IBT Staff Reporter

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Superior Energy offers 96.5 mln stg for Hallin Marine

U.S. oilfield services company Superior Energy Services Inc said it planned to acquire British subsea services provider Hallin Marine Subsea International for about 96.5 million pounds ($157.4 million) in cash, sending Hallin's shares up 76.7 percent.

New show, exhibits to mark Elvis 75th birthday

Elvis Presley's legacy will be marked in force next year in a 75th anniversary birthday celebration featuring a new Cirque du Soleil production, movie marathons, a Facebook application and a cruise.

Strong U.S. retail sales rise boost recovery hopes

Sales at U.S. retailers rose more than expected in November as consumers stepped up spending on gasoline and a wide range of other goods, data showed on Friday, raising hopes of a self-sustaining economic recovery.

EA: Receiving Email Signals

If you have an EA that is capable to send email signals then you need to setup MetaTrader 4 platform to make this happen. The following simple steps can help you to setup MT4 for this purpose.

'Avatar' sets audiences on epic, visual ride

James Cameron's long-awaited Avatar, one of the most expensive films ever made, takes off this week in an awe-inspiring display of Hollywood power that has revolutionized cinematic special effects.

Pelosi backs expansion of Medicare in Senate plan

President Barack Obama's bid to overhaul the U.S. healthcare system appeared to get a boost on Thursday when the top Democrat in the House of Representatives signaled interest in a Senate Democratic compromise.

U.S. retail sales rise strongly in November

Sales at U.S. retailers rose more than expected in November as consumers spent more on gasoline and a wide range of other goods, data showed on Friday, raising hopes of a self-sustaining economic recovery.

Bullish Piercing Formation

One of the reversal candle patterns which you rarely see in Forex charts is the piercing pattern. This formation consists of two candles which usually appear at the bottom of a downtrend and is a significant sign of reversal. It especially becomes more reliable if you spot it around asupport area. The following image shows a typical piercing pattern.

How the Number of Jobless Claims Affects Investment Markets

When listening to the news, you often hear figures about the number of jobless claims. If you happen to be an investor in one of the investment markets like the stock market or the Forex market, that bit of news (often available on most online Forex trading system platforms) can have a direct affect on your trading strategies. The number of jobless claims, just like other economic news such as the number of new housing starts or the current GDP figures, can influence an investor's strategic tra....

Stock futures rise as data on consumer eyed

Stock index futures rose on Friday as investors awaited data that could provide a look at the health of the consumer, including reports on retail sales and consumer sentiment.

Pip in Forex Trading

The acronym PIP or rather pip which stands for percentage in point refers to the smallest measure for price movements in the Forex market. Since currency prices in Forex market are quoted in fractions, pip is the smallest decimal place that you could find in the price quotes.

Currency Standard Names

Forex (currency) brokers and traders and all who are engaged with currency trading use special names to refer to currencies. The most common names are those issued under ISO 4217 document. Here are some of the most common currency pairs that we trade.

Delayed European troop plane in maiden flight

Europe's new military transport plane, the Airbus A400M, made its first test flight on Friday as buyers resumed talks on how to keep the delayed 20 billion euro ($29.5 billion) project airborne.

Stock futures point up ahead of retail sales

Stock index futures pointed to a higher opening for Wall Street on Friday ahead of U.S. retail sales data, with futures for the S&P 500, Dow Jones industrial average and Nasdaq 100 up 0.4 to 0.7 percent at 4:37 a.m. EST.

Iraq holds oil auction, Shell wins giant field

Royal Dutch Shell and Malaysia's Petronas on Friday won the rights to develop one of the world's largest remaining untapped oilfields as Iraq staged its second auction of oil contracts since the 2003 U.S. invasion.

Stock futures point up; retail sales eyed

Stock index futures pointed to a higher opening for Wall Street on Friday ahead of U.S. retail sales data, with futures for the S&P 500, Dow Jones industrial average and Nasdaq 100 up 0.4 to 0.7 percent at 0937 GMT.

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