SAN FRANCISCO (MarketWatch) — Winn-Dixie Stores late Monday reported its fourth-quarter net income rose to $14 million, or 25 cents a share, from $9.4 million, or 17 cents a share, in the same quarter last year. Revenue edged up 1.8% to $1.75 billion while same-store sales fell 5.2% in the quarter which the retailer blamed on “increased competitive activity.” Analysts surveyed by FactSet had forecast earnings of 15 cents a share on revenue of $1.79 billion. For fiscal 2011, the company expects adjusted earnings before interest, taxes, depreciation and amortization of $100 million to $130 million.

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SAN FRANCISCO (MarketWatch) — The American Petroleum Institute reported Tuesday an increase of 616,000 barrels in oil stockpiles in the week ended May 21. The API also reported a decrease of 3.19 million barrels of gasoline in stock and an increase of 1.5 million barrels in the stocks of distillates, which include diesel and heating oil. Analysts polled by Platts had seen an increase of 100,000 barrels. Gasoline stocks were expected to rise by 150,000 barrels, while distillates stocks were thought to increase by 200,000 barrels. The API data comes ahead of the more closely watched report by the Department of Energy’s Energy Information Administration due Wednesday morning. (A previous version of this story had the incorrect figures for oil inventories. It has been corrected.)