Home rehab? That’s a first. Remember all of those fiery press releases we’ve been getting from Charlie Sheen’s PR team over the past few days? Each contained the same recurring theme: That the cocaine-addicted star is dedicated to his sobriety and has checked himself into an “unknown rehabilitation facility” for the umpteenth time to get [...]
Posts Tagged ‘250’
M1 target raised to $2.50 by DBS Vickers, keeps Buy
September 29th, 2010 |
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DBS Vickers lifts M1 (B2F.SG) target price to $2.50 from $2.30 after raising FY11-12 earnings estimates by 2%-5% to factor in more optimistic assumptions for broadband business, says Dow Jones.
DBS Vickers tips broadband revenue growth of 50% in FY11 to $42 million on low-base effect, then $54 million in FY12, driven by demand from small, medium enterprises. Keeps Buy call.
Broker says if M1′s capex-to-sales ratio for FY11 lower than 12%, free cash flow would be higher, potentially resulting in special dividends or capital management exercise. Shares flat at $2.21.
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NOL upgraded to Outperform by Macquarie with $2.50 target
September 21st, 2010 |
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Macquarie upgrades Neptune Orient Lines (N03.SG) to Outperform from Underperform, lifts target price to $2.50 from $1.25, based on 1.2x P/B, says Dow Jones.
Changes reflect stronger-than-expected recovery in container shipping freight rates, NOL’s substantial exposure to Transpacific, Asia-Europe long-haul routes.
“We believe NOL can maintain solid volume growth” supported by strong relationships with customers such as Target, Limited Brands and Kimberly Clark; “these relationships lead to less reliance on spot rates, especially on the important Transpacific routes, which account for over half of revenues.”
Shares +1.0% at $2.00.
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Raffles Medical raised to $2.50 by StanChart
September 16th, 2010 |
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Standard Chartered lifts Raffles Medical (R01.SG) target to $2.50 from $1.53, offering potential upside of 17%; keeps at Outperform, says Dow Jones.
Stanchart says from 2000 to 2009, firm increased group operating margins from 12% to 22%; this driven by new Raffles Hospital, continued expansion of specialty services; tips further margin upside.
Noble Group target to $2.25 from $2.50 by Macquarie
August 11th, 2010 |
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Macquarie Research cuts Noble Group (N21.SG) target price to $2.25 from $2.50, maintains recommendation at Outperform, according to Dow Jones.
Macquarie trims FY 2010 profit estimate by 12% to reflect 5.0% fall in overall volume assumptions on difficulties in soy crushing, ores and steel and higher expenses in energy unit.
Research house says: “Noble lacks near-term catalysts and enhanced earnings contributions from its large portfolio of assets should be the next catalyst for FY11.” 2Q results due Thursday.
Share price last down 0.6% at $1.64.
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M1 target lifted to $2.50 from $2.26 by Macquarie
July 16th, 2010 |
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Macquarie Research raises M1 (B2F.SG) 12-month target price to $2.50 from $2.26, maintains Outperform rating following telco’s 2Q results, according to Dow Jones.
M1 target price raised to $2.50 by Citigroup, keeps Buy
June 14th, 2010 |
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Citigroup has raised M1’s (B2F.SG) target price to $2.50 from $1.65 after changing valuation methodology to discounted cashflow basis from P/E approach to reflect company’s free cashflow financial profile. Keeps Buy call.
SGX invests $250 million to offer fastest access to Asia
June 3rd, 2010 |
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Singapore Exchange (SGX) today announced a $250 million plan to strengthen Singapore’s position as the best market for accessing Asia.
The new initiative, dubbed Reach, will create the world’s fastest trading engine with the lowest trading latency, establish a world-class data centre for SGX and seamlessly connect trading communities in global financial hubs to Singapore. Reach will be rolled out from the first quarter of 2011.
Cisco joined hands with 250 NGOs to work for society on Web
May 14th, 2010 |
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The National Technology Day, May 11 marked the launch of Cisco’s Social platform called “myhumannetwork.com†which has been introduced for NGOs and individuals who want to bring some positive changes in the backward segments of their society.
The sources unveil that 250 NGOs have already tied up with Cisco to develop the society for the betterment. [...]
Ezra Holdings started at ‘buy’ by Pareto with $2.50 price target
April 28th, 2010 |
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Pareto Securities has initiated a”buy” for Ezra Holdings (5DN.SG) with $2.50 target, according to Dow Jones.
SMRT target price raised to $2.50 by UBS, keeps ‘buy’ call
April 15th, 2010 |
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UBS has raised SMRT’s (S53.SG) target price to $2.50 from $2.15, based on discounted cashflow model, to reflect higher rail ridership with second phase of Singapore Circle Line opening from April 17 and more people turning to public transport as cost of vehicle ownership escalates, according to Dow Jones.
M1 secures $250 million refinancing facilities
March 29th, 2010 |
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MobileOne (M1) says it has entered into a three-year term loan facility with CIMB Bank Berhad, Singapore Branch, for $125 million and a three-year term loan facility with Oversea-Chinese Banking Corporation Limited, for up to $125 million.
Nvidia new Tegra 250 powers 3 Indian Tablets
March 20th, 2010 |
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The Indian companies made three tablets called MagicTile by EAFT, Compal tablet by Compal and the Adam tablet by Notion Ink which will be powered by Nvidia’s Tegra 250.
Yesterday, Nvidia displayed the all three Tegra 250 powered tablets at an event in Mumbai. Nvidia Tegra 250 was priory seen at the Consumer Electronics Show [...]
YTL Cement offers to buy Holcim’s Jurong Cement stake at $2.50 a share
January 21st, 2010 |
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YTL Cement Singapore, a unit Malaysian conglomerate YTL Group, has reportedly offered to acquire all of Holcim Investments Singapore’s shares in Jurong Cement for $2.50 per share.
Holcim Investments, Jurong Cement’s controlling shareholder with a stake of over 55%, is currently offering $2.10 per share for the rest of the shares it does not own.
If Holcim Investments accepts the offer, YTL Cement — Jurong Cement’s second-largest shareholder — will make a mandatory offer for all the other voting shares, also at $2.50 per share.
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Microsoft, HP Announce $250 Million Enterprise Collaboration
January 13th, 2010 |
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Microsoft and HP announced on Jan. 13 that they would collaborate on engineering, sales and marketing initiatives for enterprise hardware and software. Termed by Microsoft CEO Steve Ballmer and HP CEO Mark Hurd as the deepest collaboration ever between the two tech companies, the three-year deal will affect everything from Microsoft applications running on HP’s x86-based ProLiant servers to the infrastructure and services of the Windows Azure cloud platform. Company executives denied the deal was formulated in response to Oracle or other competitors in the enterprise IT space.
– Microsoft and Hewlett-Packard announced a $250 million,
three-year agreement on Jan. 13 to mutually invest in engineering, sales and
marketing initiatives for the enterprise. The deal will see the companies
collaborate on, among other things, management and virtualization solutions
across the da…
Facebook claims 250 million users
July 16th, 2009 |
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Facebook founder Mark Zuckerberg on Wednesday said the number of people using the online social networking service had climbed to 250 million. “The rapid pace of our growth is humbling and exciting for us,” Zuckerberg said in a message posted at Facebook’s official blog. “For us,
AIG In Talks With U.S. Over Another $250 Million In Bonuses
July 11th, 2009 |
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American International Group’s recent discussions with President Obama’s compensation czar have centered on whether the company should pay about $250 million in promised bonuses that come due during the next nine months.