IBT Staff Reporter

Channel lines are straight lines that are drawn parallel to basic trendlines. A rising channel line would be drawn above the price action and parallel to the basic trendline (which is below the price action). A declining channel line would be drawn below the price action and parallel to the down trendline (which is above the price action).Markets often trend within these channels. When this is the case, the chartist can use that knowledge to great advantage by knowing in advance where support an...

Communications technology company Messaging International on Wednesday poured cold water on market speculation it was on the verge of announcing a deal with Apple.

Deere & Co reported a higher-than-expected third-quarter profit as improved profitability in its core agriculture machinery business helped to offset weakness in construction and forestry equipment.

Britney Spears appeared on the

The Swiss government will hand over details of about 4,450 bank accounts to U.S. authorities as part of a deal struck with Washington over UBS, it said on Wednesday.

Americans remain skeptical of President Barack Obama's healthcare reform drive, but their views have not changed much after weeks of sometimes angry protests at public meetings, according to an NBC poll released on Tuesday.

A very low dose of estrogen might help women whose breast cancer has come back after treatment, researchers reported on Tuesday.

Adverse events like fainting or nausea remain rare among young women and girls given Merck and Co's Gardasil vaccine against cervical cancer, U.S. researchers reported on Tuesday.

Voter registration cards are for sale by the handful on the streets of Afghan cities and villages.

Packing on the pounds may be an unintended consequence of the U.S. Food Stamp Program, according to research that shows that getting food stamps may help contribute to obesity, at least among women.

The global economic recovery has begun but sustaining it will require refocusing the United States toward exports and Asia toward imports, the International Monetary Fund's chief economist said.

The recession appears to be easing for U.S. hospitals, although close to a third of hospitals remain in the red, according to a study published on Wednesday.

German soprano Hildegard Behrens, best known for her roles in Wagner and Strauss operas, has died in a Tokyo hospital aged 72, an official at the Kanshinetsu Music Society Foundation in Japan said on Wednesday.

Sony Corp will launch a slimmer, cheaper version of its PlayStation 3 game console next month, hoping to jumpstart sales and win back market share from rivals Microsoft and Nintendo.

Tween vampire lovers could soon be descending on a city near you.

The World Health Organization said on Tuesday it was up to national regulatory authorities to decide whether to extend the shelf life of the flu drug Tamiflu by two years, as recommended by Swiss drug maker Roche.

The United States economy is out of the emergency room and appears to be on a slow path to recovery, Warren Buffett wrote in an opinion column in the New York Times.

The Swiss and U.S. governments have signed an agreement involving giant Swiss bank UBS AG aimed at uncovering thousands of Americans who are suspected of evading U.S. taxes, a U.S. Justice Department official said on Wednesday.

Baby boomers, now well into middle age, are still turning on to illegal drugs, doubling the rates of illicit drug use for the older generation, according to U.S. government statistics released on Wednesday.

Promising IPOs, Official Tax Deal?; Opel Finals

Tobacco plants might yield a cheap and easy-to-administer vaccine against a pesky stomach virus called norovirus, U.S. researchers reported on Tuesday.

Want to tweet God?An Israeli university student has opened a Twitter site, twitter.com/thekotel, where prayers can be sent for placement in the crevices of Jerusalem's Western Wall, a Jewish holy site that faithful believe provides a direct line to the Almighty.

Chemicals in cannabis have been found to stop prostate cancer cells from growing in the laboratory, suggesting that cannabis-based medicines could one day help fight the disease, scientists said Wednesday.

The United States economy is out of the emergency room and appears to be on a slow path to recovery,, Warren Buffett wrote in an opinion column in the New York Times.

Investors, encouraged by a growing number of acquisitions and public floats in the past few months, are keeping a close eye on a coterie of promising startups in Silicon Valley.

Oil fell below $69 a barrel on Wednesday, at one stage losing more than $1, after a near 5 percent slump in Chinese shares sent doubts rippling through global markets about the strength of the world economic recovery.

With debate about healthcare reform raging across the Atlantic, Reuters asked a selection of expatriates what they thought of healthcare systems at home and abroad.

If only the economy were bouncing back as fast as banking compensation.

Police arrested three armed suspected members of Basque separatist group ETA Wednesday in a French ski resort after a wave of bombings in Spain which killed two people, Spanish and French authorities said.