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gun-related deals

Groupon has stopped gun-related promotions such as deals for shooting ranges and concealed weapons courses in the wake of last month’s massacre in Newtown, Conn. The company said the temporary move is based on the deal performance, as well as customer feedback that has made it clear that "they’re not a fit right now."

IBM posts higher

4Q net income

Growing software businesses such as Internet-based computing and data analytics helped IBM boost earnings per share for the 40th consecutive quarter, even as revenue was largely flat. IBM shares were up 4 percent in after-hours trading. IBM earned $5.83 billion, or $5.13 per share, in the October-December period, up from $4.62 per share, in the same period a year earlier.

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