IBT Staff Reporter

Britain's Cadbury said it has received interest from other bidders after raising its growth targets and reporting upbeat trading, as it dismissed a 10 billion pound ($16.5 billion) bid from Kraft Foods .

U.S. stock index futures rose on Monday as Abu Dhabi moved to bail out neighboring Dubai, winding down fears of a potential default that had rattled markets, and as Citigroup Inc reached a deal to pay back U.S. government funds.

As the name Three Advancing White Soldiers or rather Three White Soldiers suggests, this pattern consists of three consecutive white candles. A typical Three White Soldiers formation preferably owns the following characteristics.

Tweezers formation consists of two or more candles that either their high or their low is almost at the same level. They could representresistance or support levels in the chart or at least those instances that the market pauses for a while. If they appear at the extreme levels of trending markets they could represent reversal or correction in the trend. In my opinion while Tweezers is a useful pattern it could turn out to be misleading at times. Tweezers patterns represent continuation from tim...

Belt-Hold Line is a one candle pattern. It is basically a long real body with zero size or insignificant lower and/or upper shadows. The bullish belt-hold line pattern consists of a long white body (i.e. a bullish candle). If this pattern appears at the bottom of a down trend it could be a reversal sign with bullish implications (see image).

EU regulators signaled on Monday they could clear Oracle Corp's $7 billion takeover of Sun Microsystems after the U.S. software company promised measures to ease competition concerns.

The word Harami in Japanese means pregnant. A Harami candle formation is a two candlestick pattern. In an ideal form the first candle has a longreal body and the second candle is a spinning top . The real body of the second candle is located within the body of the first candle. In other words open and close of the second candle are within the open and close of the first candle. The Harami pattern is similar to the inside day Western pattern. If the second candle is adoji then Harami is called ...

The cost of insuring Dubai sovereign debt plummeted by more than 120 basis points on Monday after the emirate surprised markets with an announcement that it had obtained a $10 billion lifeline from neighbouring Abu Dhabi to help repay some of its debt. [ID:nLDE5BD0FV]

Morgan Stanley said on Sunday it hired former Merrill Lynch President and Chief Operating Officer Gregory Fleming to run its investment management group, the latest in a string of executive level changes.

Gold prices rose and moved away from four-week lows on Monday as the dollar reversed course and dipped against a basket of major currencies, paring gains made after upbeat U.S. economic data late last week.

Technology outsourcing and consulting firm Accenture Plc on Sunday said it was ending its six-year sponsorship arrangement with golfer Tiger Woods, who is embroiled in a scandal involving extra-marital affairs with numerous women.

Mitsubishi UFJ Financial Group, Japan's largest bank, priced a share sale at 428 yen on Monday to raise up to 1.03 trillion yen ($11.6 billion) to help meet stricter global capital requirements.

Britain's Cadbury Plc said it has received interest from other bidders after raising its growth targets and reporting upbeat trading as it dismissed a 10 billion pound ($16.5 billion) bid from Kraft Foods .

Britain's Cadbury Plc raised its long-term growth targets and reported upbeat trading as it dismissed a 10 billion pound ($16.5 billion) bid from Kraft Foods , kicking off a seven-week fight for its independence.

Stock index futures pointed to a higher opening on Wall Street on Monday, with futures for the S&P 500 up 0.59 percent, Dow Jones futures up 0.39 percent and Nasdaq 100 futures up 0.49 percent.

LOS ANGELES - NBC is launching a Chuck game that gives points to fans who talk about the show using social media.

Google Inc plans to sell its own cellphone direct to consumers as soon as next year, bypassing wireless operators in a rare strategic move, the Wall Street Journal cited sources as saying on Saturday.

Asian stocks rebounded on Monday after Dubai said it had received $10 billion from Abu Dhabi to repay debt, which pushed down the yen and boosted the euro and emerging Asian currencies as risk appetite improved.

A report says that 38 percent of all U.S. stock trading is now done by firms that have naked sponsored access to markets, the controversial trading practice said to imperil the marketplace, and which faces a regulatory crackdown.

Abu Dhabi bailed out neighboring Dubai on Monday with $10 billion in surprise aid for debt-laden Dubai World, driving stock markets higher, but Dubai said creditors still needed to approve a standstill on outstanding debt.

Abu Dhabi stepped in to help fellow United Arab Emirates member Dubai on Monday with a $10 billion injection, of which $4.1 billion was allocated to troubled state-owned conglomerate Dubai World to pay immediate obligations, Dubai said on Monday.

A Thai court on Monday extended the detention of the crew of a seized cargo aircraft loaded with 35 tonnes of arms from North Korea as its unscheduled arrival in Bangkok stirred questions over illicit-weapons trade.

Italian Prime Minister Silvio Berlusconi was rushed to hospital covered in blood with a broken nose and teeth after a man with mental problems hurled a statuette at him at a rally, officials said on Sunday.

Apple Inc accused Nokia of anti-competitive practices and patent infringement on Friday, escalating a legal battle as they fight for market share in smartphones.

Asian stocks eased on Monday as the dollar hovered near six-week highs on views the Federal Reserve might raise rates sooner than expected, putting pressure on oil and commodity prices.

Dubai said on Monday it had received $10 billion from fellow UAE member Abu Dhabi to help it repay $4.1 billion Islamic bond maturing on Monday.

Citigroup is nearing a deal with the U.S. government that would allow it to pay back its bailout money, several reports said on Sunday.

China is unlikely to raise interest rates in the first quarter of 2010, a senior government economist said in remarks published on Monday.

Privately-held real estate company Fairfield Residential LLC filed for bankruptcy protection on Sunday, saying that the collapse of the U.S. real estate and capital markets has made it difficult to continue without restructuring.