Palm's third-quarter results were worse than feared, possibly as a result of bad choices and the difficulty of launching a new platform. One fix could be to turn to Google's Android mobile operating system, which consumers are embracing. However, some financial analysts are questioning Palm's future viability. - ...
Mobile device maker Palm warns that its revenue for the current quarter will fall far below analyst estimates and reports a net loss of $22 million, or 13 cents a share, for its third fiscal quarter. Palm executives say fourth-quarter revenue will be less than $150 million as a result ...
Singapore plantation stocks, which outperformed rest of market yesterday, are notably lower today as investors pocket gains amid uncertainty over outlook for crude palm oil prices. “We continue to believe that CPO price is unlikely to stay above MYR3,000 per ton for long, as inflation worries may prompt the ...
Recent strength in shares of plantation companies offers good chance for investors to reduce exposure to palm oil sector as unpredictable weather patterns have complicated farming practices, predictability of CPO prices, says Bank of America-Merrill Lynch, according to Dow Jones Newswires. “Weather outlook uncertainty increases the investment risk substantially.” ...
Shares of Asia’s palm plantation companies have rallied over the last one year, riding a rebound in the prices of crude palm oil (CPO) due to lower seasonal production and dry weather conditions. However, growth of at least 50% in the plantations index has lagged a rise of 55% ...
Singapore-listed palm oil planter First Resources (FRLD.SI) said on Monday it was aiming to grow its output by 10% this year to around 400,000 tonnes. The company's chief executive Ciliandra Fangiono told Reuters in an interview the company plans to increase its plantation area in Indonesia by 15,000-20,000 hectares this year, ...
Wilmar International, the world’s biggest palm oil trader, wants to acquire existing palm oil plantations, Chief Executive Officer Kuok Khoon Hong said at a press briefing in Singapore today, reported Bloomberg. He also said the company plans to expand its operation in China. {jcomments on}
News Analysis: Over the past year, Palm has been struggling. The company's Pre and Pixi have yet to gain the kind of market traction the company hopes for. There's little chance of that changing in the short term until Palm gets to work on improving its business. Here are 10 ...
Palm is expected to push out WebOS 1.4 to Palm Pre and Pixi handsets at any moment, according to several reports. The long list of expected improvements includes a fix to the browser and simpler options for making calls and interacting with contacts. - Sprint has confirmed ...
Palm CEO Jon Rubinstein dispatches a companywide memo assuring his team that plans are in place to boost WebOS sales and increase mobile brand awareness. Palm has warned Wall Street that third-quarter revenue isn't going to hit the mark. - Palm CEO Jon Rubinstein reportedly sent out a ...
Palm is cutting its revenue forecast for the year after the smartphone maker reported slower than expected sales of handsets. While Palm did not mention specifics, analysts believe sales of the Palm Pre Plus and Pixi Plus with Verizon have been slower than expected. Palms stock has fallen to record ...
Palm shares have fallen to their lowest since March 2009, with some analysts cutting their price targets. Others, however, are still optimistic that Palms assets, and the Verizon Wireless network, can, in the long term, again make Palm a major smartphone contender. - Palm seemed to have ...
A busy Verizon Wireless has stocked its shelves with the Palm Pre Plus and Pixi Plus, and introduced the VZ Navigator 5.0, an update to its GPS-based services. Unlike Nokias recent mapping announcement, the Verizon service is $9.99 a month. - The Palm Pre Plus and Palm ...
Verizon will begin offering the Palm Pre Plus and Pixi Plus on Jan. 25 for $149.99 and $99.99, respectively. Through Valentines Day, Pre Plus and Pixi Plus purchasers will receive a free Pixi Plus to pass to friends or family. - Verizon Wireless announced that the Palm ...
The following companies may have unusual price changes in Singapore trading today, say Bloomberg and Thomson Reuters. Singapore’s Straits Times Index fell less than 0.1% 2,908.42 last Friday. US stocks slid last Friday after JPMorgan Chase & Co reported deep fourth quarter loan losses and raised concerns about bank profits....
“Design USA: Contemporary Innovation” at the Cooper-Hewitt National Design Museum in New York offers visitors an iPod touch on which to access exclusive exhibition content. The iPod touch supplements the physical exhibition with “a wealth of interviews, slide shows and snippets of performances, all related to the 78 architects and ...
The following companies may have unusual price changes in trading today, say Bloomberg and Thomson Reuters. The Straits Times Index gained 0.7% to 2,909.52 last evening. Technology shares drove Wall Street higher last night on bets ahead of Intel’s quarterly results that business spending will bolster profits in the ...
Palm has just unleashed the upgrades on their current smartphones – the Pixi and the Pre. They have expanded and improved the software platform of both devices. Since the existing smartphones were upgraded, the new gadgets are now called as the Pixi Plus and the Pre Plus. Both of these Palm ...
Verizon will begin offering the Palm Pre Plus and the Pixi Plus on Jan. 25. While the devices were previously exclusive to Sprint, these smartphones will now have a much wider audience with Verizon. But is Palms move to Verzion too little, too late? - At the ...
Google Nexus One is Google’s first smart phone, which is introduced by Google itself. This phone is designed by Google and manufactured by HTC, Taiwan. Nexus one is the latest talk in technical world these days. The World is confused with Google Nexus One and Apple iPhone. Lot of news ...