IBT Staff Reporter

123811-123840 (out of 154952)

Dollar likely higher in the week ahead

The U.S. dollar is likely to rise in the week ahead as investors seek safety amid doubts about the strength of the global recovery after a sell-off in Chinese stocks.

Chrysler deputy CEO Press to leave: source

Chrysler Group LLC Deputy Chief Executive Jim Press has conveyed his plans to leave the automaker by November, according to a person briefed on the still-confidential discussion.

Flags and Pennants

These two short-term continuation patterns mark brief pauses, or resting periods, during dynamic market trends.

Yahoo wins court ruling over webcasting fees

A federal appeals court in New York ruled that a Yahoo Inc Internet radio service is not required to pay fees to copyright holders of songs it plays, a defeat for Sony Corp's BMG Music.

GM leans toward Magna for Opel deal: sources

General Motors is leaning toward picking Canada's Magna International and its Russian partners -- Germany's favored suitors -- as preferred buyers for the Opel business in Europe, sources close to the matter said on Friday.

Triangles

Instead of warning of market reversals, continuation patterns are usually resolved in the direction of the original trend. Triangles are among the most reliable of the continuation patterns. There are three types of triangles that have forecasting value-symmetrical, ascending and descending triangles. Although these patterns sometimes mark price reversals, they usually just represent pauses in the prevailing trend.

Double and Triple Tops and Bottoms

Another one of the reversal patterns, the triple top or bottom, is a variation of the head and shoulders. The only difference is that the three peaks or troughs in this pattern occur at about the same level. Triple tops or bottoms and the head and shoulders reversal pattern are interpreted in similar fashion and mean essentially the same thing. Double tops and bottoms (also called M's and W's because of their shape) show two prominent peaks or troughs instead of three.

Best of Salzburg

Actress Stephanie Schoenfeld (C) and countertenor Daniel Gloger (rear C) perform on stage during a dress rehearsal of Friedrich Hebbel's and Antonio Vivaldi's music theatre

Macs not super desirable among students this year

A majority of college-bound students getting reading for the coming school semester are a preferring to steer away from Mac laptops, a new study reveals.Instead, students are leaning toward affordable netbooks from a variety of manufacturers, according to Retrevo, a consumer electronics website, that conducted the study.While 49 percent of students will buy full-sized Windows laptops, 34 percent will purchase netbooks. That places Mac's at the very bottom with only 17 percent of students...

JM Smucker gets Folgers coffee boost, sees strong FY

J.M. Smucker Co , best known for its peanut butter and jelly, posted a higher quarterly profit that easily beat market view, driven by strong results at its Folgers coffee business, and expected its full-year profit at the top end of its outlook.

Yahoo unit wins webcasting ruling

A federal appeals court in New York, in a victory for Yahoo Inc, on Friday ruled that a webcasting service that provides users with individualized Internet radio stations need not pay licensing fees to copyright holders of the recordings it plays.

Protesting Miss Peru

Karen Schwarz, Miss Peru 2009, pre-tapes her opening number for the Miss Universe 2009 competition at Atlantis, Paradise Island August 18, 2009. Bolivia is protesting against Miss Peru using a costume from Andean dance Diablada as the outfit in the national costume section of the pageant.

GM leans toward Magna for Opel deal -sources

General Motors is leaning toward picking Canada's Magna International and its Russian partners -- Germany's favored suitors -- as preferred buyers for the Opel business in Europe, sources close to the matter said on Friday.

Swimwear styles

A model shows a swimwear from the collection Australian designer Zimmermann during Mercedes-Benz Fashion Week show in Miami Beach July 14, 2007.

How I Sold It: The eBay Cure

The Halstead Hospital and Hertzler Clinic had seen better days when Andrea Cavgalar got the listing in November 2005. Once the heart and soul of a quaint Kansas town, the medical facility had fallen on hard times and poor management had led to bankruptcy and massive job losses.

JM Smucker profit tops market, shares up

J.M. Smucker Co , known for its peanut-butter and jelly, posted a quarterly profit that easily topped market expectations, helped by strong results at its Folgers business, and expected its full-year profit at the higher end of its outlook, sending its shares up 3 percent.

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