IBT Staff Reporter

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RIM's PlayBook Gets E-Mail with Software Upgrade

Research In Motion on Tuesday gave its PlayBook tablet computer the ability to handle email as easily as a BlackBerry does, with new software that eliminates a shortcoming that has throttled sales since the PlayBook launched last April.

RIM's PlayBook gets email with software upgrade

Research In Motion on Tuesday gave its PlayBook tablet computer the ability to handle email as easily as a BlackBerry does, with new software that eliminates a shortcoming that has throttled sales since the PlayBook launched last April.

Regulator outlines new plan for Fannie, Freddie

The regulator of housing giants Fannie Mae and Freddie Mac on Tuesday outlined a new strategic plan for the two government-controlled firms, stepping into a void left by congressional inaction.

SBA Communications Buys Cell Tower Sites for $1B

Wireless tower operator SBA Communications Corp will buy more than 2,300 tower sites and some antenna assets from Mobilitie LLC for about $1.09 billion, as it looks to benefit from an explosion in data traffic and arm itself better against larger competitors.

SBA Communications buys tower sites for $1 billion

Wireless tower operator SBA Communications Corp will buy more than 2,300 tower sites and some antenna assets from Mobilitie LLC for about $1.09 billion, as it looks to benefit from an explosion in data traffic and arm itself better against larger competitors.

Wal-Mart holiday price cuts hit profits

Wal-Mart Stores Inc's price cuts hurt its fourth-quarter profit, reminding investors that steps the world's largest retailer is taking to bring back shoppers do come at a cost.

Greek finance minister on EU/IMF bailout

Here are highlights of Greek Finance Minister Evangelos Venizelos's news conference in Athens on Tuesday after returning from Brussels talks where euro zone finance ministers clinched a 130-billion-euro bailout package.

Foreign investors fear Japan banks may hijack Olympus board

Western investors in Japan's disgraced Olympus have accused its banks of trying to take control of the boardroom by stealth, amid growing signs that the firm's major creditors are considering installing their own appointees in the top jobs.

Netflix, Weinstein Co. Ink Content Deal for Undisclosed Sum

Netflix and the Weinstein Co. announced Tuesday it had entered into a multi-year licensing agreement that will make foreign language, documentary and certain other movies from The Weinstein Company available exclusively to U.S. Netflix subscribers.

Wall Street up on Greek deal, Dow hits 13,000

Stocks rose on Tuesday, with the Dow briefly topping 13,000 for the first time since May 2008, after Greece secured a bailout to avoid default, but gains were limited as investors had priced in expectations of a deal.

Highlights: Greek finance minister on EU/IMF bailout

Here are highlights of Greek Finance Minister Evangelos Venizelos's news conference in Athens on Tuesday after returning from Brussels talks where euro zone finance ministers clinched a 130-billion-euro bailout package.

Ciena lowers 1st-quarter sales outlook

Ciena Corp slashed its first-quarter sales expectations, hurt by delays in recognizing revenue as its customers take time to close deals, sending the network gear maker's shares down as much as 7 percent.

Stocks gain on Greece, Dow briefly hits 13,000

Stocks rose on Tuesday, with the Dow briefly topping 13,000 for the first time since May 2008 after Greece secured a bailout to avoid a March default, but gains were limited as investors had priced in expectations of a deal.

Barnes & Noble sales rise, launches cheaper Nook

Barnes & Noble Inc posted strong sales in both its Nook and printed books businesses over the holiday quarter, holding its own in its bruising fight with Amazon.com Inc's Kindle in the digital books market.

Wall St gains on Greece, Dow briefly hits 13,000

Stocks rose on Tuesday, with the Dow briefly topping 13,000 for the first time since May 2008 after Greece secured a bailout to avoid a March default, but gains were limited as investors had priced in expectations of a deal.

BlackBerry maker offers PlayBook software upgrade

Research In Motion released a long-delayed software update for its PlayBook tablet on Tuesday, hoping to give a fresh start to the unloved device and pave the path for its next-generation BlackBerry smartphones.

Ciena lowers first-quarter sales outlook

Ciena Corp slashed its first-quarter sales expectations, hurt by delays in recognizing revenue as its customers take time to close deals, sending the network gear maker's shares down as much as 7 percent.

Airline shares tumble on oil price rally

Airline shares fell broadly on Tuesday, with US Airways Group's stock leading the decline, as the price of oil rallied, which directly influences the cost of jet fuel.

Grubb & Ellis files bankruptcy, to be sold to BGC

Grubb & Ellis Co filed for bankruptcy protection amid a slower-than-expected recovery in the commercial property market, and agreed to sell nearly all its assets to the financial services brokerage BGC Partners Inc .

Home Depot shines as warm winter helps sales

Strong demand for everything from paint to concrete helped Home Depot Inc report better-than-expected quarterly sales and profit as one of the warmest U.S. winters on record encouraged homeowners to take up home projects earlier than usual.

Google gets real-time data from LSE

The London Stock Exchange Group is to provide real-time market data to Google, bolstering the search-engine's Google Finance offering with free access to London share prices previously only available with a 15 minute delay.

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