IBT Staff Reporter

Nokia Corp. is recalling some phone chargers that can pose an electric shock hazard for some of its models.

U.S. network equipment maker Cisco Systems Inc said on Monday it was extending the offer period for its $3 billion bid for Norwegian video conferencing company Tandberg by nine days to November 18.

Nokia is replacing 14 million cellphone chargers which it says could give users an electric shock.

Research In Motion is making it easier for software developers make money from the applications they develop for its popular BlackBerry smartphone as the company falters in the face of stiff competition from rivals like Apple Inc.

Shares of Las Vegas Sands Corp rose 7 percent on Monday after the casino operator said it would look to raise up to $3.35 billion through an initial public offering of shares in its Macau business.

New York's attorney general said the operator of Tagged.com would pay $500,000 and overhaul its practices to resolve charges that the social networking site tricked members into providing personal details to lure new members and send out tens of millions of spam emails.

U.S. stocks jumped on Monday, extending gains from the previous week, on renewed risk-taking sentiment after the Group of 20 pledged to keep economic stimulus in place until a recovery was assured.

Dish Network Corp, the No. 2 U.S. satellite TV provider, beat Wall Street forecasts by posting a gain of 241,000 subscribers in the third quarter and surprised investors with a plan to pay shareholders a special dividend of $2 a share.

McDonald's Corp said sales at established U.S. restaurants fell 0.1 percent in October, as expected, but its stock ticked up 1.5 percent after sales from the rest of the world buoyed overall results.

General Motors Co said on Monday that it would invest C$90 million ($85.1 million) to expand a joint venture plant in Canada where it builds the Chevrolet Equinox and GMC Terrain crossovers.

Electronic Arts Inc has acquired privately held Playfish for $275 million in cash plus other considerations, as the maker of the Madden NFL series extends into the growing social gaming sector.

Windstream Corp on Monday posted a deeper than expected fall in quarterly profit and revenue, even as the telephone operator reported the lowest number of customer disconnections since its formation in 2006.

Understanding Forex trading hours is very important when you choose to trade currencies. Since you can trade 24 hours a day, 5.5 days a week, you not only receive greater freedom but also more time to trade the Forex market.

One of the things you realize quickly when you start hanging around people who love to travel is that there's a certain crowd that also likes to argue about travel. In this case, I'm not referring to the often

Approximate USD values for a one (1) pip move per contract in most traded currency pairs are as follows, per 100,000 units of the base currency:

R&B singer Rihanna confessed that she has no desire at all to be with Chris Brown during an interview where she broke her silence about Brown with ABC's 20/20 Diane Sawyer.

German Economy Minister Rainer Bruederle said on Monday that U.S. automaker General Motors had not yet presented a plan for Opel and therefore the question of providing state aid was not being considered.

Leverage trading, or trading on margin, means you aren't required to put up the full value of the position. Forex trading offers more leverage than stocks or futures - up to 200 times the value of your account. Of course keep in mind that increased leverage also increases your risk.

Japan's Toshiba made a solo bid for Areva's transmission and distribution (T&D) business on Monday while AXA Private Equity said it would not join the race for the French nuclear group's coveted unit.

Reading a foreign exchange quote is simple if you remember two things: 1. The first currency listed is the base currency 2. The value of the base currency is always 1.

The first red-chip and foreign companies could list shares on the Shanghai stock exchange next year, Jing Ulrich, chairman of China equities at J.P. Morgan, said on Monday.

The basic premise of fundamental analysis is that the value of a currency is determined by the comparative strength and weakness of a country's economy in relation to those of its trading partners. The stronger a country's economy - measured in higher GDP growth, lower inflation, higher interest rates, greater productivity, more political stability, etc. - the stronger a country's currency. Over time, these fundamental factors produce the long lasting price trends typical of the currency markets...

Chindex International Inc, a provider of western healthcare products and services in China, posted a 38 percent drop in quarterly profit, hurt by a review of import approvals by the Chinese government, sending its shares down as much as 28 percent.

A Forex market transaction differs from a retail transaction. In a retail environment, the price is predetermined by the seller, and the purchaser measures his need for the item against the price asked and makes his decision to buy or not. In a market transaction, both the seller and the buyer continually adjust their price expectations to the information flowing out from the market to its participants and into the market from outside sources. A seller who thinks that the price may be higher in ...

Outsourcing company CGI Group Inc reported a stronger quarterly profit on Monday, but its revenue came in lower than analysts had expected and its shares fell.

Cash-strapped Repros Therapeutics Inc reported a wider-than-expected quarterly loss, sending its shares down about 25 percent in pre-market trade.

Austrian biotech company Intercell scrapped its full-year profit target after third-quarter revenue for its Ixiaro vaccine against Japanese Encephalitis fell short of expectations.

Bankrupt Six Flags Inc has submitted a new reorganization plan that represents a victory for hedge fund Avenue Capital Management, which fought an initial proposal that gave little to bondholders.

Kraft Foods Inc's offer for Cadbury Plc is unlikely to stay at its current level as the company brings its takeover campaign directly to the British confectioner's shareholders, a source familiar with the situation said on Monday.