Elan Corporation PLC ( NYSE : ELN ) shares, along with partner Biogen, had a significant surge yesterday, leading drug stocks higher with the news that usage of their multiple sclerosis drug, Tysabri, had increased substantially over the quarter -

Milwaukee-based high-end motorcycle manufacturer Harley-Davidson, Inc. ( NYSE : HOG ) is feeling the lack of demand for their once highly desirable machines. The company reported, on Thursday, lower-than-expected profit, with plans to combat the slump including cutting another 11%

Also known as the 'Net Zero Energy Home' project, this program is an extension of GE's ecomagination scheme, by which it aims to be the first energy company to offer appliances and products that will complement smart meters to shed

The Charles Schwab Corporation (NASDAQ: SCHW ) second quarter earnings report showed no surprises. Earnings were in line with analyst calculations and the company even managed to show some improvement in its overall business. Still, revenues were down on lower

Declining cell phone sales stopped Nokia Corporation (NYSE: NOK ) from booking a successful quarter. The company reported on Thursday, their second quarter sales have were down 25% from the previous year. Affected net income went down 66% making this

Despite advertising revenue falling 32%, the largest U.S. newspaper publisher, Gannett Co., Inc. ( NYSE : GNC ) gave just a glimmer of hope for the industry as they reported higher than expected earnings for the second quarter, albeit such

Overall, Friday's forex session was very interesting. For the second time this week, and for the first time over the last few months, the major pairs moved without much support from the global market. Recently, the global markets (cash and

Sterling will continue to gain protection if there is a sustained improvement in international risk appetite. There is, however, an increased risk that the short-term support is masking an underlying deterioration in confidence as debt fears remain a key influence.

Dear reader we have reached an end of the week in the United Kingdom as it ended in pessimism especially as we saw that this week the effects of recession are worsening as consumers prices are declining while unemployment rates

Outside of the beloved BRICs, Australia was supposed to be everyone's hero economy being pulled kicking and screaming along the path of Chinese growth. It goes back to a point I mused over earlier in the week: maybe 8% quarterly

Two bombings at high-end western hotels in Jakarta Indonesia which left nine people dead sparked safe haven USD demand, GBP pressured by IMF warning on UK debt, CAD lower as Canadian CPI falls more than expected, AUD pressured by falling

The Dollar rise was stopped in European morning and it's been a fairly quiet European morning. It was only after the release of the US housing starts, that the greenback tumbled once more and the currencies have strengthened. EURUSD is

July, historically, is the low point in the year for the number of trade signals that the market produces, due in part to the move from Consolidation to Distribution that takes place ahead of the August equity bull run that

Following a relatively quiet overnight session, the greenback has maintained some strength during the New York session, with EUR/USD holding above 1.4050 and chatter circulating that some decent euro sell stops are lurking below this level. With US housing starts

Fatal explosions Thursday at hotels in Jakarta aroused a whiff of risk aversion in the currency markets. Investors sought the sanctity of the Japanese yen and American dollar as a temporary hideout. In the event there was little to be

Ahead of the US opening, we seem to be seeing yet another confirmation that the market wants to stay in the ranges for now, as the Dollar Index stepped back from the abyss yesterday (when it broke to a new

Since the start of the second quarter of the current year, improvements started taking place, where the pace of contractions narrowed significantly based on the fundamentals released from the Manufacturing and services sector. However, the Italian fundamentals cleared that the

Canadian consumer prices rose 0.3% in June, down from the 0.7% surge in May. Despite the monthly rise, the year-over-year rate moved into negative territory, falling 0.3% from a minimal 0.1% gain in May, the first negative annual rate for

Housing starts enjoyed a strong bounce in June, rising to 582,000 from 562,000 in May. The 30,000 upward revision to May's initially reported figure (532,000) was even more substantial. Expectations were for a slight fall to 530,000. The details were

The housing data released today signaled an ongoing improvement in the sector which has been undergoing its worst slump in more than seven decades, while earnings from major companies dominated the news, as several U.S. corporations continued to announce strong