Telecom giant Bharti Airtel Wednesday reported a 41 percent decline in its net income for the quarter ended December 2010 at Rs.1,303.3 crore owing to weaker margins from its African operations, currency fluctuations, spectrum charges and brand relaunch costs. The operator had posted Rs.2,194.9 crore net income during the same period last fiscal. “Adverse currency [...]
Posts Tagged ‘41’
Bharti Airtel net slumps 41 percent on spectrum cost, margins
EMC Launches 41 SMB Storage Products in Splashy Transatlantic Event
There was a lot of storage product information to present all at once, but EMC was bound and determined to do its first product launch of 2011 in a huge way on Jan. 18. In concurrent New York City and London events, the world’s largest independent storage company took the wraps off 41 new enterprise storage products for all markets. The new items, which become available in the current quarter, include a line of low-end storage servers aimed at SMBs called VNX and VNXe, which eventually will replace the company’s standard Clariion and Celerra products; an upgraded version of the Data Domain backup packages; a new Data Domain archiving array; its first branded Isilon "big data" array; and new software for its Symmetrix VMAX systems. The entry-level VNX and VNXe storage systems feature a starting price of about $10,000, so the traditionally large-enterprise company is making a concerted effort to move downstream in the market. Oh, yes, a splashy event like this wouldn’t be complete with photo opportunities, and there were a couple of nonsensical stunts involved. – …
Samsung Jumps Up to 41 Percent Market Share in DRAM
The South Korean electronics giant solidified its domination of the market by selling $4.4 billion worth of DRAM in Q3 — up 14.3 percent from the previous quarter. – When people talk and write about solid-state data storage, most of the
attention goes to NAND flash, NOR flash and
static RAM.
DRAM (dynamic random access memory), which
is present in just about every desktop, laptop, server and storage array in the
world, is sometimes taken for granted or o…
Golden Agri 3Q profit rises 41% on prices
Net income rose to US$99.17 million ($127.5 million) for the quarter ended Sept. 30 compared with US$70.56 million a year-earlier, the Singapore-based company said today in a statement.
Golden Agri-Resources sees 41% rise in 3Q net profit to $127m
Golden Agri-Resources has recorded a 41% year-on-year increase in net profit to US$99 million ($127 million) for the third quarter ending Sept 30 (3Q2010).
Revenue rose 43% to $965 million from $673 million in the same period.
Golden Agri-Resources says it achieved strong recovery in its palm products output for 3Q 2010 by 21% to 608,000 tonnes from 503,000 tonnes in the previous quarter, resulting in year-to- date performance of 1.56 million tonnes.
Neptune Orient has profit as container rates jump 41%
The company made a US$282.3 million ($368.5 million) profit in the three months ended Sept. 17, compared with a US$138.9 million loss a year earlier, it said in Singapore exchange statement today. That beat the US$157.3 million average of three analyst estimates compiled by Bloomberg. Sales jumped 55 % to US$2.4 billion.
Olam +4.1%; Capital Group ups stake; $3.19 cap
Olam (O32.SG) +4.1% at $3.03 in active trade as increase in shareholding by Capital Group Companies further fuels interest in shares, already +4.3% since start of this week, says Dow Jones.
According to SGX filing, Capital Group boosted stake in commodities trader to 5.2732% from 4.8886% earlier this week via purchase in open market. “You might say some people are following the smart money,” says local house trader.
Apple iOS 4.1 Jailbreak Reportedly Discovered
A jailbreak has reportedly been developed for Apple iOS 4.1, the latest version of Apple’s mobile operating system. – A jaibreak has
reportedly been discovered for Apple iOS 4.1, the latest version of
the operating system.
iOS jailbreaking allows iPad, iPhone and iPod Touch users to have root
access to their device and install applications unauthorized by Apple. According
to reports, pod2g of the Chronic Dev …
Tiong Seng +4.1% on $270m Singapore project
Tiong Seng (K2P.SG) +4.1% at $0.255 vs flat at $0.245 midday following construction group’s announcement during lunch break of $270 million contract to build mixed development in Singapore comprising hospital, hotel, medical clinics, according to Dow Jones.
VMware vSphere 4.1 Features Large Capacity Cluster, VM Density
Review: VMware vSphere 4.1′s memory compression, storage and network I/O control, along with a cluster limit increase, make the latest virtual machine platform suited for enterprise production use. – VMware vSphere 4.1 continues to lead the enterprise virtual
machine platform pack. New memory management, storage and network control
features enable resource pool creation that improves scale while reducing
performance drags.
Virtual machine management gains increased in importance in
the vSp…
vSphere 4.1 Maintains VMware at the Front of the Virtual Infrastructure Pack
VMware punched up additional networking, memory and storage management features to put further polish on the flagship data center virtualization offering. – …
Jardine C&C started at Overweight by Morgan Stanley; $41 eyed
Morgan Stanley has started Jardine Cycle & Carriage (C07.SG) at Overweight with $41.00 sum-of-parts target price, says Dow Jones.
Morgan Stanley says stock is best way to capitalise on strength of 50%-owned Astra International (ASII.JK), which accounts for 90% of group earnings, without paying for high valuations. Notes direct investors in Astra have to pay 15% dividend withholding tax, whereas Jardine pays concessionary 10% tax as it’s major shareholder.
Mermaid Maritime +4.1%; suited for Chevron: UOB
Mermaid Maritime (DU4.SG) +3.1% at $0.51 as drilling group bags US$24.5 million ($34.5 million) contract to service repeat customer Chevron in Indonesia, according to Dow Jones.
Tiong Seng posts 41% fall in 1Q net profit to $3.1m
Tiong Seng Holdings, the Singaporeâ€based construction group and property developer, has reported a net profit attributable to equity holders for the three months ended 31 March 2010 (1QFY2010) of $3.1 million from $5.2 million a year ago (1QFY2009).
The lower net profit for Q12010 resulted from a decline in the group’s revenue to $54.2 million, from $122.8 million in Q12009. This was due mainly to a yearâ€onâ€year decrease in revenue from the sale of units from completed properties in China. In March 2009, the group completed the Tianmen Jinwan Building in Tianjin. In line with its accounting policy, all units sold since the start of sales in October 2007 till its completion were recognised in 1QFY2009.
Lumension Risk Manager 4.1 Shines a Light on Compliance
Review: After some study and setup, Lumension Risk Manager can be a powerful tool for IT administrators needing to monitor an organization’s risk and regulatory compliance status. – What’s your
organization’s exposure to risk? Without a central location in which to keep
track of your IT assets and risks they represent for your business, you may be
more exposed than you realize. Enter Lumension Risk Manager, which can be a
very effective tool for IT administrators charged wi…
NOL +4.1%; $2.10 cap; guidance may turn positive
Neptune Orient Lines (N03.SG) is the top percentage gainer among blue chips, +4.1% at $2.05, as buyers return after stock closed below $2 on Friday for first time in more than a month, according to Dow Jones.
First Ship Lease Trust down 4.1%; 2 charter deals at risk
First Ship Lease Trust (D8U.SG), which has been on largely steady decline since reporting 1Q10 results April 20, is down 4.1% to 58 cents as client seeks to discontinue charter contracts for 2 vessels, according to Dow Jones.
Second Chance initiated a Buy by DMG with 41 cents target
DMG starts Second Chance Properties (528.SG) at Buy with 41 cents target price, according to Dow Jones.



