IBT Staff Reporter

138511-138540 (out of 154944)

Equities rally pauses as bank fears nag

Asian stocks slid on Tuesday, snapping a five-day rally as concerns about the health of U.S. banks resurfaced, while expectations that Australian rates would not fall much further kept the Australian dollar steady.

Stock futures down, eyes on Alcoa earnings

U.S. stock index futures pointed to a lower open on Wall Street on Tuesday as investors braced for aluminum producer Alcoa's quarterly results that will kick-start a keenly awaited U.S. earnings season.

World stocks steady ahead of Q1 earnings

World stocks steadied on Tuesday after hitting a two-month high in the previous session, while European stocks rose as investors awaited the start of U.S. corporate earnings season.

Equities rally pauses as bank fears resurface

Asian stocks slid on Tuesday, snapping a five-day rally as concerns about the health of U.S. banks resurfaced, while expectations that Australian rates would not fall much further kept the Australian dollar steady.

Salesforce offers customers free mobile service

Business software maker Salesforce.com on Tuesday launched a slimmed-down version of its customer-management services that existing customers will be able to access for free using high-end mobile phones.

Oil steadies above $51

Oil was steady around $51 a barrel on Tuesday, awaiting direction from stock markets and U.S. oil inventories after a near 3-percent loss on Monday when Wall Street tumbled.

Windows 7 downgradable to XP

Microsoft officials confirm that the firm and its partners are going to allow Windows 7 users to downgrade not just to Windows Vista, but also to Windows XP.

Asian stock rally pauses as bank worries flare again

Asian stocks slipped on Tuesday, snuffing a five-day rally as uncertainty about U.S. banks pushed dealers to take profits on recent gains, while investors' reduced willingness to take risks lifted the U.S. dollar and yen.

Page first turned on e-book idea long ago

LOS ANGELES - Discovery Communications chairman and founder John Hendricks waited 17 years for the moment when Amazon and Sony would battle for dominance in the world of portable electronic book readers.

Fuzzy Housing Inventory

The months' supply of existing housing inventory has fallen to less than 10 months in January and February after being in the double digits for most of 2008.

SEC mulls 2 short sale circuit breakers: source

U.S. securities regulators are crafting two types of 'circuit breakers' to restrict short selling, a type of investing often blamed by executives for declines in the stocks of their companies, a source familiar with the proposals told Reuters on Monday.

Labels bet flexibility boosts iTunes sales

Apple Inc and major music labels are betting that the launch of three-tier pricing at the iTunes Music Store will boost music sales with a new mix of song-based packages and give consumers more options.

Australia to build broadband network

Australia's government will build a new A$43 billion ($30.7 billion) national high-speed fiber-optic broadband network, rejecting bids in a controversial tender involving some of the country's largest telecommunications firms.

XP gets more life till 2010

Microsoft has allowed HP an extension to its existing rights to continue selling the aging Windows XP OS on the company's business desktops, workstations, and notebooks in place of Windows 7.

Banks settle IPO litigation for nearly $600 million

A group of investment bank underwriters and companies have agreed to a nearly $600 million settlement with investors to resolve litigation over alleged fraud in the pricing of initial public offerings in the late 1990s, according to a lawyer involved in the case.

Dell agrees to sell $500 million in notes due 2014

Dell said Monday it has agreed to sell $500 million in notes due in 2014 with the largest bank in America serving as underwriters as shares gained 1 cent to close at $10.33 after analyst raise his share to a buy from neutral with price target of $11.40.

U.S. and Switzerland to revise tax treaty amid dispute

The United States and Switzerland will head back to the negotiating table to revise a 1996 bilateral tax treaty in an effort to cool a high-profile dispute between the two nations over banking secrecy laws, the U.S. Treasury said on Monday.

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