The pharmaceutical industry has witnessed major changes over the past few quarters, with performance being affected by factors like sluggish prescription trends, intensifying generic competition and limited late-stage catalysts. The next five years are expected to reflect a significant imbalance between new product introductions and patent losses.
According to IMS Health, this is the main reason …

After a pathetic 2009, fiscal 2010 is becoming a fruitful one for Nokia Siemens Networks (NSN), a 50-50 joint venture between Nokia Corp. (NYSE:NOK) and Siemens AG (NYSE:MOT) for $1.2 billion in cash.
 
However, Motorola will keep its iDEN business and other selected assets and almost all the patents related to the wireless network infrastructure business. …

China Southern Airlines has contracted with International Aero Engines, a multinational consortium of Pratt & Whitney, Rolls-Royce, the Japanese Aero Engines Corporation and MTU Aero Engines, for the supply of V2500 engines to power a fleet of 20 Airbus A320s of the Chinese airline. The value of Pratt & Whitney’s part of the order and …

Update on supports and resistances.

Texas Instruments Inc. (NYSE:TXN) reported second quarter earnings that were up 20.1% sequentially and 159.9% year over year, beating the Zacks Consensus estimate by 2 cents. The strong earnings growth was driven by healthy revenues (although just short of our estimate), a better mix of business, cost control and good execution.
 
Despite the relatively strong performance, …

Well technically, the daily chart of the CADJPY pair is a bit ugly. As you can see, the pair has just been ranging for the past several months. Presently though, it appears to have found support at the psychological 82.00 level. If this support holds, it can reach its previous high near …

Morning Highlights
Singapore Market opens flat whereas most of the Asian shares recover from weak morning trade to move broadly higher in the midday, with the exception of Japan, where recent strength in the yen continues to weigh on major exporters. Market is not doing well, we advise to practice cautious trading.
Tiger Airways broke 1.96
Watch out …

The JPY has so far been the lone mover in the Asian session, with the USD/JPY pair currently testing the 87 handle. A break higher with some follow through could push the pair to the 88 handle where we can currently see the 61.8% retracement of the latest short-term move and the fast approaching 4-100hr …

The long wait for the Boeing Company’s (NYSE:BA) 787 airliner finally came to an end, when the much awaited airplane made its appearance in the International Air Show at Farnborough, United Kingdom. Boeing anticipates to deliver the first 787 to Japan’s All Nippon Airways later this year.
The 787 program is presently running two years behind …

Honda Motor Co. (NYSE:HMC) plans to consolidate its product line-up in Japan by discontinuing some models in the country. The automaker has already stopped developing its minivan, Elysion, and will halt selling the mid-sized luxury sedan, Legend (sold as Acura in the U.S.) in the Japanese market.
The Nikkei business daily reported that Honda has also …