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Midday Market Report: 3/11/13

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    March Madness promises big money for NCAA

  • Duration 1:33
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March Madness means money and Blackberry ten hits stores this week in the -- -- markets.

Like very -- Smartphones.

May hit store shelves by the end of the week T-Mobile says customers can now order the device starting today and you could have -- in your hands by Friday.

AT&T will be in selling the Smart -- march 22.

Research in Motion is counting on the Blackberry ten to revive its sales stock fell 1% last Friday.

Rim is hoping the stock price will go up today.

BP plans to pay more than previously thought to compensate private business owners hurt by the deep water horizon disaster in the Gulf of Mexico.

BP's annual report has -- payments for being -- is being paid to business owners of property owners will be significantly higher.

In the seven point seven billion dollars originally thought.

BP says it's already spent 24 billion dollars in cleanup and restoration costs along the Gulf Coast.

March Madness starts next week -- -- promises of big bucks for the NCAA and TV stations.

A recent study found that the tournament has generated more than five point nine billion dollars in advertising revenue over the last ten years.

A commercial during the championship game last year.

Cost more than an advertisement.

During the NBA championship.

One point five million gets the NCAA championship 32 spot.

460000.

-- union meet him.

That's.

For more lot lot of foxbusiness.com.

In New York I'm Adam Shapiro.