Co-Cu films of 1000 – 1500 Å thick were produced by means of flash-evaporation technique at 150 K, 400 K, 520 K and 720 K. The Co022Cu078 films produced at 400 K or 520 K exhibit the maximum value of MR of 16.5% at 77 K and 1.5 T. Co-Pt films of 200 Å thick with Pt buffer layers of 200 Å thick were prepared at room temperature (RT) by ultrahigh-vacuum cosputtering. The saturation polar Kerr rotation angles (θk) at RT of CoPt3 film are all larger than those of the Co/Pt multilayered (ML) film of the corresponding composition. The surface morphology, mean grain and magnetic domain sizes, and size distributions of the grains and magnetic domains of the Co alloy films have been investigated by magnetic force microscopy (MFM) and atomic force microscopy (AFM). The results were correlated with those obtained by using MO and optical spectroscopy at both RT and low temperatures (LT) in a spectral ramge of 0.5 – 4.4 eV, and magnetic investigations at both RT and LT including field-dependence measurement of MR. The overall results reflect the changes in the electronic structures and magnetic states of the constituent elements, induced by the structural transformation or correlated with the structures of the films.