fourth day amid a global rally in stocks as hopes that the worst of the economic crisis is over boosted demand for riskier assets.  Investors continued to look at the bright side of things, shrugging off a U.S. jobs report on Friday which showed unemployment rose to 8.5% in March.  Although the numbers were up from 8.1% in February, they were only slightly worse than expected.  Sunday's launch of a long-range missile by North Korea appeared to have little impact on the markets and was seen as having little economic implication.  Boosting the sentiment further were U.S. Federal Reserve Chairman Ben Bernanke's comments that policies to ease the financial crisis through infusion of billions of dollars in aid were beginning to work. 

Japan's Nikkei 225 stock average closed up 108.09 points, or 1.2%, to 8,857.93, while Hong Kong's Hang Seng jumped 452.35 points,