Google’s Chrome Web browser boasts an 8.47 percent market share in October, taking points from Microsoft Internet Explorer and Mozilla Firefox, according to researcher Net Applications. – Google Chrome rose to 8.47 percent market share through October as the
upstart Web browser took small bits of share from leader Microsoft Internet
Explorer and Mozilla Firefox.
Chrome had reached the cusp of 8 percent share through September before
easily vaulting over the barrier in the just-co…
Noble Group, the commodities supplier that counts China’s sovereign wealth fund as a shareholder, priced US$350 million ($456 million) of perpetual bonds to yield 8.5%, according to two people with knowledge of the sale. The notes are callable after five years.
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French-American mathematician Benoit Mandelbrot discovered fractal mathematics, the study of measuring and simulating irregular shapes found in nature. – Mathematician Benoit Mandelbrot, the father of fractals,
died of pancreatic cancer on Oct. 14, AFP reported. He was 85 years old.
His work on fractals has become a foundation of Chaos
theory and is critical to many applications and systems, ranging from digital
compression on computers, modeling…
Xpress Holdings, the provider of fast turnaround print solutions, says net profit for the financial year ended 31 July 2010 (FY2010) amounted to $8.5 million compared to $13 million a year ago, a decline of 35%.
Profit before tax rose 11.9% to $4.7 million from $4.2 million a year earlier despite challenging operating conditions in the global printing industry.
Mainboard-listed Cosco Corporation (Singapore), one of the leading ship repair & marine engineering and shipping groups, says it posted an 84.7% y-o-y rise in net profit attributable to equity holders of the company to to $68.4 million for its financial results for the second quarter ended 30 June 2010 (2Q 2010) due to higher profit contributions from dry bulk shipping and shipyard operations.
The company had a net income of $68.4 million compared with $37 million a year earlier, according to a stock exchange statement. Revenue increased 34% to $962.5 million compared with $718.5 million a year earlier, it said.
After the spinoff of its music-subscription streaming service Rhapsody as an independent company with Viacom, RealNetworks makes deeper job cuts in Seattle. The company is now down to roughly 1,300 employees. – Seattle-based
RealNetworks is once again scaling back its operations and announced a
restructuring of its operations which includes layoffs of 85 employees,
according to a company statement from June 22. RealNetworks is a digital
entertainment company known for its RealPlayer streaming platform,…
Max Palevsky, who took the fortune made when he sold his company to Xerox in 1969 for $1 billion and invested it in a startup that would become Intel, died of heart failure May 5 at the age of 85, the New York Times reports. Palevsky was also known for his love of politics and his world-renowned Arts and Crafts furniture collection.
– Max Palevsky, a co-founder of chip giant Intel who made a fortune in the
technology business before turning his attention to philanthropy and politics,
died May 5 at his home in Beverly Hills, Calif., at the age of 85.
Palevsky died of heart failure, his assistant, Angela Kaye, told the New York
…
Mapletree Logistics Trust (M44U.SG) off 0.6% at 87 cents as investors opt to book some gains from winning streak of last three days, which pushed price to new year-to-date high of 89 cents yesterday, says Dow Jones.
Shares of CapitaMalls Asia (CMAL.SI) opened 8.5% higher today, boosted by strong demand from investors keen on gaining exposure to China’s fast-growing consumer market.
At 9:01 a.m., CapitaMalls was traded at $2.28 compared with its initial public offering price of $2.12 a share. It opened at $2.30.
The IPO of CapitaLand’s (CATL.SI) malls unit was 1.7 times oversubscribed, the company said late yesterday.
Singapore’s benchmark stock index, the Straits Times Index, rose 0.36% at 9:05 a.m.
The index of 30 companies traded on Singapore Exchange Ltd. rose 10.09 to 2,790.07. Among the stocks in the index, 14 rose, 5 fell and 11 were unchanged.
Gains in the Straits Times Index were led by DBS Group Holdings, United Overseas Bank and CapitaLand. About 62.31 million shares changed hands in Singapore.
Capitamalls Asia, which rose 16 cents or 8.5% to $2.28, was the most active stock by value in Singapore.
The next most-active issues were Singapore Airlines, which was unchanged at $13.78, and DBS Group Holdings, which rose 16 cents to $14.98.
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“Welcome back, my friends, to the show that never ends…” All week long, this line has been running through my head. It’s from an Emerson,…
