RIM shares fall at the open after earnings

TORONTO (Reuters) - Research In Motion Ltd fell in early trading on Friday following the BlackBerry maker's Thursday earnings announcement, when the company outlined plans to change the way it charges for services.RIM, pushing to revive its fortunes with the launch of its new BlackBerry 10 devices next month, surprised investors when it said it plans to alter its service revenue model, a move that...

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Syrian president to give speech Sunday

BEIRUT (AP) — Syrian President Bashar Assad will deliver a speech on Sunday in a rare address to the nation, state media said, as rebels fighting to topple his embattled regime pressed ahead with an offensive on the capital.The official SANA news agency said in a brief statement Saturday that Assad will speak about the latest developments in Syria. The speech would be the first by the leader since...

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Iran parliament seeks full probe in blogger death

Iran parliament seeks full probe in blogger deathTEHRAN, Iran (AP) — Iran's parliament is urging the judiciary to thoroughly investigate the death of a blogger in custody and monitor police stations to prevent further abuses.A parliamentary committee statement read during a Sunday session of the legislature called for a "special" investigation into the November death of Sattar Beheshti.It is not clear...

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Israel leader appeals for right-wing votes

JERUSALEM (AP) — Israel's Prime Minister Benjamin Netanyahu appealed in a rare interview on Sunday to his right-wing base to cast ballots for his list, rather than hawkish alternatives, to prevent his being unseated by a potential center-left coalition.His appeal reflects developments in recent weeks that have left Netanyahu more vulnerable ahead of Jan. 22 elections: the emergence of a charismatic...

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Oracle beats outlook, shrugs off fiscal debate

BOSTON/SAN FRANCISCO (Reuters) - Technology giant Oracle Corp said software sales growth will stay strong into the new year despite fears that there could be big tax hikes and U.S. government spending cuts that could cause a slump in spending by customers.Shares of the world's No. 3 software maker rose 1.3 percent after it reported fiscal second-quarter revenue and earnings that surpassed Wall Street...

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BofA CEO: Fed wants bank to show consistent earnings

CHARLOTTE, North Carolina (Reuters) - Bank of America Corp needs to show the U.S. Federal Reserve it can produce consistent earnings as part of the annual process to gain permission to return more capital to shareholders, CEO Brian Moynihan said in an interview.The second-largest U.S. bank is turning a profit in most of its main businesses, but it inherited costly legal problems when it acquired...

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Top UBS shareholder pins rebound hopes on private wealth

LONDON (Reuters) - UBS's wealth management business will help it bounce back from a $1.5 billion rap for rigging interest rates, one of its largest investors said, although fears of costly civil lawsuits could cast a pall over its shares for some time.Paras Anand, European equities head at Fidelity Worldwide Investment, said legal action sparked by the Libor scandal posed an unpredictable threat...

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