U.S. pay czar caps 2nd-tier pay at bailout companies
The U.S. pay czar on Friday expanded a crackdown on pay packages at bailout recipients, ruling that cash salaries will be mostly limited to $500,000 for a second-tier of top earners.
House closes in on financial reforms passage
The U.S. House of Representatives was expected to approve the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration.
U.S. apartment market to stay weak in 2010: report
Apartment rents will begin to grow “in earnest” until the second half of 2011, according to a Reuters report of a CB Richard Ellis Econometrics Advisors forecast.
Window - Falling and Rising
Most of candlestick patterns are considered reversal. There are some patterns that usually imply continuation of the trend. Falling and Rising Window formations are among them. We could also consider three white soldiers, falling three methods, rising three methods, and separating lines as other candlestick continuation patterns.
U.S. consumer mood improves in early December
U.S. consumer sentiment improved in early December on signs of stabilization in the labor market and widespread discounts to entice holiday shoppers, a survey released on Friday showed.
Morning Star a Bullish Reversal Pattern
Morning Star is a three candle reversal pattern. This pattern usually appears at the bottom of a downtrend and signals for a reversal. The reversal could actually be a correction in the trend or a complete reversal to a new trend (see image).
Wall Street pares gains on strong dollar; Nasdaq falls
The Dow cut early gains on Friday, pressured by strength in the U.S. dollar, while declines in shares of large cap technology companies dragged the Nasdaq into the red.
Bearish Dark Cloud Cover Formation
One of the reversal candle patterns which you rarely see in Forex charts is dark-cloud cover. This formation consists of two candles which usually appear on top of a rally - or rather an uptrend - and is a significant sign of reversal. It especially becomes more reliable if you spot it around aresistance area. The following image shows a typical dark-cloud cover pattern.
Wall Street loses ground as dollar strengthens
Stocks cut early gains on Friday, pressured by strength in the U.S. dollar, while declines in shares of large cap technology companies dragged the Nasdaq into negative territory.
Governor Sanford's wife files for divorce
The wife of South Carolina Governor Mark Sanford said on Friday that she was filing for divorce, six months after Sanford traveled secretly to Argentina for what he later confessed was an extramarital affair.
Spinning Top Candles
Spinning top candles appear on a candlestick chart frequently. You may easily locate them on any time frame from one minute to monthly. The specifications defined for spinning top candles are very subjective. Thus a candle that you call it spinning top could be something else from another trader's perspective. In general we say that a candle is a spinning top if therange of the candle is relatively small, the size of the real body is small comparing to the range of the candle, and the upper shad...
Jenny Sanford files for divorce from unfaithful Governor (VIDEO)
Jenny Sanford, the embattled wife of South Carolina governor, Mark Sanford on Friday filed for divorce six months after he confessed to having an extramarital affair with an Argentine woman.
Dutch supermarket sales growth to slow in 2010-CBL
Dutch supermarket sales growth is seen at 1.5 percent in 2010, down from a projected 2.5 percent this year as cautious consumers continue to curb spending, the Dutch Food Retail Association (CBL) said
Children's Place names CEO
Children's Place Retail Stores Inc (PLCE.O), which has gone without a permanent chief executive since 2007, named Jane Elfers as CEO, effective Jan. 4.
Ford CEO Mulally says talked to GM's Whitacre
Ford Motor Co Chief Executive Alan Mulally said in a CNBC interview on Thursday that he had talked this week with General Motors Co Chairman and Chief Executive Ed Whitacre.
US Energy Corp offering priced at discount, shares fall
Oil and gas company U.S. Energy Corp (USEG.O) said its offering of 5 million shares was priced at $5.25 apiece, a 6 percent discount to the stock's close on Thursday.
Lundin Mining sees higher capex budget for 2010
Lundin Mining Corp (LUN.TO) expects a higher capital expenditure budget for 2010, saying a large part of its budget will represent investment in new capacity.
Swine flu has killed 10,000 Americans since April
Swine flu has killed nearly 10,000 Americans, including 1,100 children and 7,500 younger adults, and infected one in six people in the United States since arriving last April, health officials said on Thursday.
Craigslist founder: Never saw eBay's ad site
Craigslist founder Craig Newmark said he had never visited eBay Inc's rival classified ad site, which is the center of a bitter legal fight between the two companies.
Private equity firm to buy auto supplier Dura
* Patriarch Partners to acquire majority stake in DuraMergers & Acquisitions | Funds News | ETFs News | Private Capital | Cyclical Consumer Goods | Financials* Patriarch to invest up to $125 mln capital* Dura emerged from bankruptcy in June 2008DETROIT, Dec 11 (Reuters) - Private equity firm Patriarch Partners has agreed to take a controlling stake in U.S. auto parts supplier Dura Automotive Systems by investing up to $125 million of capital, the investment company said...
Plutonic, GE to resume work at Canada wind farm
Canada's hydro-electric producer Plutonic Power Corp (PCC.TO) said its partnership with a unit of General Electric Co (GE.N) will resume construction of the 300-megawatt Dokie Wind Project in British Columbia by January 2010.
Copenhagen police detain 68 climate activists
Police in the Danish capital said they had detained 68 people at street demonstrations during the U.N. climate conference on Friday.
Why are GoldGrams a unique currency?
GoldGrams are unique because they are the only commodity currency in circulation today.
Apple countersues Nokia for 13 patent infringements
Apple Inc. announced on Friday that it filed a countersuit against Nokia Corp, claiming that the Finnish cellphone maker is infringing 13 Apple technology patents.
Mafia boss denies link to Berlusconi associate
A jailed Mafia boss told an Italian court on Friday he had never had ties with a close associate of Silvio Berlusconi, casting doubt on evidence from another mobster linking the prime minister to Cosa Nostra.
Cadbury to counter Kraft with strong defence
Cadbury Plc will argue for its independence on Monday with a defence document set to highlight its upbeat trading and show that its valuation is way above that of Kraft Food's bid, analysts said on Friday.
Apple countersues Nokia over 13 patents
Apple Inc said on Friday that it filed a countersuit against Nokia, claiming that the Finnish cellphone maker is infringing 13 Apple technology patents.
House poised to back financial rules overhaul
The House of Representatives was expected to approve the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration.
North Korea hints ready to return to nuclear talks
North Korea indicated on Friday it was ready to end its year-long boycott of nuclear negotiations, following talks in the reclusive state this week with a U.S. envoy trying to revive a disarmament-for-aid deal.
BC Partners picks banks for Brenntag IPO: sources
Private equity company BC Partners BCPRT.UL has hired four investment banks to supervise an initial public offering for chemicals distributor Brenntag, several sources familiar with the matter told Reuters on Friday.