Bloomberg News- MARKETS
- Stocks in U.S. Retreat as Europe Debt Concern Overshadows Analyst Upgrades
- SingTel Reports Third-Quarter Profit of $696 Million, Exceeding Estimates
- Macquarie Group Says Second-Half Profit May Grow 10% Amid Global Recovery
- Feinberg Says Blankfein Adopted His `Prescriptions' on Goldman Sachs Pay
- U.S. Corporate Credit Risk Climbs on Concern Over European Budget Deficits
- Toyota Recall Cost Will Exceed Company's $2 Billion Estimate, Lawyers Say
- Hartford Financial Reports Its First Profit in Six Quarters on Investments
- House Democrat John Murtha Dies at Age 77 After Complications From Surgery
- Obama Gets Negative Job-Performance Rating From Most Independents in Poll
- Top Stories
- Democratic Rep. Murtha of Pennsylvania dies at 77 February 8, 2010
- Metals Stocks: Gold rises as debt worries ebb, lift dollar February 8, 2010
- Super Bowl breaks 'MASH' viewership record: CBS February 8, 2010
- Telecom Stocks: Sprint, CenturyTel, Motorola advance February 8, 2010
- Latin American Markets: Mexican stocks rise following Citi upgrade February 8, 2010
- Icahn supports Thain as new CIT CEO February 8, 2010
- Market Snapshot: U.S. stocks head for lower close as banks fall February 8, 2010
- Financial Stocks: Financials hit by worries over new rules ahead February 8, 2010
- MarketWatch First Take: Oprah, Leno, Letterman commercial shines February 8, 2010
- Fashioning rescue not easy for euro zone February 8, 2010
Updates (SG) – 16 Oct 2009
Singapore Exchange: More activities ahead. Singapore Exchange Ltd (SGX) kicked off FY10 with a good set of 1Q results. Net earnings came in at S$94.1m, up 11% YoY or 3% QoQ. The star was Securities Market with a 41% YoY...
Read More Updates (SG) – 06 Oct 2009
CapitaLand Ltd: Proposed listing of CapitaMalls Asia. Yesterday, CapitaLand (CapLand) announced that it has obtained a letter of eligibility-to-list to list its wholly-owned subsidiary – CapitaLand Retail Ltd on the Main Board of SGX-ST and CapitaLand Retail Ltd will be renamed as CapitaMalls Asia Ltd (CMA). Base on assumptions,...
Read More Updates (SG) – 22 September 2009
Olam International Ltd: Planting seeds for inorganic growth. Olam International Ltd (Olam) has acquired almond orchards and permanent water rights in Australia for A$140m. The distressed assets, which were purchased via liquidation proceedings, will be funded via internal accruals and existing credit facilities. Benefits from the acquisition include: (i)...
Read More Updates (SG) – 09 September 2009
Biosensors International Group: Positive industry outlook. Maintain BUY. Our scan of the Drug Eluting Stent (DES) industry has yielded encouraging results. DES usage has risen to the mid-70% range (vs. ~65% year ago). While there are still proponents and...
Read More Updates (SG) – 08 September 2009
Chartered Semiconductor: Proposed acquisition by ATIC. Advanced Technology Investment Company LLC (ATIC) of Abu Dhabi yesterday proposed to acquire Chartered Semiconductor via a scheme of arrangement at S$2.68/share. In a separate announcement, Chartered also revised its ...
Read More Updates (SG) – 07 September 2009
CapitaLand Ltd: Gillman Heights development plan unveiled. Last Friday, CapitaLand (CapLand) unveiled the design for its upcoming residential project- The Interlace at the former Gillman Heights site. Estimated construction cost for the project is between S$250psf-S$270psf and our new estimated breakeven cost for the project is between S$695psf-S$720psf. We...
Read More Updates (SG) – 04 September 2009
Yangzijiang Shipbuilding (Holdings) Ltd: Holding up well in a tough environment. The group has a strong order book of 139 vessels worth a total of US$6.1b as at 30 Jun 09. More noteworthy is the fact that management said the...
Read More Updates (SG) – 27 August 2009
Goodpack Limited: Tapping into new growth avenues. Goodpack Limited released its 4QFY09 results last evening. Revenue fell 18.0% YoY (-1.5% QoQ) to US$23.7m, while net profit dipped by a larger 45.4% YoY (-35.8% QoQ) to US$4.1m, due to a spike in operating and raw materials and higher income tax...
Read More Updates (SG) – 24 August 2009
Technology Sector: 2Q09 results distorted by one-offs. Of the four tech companies under coverage which had reported their 2Q09 results, all registered sequential growth in both their revenue and bottom line. However, most of the results were also dragged down by one-off items. As ...
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