Fed’s Bullard: May see asset sales late 2010 (Reuters)

The Federal Reserve could sell some assets later this year in an effort to whittle down its bloated balance sheet to avoid inflation, a senior Federal Reserve official said on Monday.

Owens & Minor Announces Three-for-Two Stock Split and 15% Increase in Quarterly Dividend (Business Wire)

RICHMOND, Va.—-The board of directors of Owens & Minor, Inc. today announced a three-for-two stock split of the company’s common stock to be effected in the form of a stock dividend of one share of company common stock for every two shares outstanding.

Ameriana Bancorp Reports Net Income of $128,000 or $0.04 Per Share for the Fourth Quarter of 2009 (Business Wire)

NEW CASTLE, Ind.—-Ameriana Bancorp , parent company for Ameriana Bank, today announced results for the fourth quarter and year ended December 31, 2009. The Company’s profit for the fourth quarter continued a positive earnings trend in the second half of the year.

Va. moves bills to divert offshore drilling funds (AP)

Efforts to divert funds received from possible offshore drilling for oil and gas off Virginia’s coast are moving forward in the General Assembly.

Europe could face years-long debt grind (AP)

Is there any way out of Europe’s debt morass? Greece’s efforts to restore confidence in its finances have only called attention to its woes, and now investors are fretting debt contagion could spread to other countries, starting with similarly troubled Portugal, but with markets wondering who’s next.

For L3C companies, profit isn’t the point (CNNMoney.com)

When organic dairy farmer Vaughn Chase received a letter informing him that processor H. P. Hood would no longer be taking his milk, he feared he’d be forced out of business.

THE INFLUENCE GAME: Toyota’s powerful DC friends (AP)

Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.

For L3C companies, profit isn’t the point (CNNMoney.com)

When organic dairy farmer Vaughn Chase received a letter informing him that processor H. P. Hood would no longer be taking his milk, he feared he’d be forced out of business.

European stocks take a breather from debt fears (AP)

European markets recovered somewhat Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal to buy into stocks made cheaper by last week’s vicious sell-off.

Research and Markets: Special Building Materials Market in Turkey: Business Report 2009 (Business Wire)

DUBLIN—-Research and Markets has announced the addition of the “Special Building Materials Market in Turkey: Business Report 2009″ report to their offering.