“It has been pretty volatile as of late, but now fears about a credit crunch are spreading more than they have in the past - and that’s causing this drop”

North American stock markets plunged Thursday as disappointing U.S. home sales figures and reports from house builders added to investors’ uneasiness about mortgage and corporate lending markets. via Sympatico Finance

Original post by Sympatico Finance

U.S. airline stocks dropped Thursday as carriers continued to struggle with high fuel prices and maintenance, though AirTran Holdings Inc. increased second-quarter profits by cutting costs in other areas.

Tempe, Ariz.-based US Airways Group Inc. said its second-quarter earnings fell 14 percent, but results topped Wall Street’s expectations and the carrier began recalling furloughed flight attendants and pilots.

‘Although high fuel prices will continue to have a material financial impact on our company, we are encouraged by the strengthening revenue environment and industry capacity outlook,’ Chairman and Chief Executive Doug Parker said in a statement. ‘Looking forward, we maintain our projections of profitability for the third quarter and full-year 2007.’ Read more

Original post by The Associated Press

The foreign exchange market provides an excellent illustration of how financial markets can transmit disturbances. The market is usually considered to be an efficient market, not subject to runaway speculative binges. …

Original post by sudhakar

StockProfit.com Issues a Technical Trading Alert on National-Oilwell Varco Inc. Los Angeles, CA — Tony Golan, Chief Technical Analyst with StockProfit.com , has issued a Technical Trading Alert on … via PR-inside.com

Original post by PR-inside.com

“Gold funds fattened on war, global instability and a falling Dollar in 2003″

“…Could the trend of gold up, everything else up, have just reached its end…?” IT TOOK A WHILE for the financial media to catch on. via Safehaven

Original post by Safehaven

“Initial results of the U.S. launch of Soliris have exceeded our expectations”

Shares of biotechnology stocks jumped Wednesday on a series of strong second-quarter earnings reports and positive outlooks for several companies’ development pipelines. via Canadian Business Magazine

Original post by Canadian Business Magazine