Some post-closing-bell thoughts:

Monday brings a slew of bank earnings, including

J.P. Morgan

(JPM:NYSE),

NationsBank

(NB:NYSE),

PNC Bank

(PNC:NYSE) and

National City

(NCC:NYSE). Analysts expect stronger earnings compared with the year-earlier fourth quarter as banks continue to benefit from solid economic growth and improving balance sheets.

Aluminum Co. of America

(AA:NYSE) named Alain Belda, its vice chairman and former chief of its Brazilian operations, president and chief operating officer, putting him in line to succeed Paul O'Neill as chairman and chief executive officer of the world's biggest aluminum producer.

Moody's boosted the long-term debt rating of grocery-store operator

Safeway

(SWY:NYSE).

Bassett Furniture

(BSET:Nasdaq) reported fourth-quarter net income of 31 cents a share, compared with 52 cents a share a year ago.

ProSource

(PSDS:Nasdaq) said it will discontinue distribution services to

Arby's

, resulting in a $10 million pre-tax charge. The Arby's business made up about 10% of ProSource's $400 million in revenues last year.

Compiled from press release wires and staff reports.

By Erle Norton

enorton@thestreet.com