The following companies may have unusual price changes in Singapore trading. Stock symbols are in parentheses, and share prices are from the previous close. Singapore’s Straits Times Index declined 1.6% to 3,179.72.
CEI Contract Manufacturing (CEI SP): The maker of electronics components said full-year net income increased to $5.2 million from $2.3 million a year ago. The stock surged 8.7% to 12.5 cents.
OCBC Investment Research in an Oct 20 research report says: “Neptune Orient Lines (NOL) reported its 3Q10 results with revenue accelerating 55% y-o-y and 15% q-o-q to US$2.4 billion.
Neptune Orient rose 3.4%, the biggest advance since July 8, to close at $2.13 in Singapore. The stock was the second-best performer on the Straits Times Index today.
Neptune Orient rose 2.4%, set for the biggest advance since Oct. 6, to $2.11 as of 9:33 a.m. in Singapore. The stock was the best performer on the Straits Times Index.
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.
Palm-oil suppliers: Crude palm oil for December delivery surged 6% in Kuala Lumpur yesterday to a 26-month high, tracking a rally in soybeans.
Here are some stocks to watch say Bloomberg and Thomson Reuters:
OCBC Investment Research in a Sep 9 research report says: “The group reversed six consecutive quarters of losses and posted a US$99.7 million profit for the quarter, lifting it to a net US$1.2 million profit for 1H10.
Proceeds will be used to partly finance a previously announced order of 12 new container ships, Neptune Orient said.
DBS Group Holdings managed the sale, the person said, asking not to be identified as details are private.
The bonds may price as early as today, the person said, asking not to be identified as details are private.
The notes may price as early as today, the person said, asking not to be identified as details are private. DBS Group Holdings is managing the sale, the person said.
1989: Voyager 2 makes its closest encounter with Neptune, passing just 3,000 miles above the cloud tops of the most distant planet in our solar system.
The Voyager 2 space probe has been our most productive unmanned space voyage. It visited all four of the outer planets and their systems of moons and rings, including the [...]
By Tony Long and Doug Cornelius
2006: Pluto, once the ninth planet from the sun, is downgraded to a mere “dwarf planet.” Our solar system loses a favorite kid brother and now has, officially, only eight planets.
Pluto was discovered by American astronomer Clyde Tombaugh on Feb. 18, 1930. Comparing photographs taken of the same section [...]
Second-quarter net income was US$99.7 million ($134.9 million), compared with a US$146.2 million loss a year earlier, the company said in a statement today. Neptune Orient said it expects “significant improvement” in profit for the third quarter.
As of this moment (11:06 Eastern Daylight Time), bubbles are apparent near the blowout preventer from Hos ROV1 video cam (one of BP’s official underwater video cameras) here: Oceaneering – ROV 2 (30948)And there is seepage or leakage of some kin…
Detlev Kerber has been appointed president, Europe wef Aug 1
Work experience: VP, Asia Europe Trade, NOL Group; MD, Germany & Central Europe, NOL Group; VP, Trade Asia, NOL Group
1846: Emerging from his Paris workshop, musician-inventor Adolphe Sax files 14 patents for an instrument destined to revolutionize American music nearly a century later. His new invention: the saxophone.
Initially crafted from wood, Sax’s instruments flared at the tip to form a music-amplifying bell. Designed in seven sizes from sopranino to contrabass, the saxophone combined the [...]
