Symantec posted a profit of $136 million, down from $155 million. But the results beat forecasts. – Data storage and security provider Symantec revealed its fiscal
second-quarter earnings results Oct. 27, reporting that its profits
dipped 12 percent due mostly to higher costs related to sales and
marketing projects.
In the quarter ending Sept. 30, Symantec posted a profit of $136
million,…
The shares advanced 8.8% to 199.10 rupees at 10:54 a.m. local time. Prestige, which mostly develops real estate in south Indian city of Bangalore where it is based, raised 12 billion rupees ($351.3 million) after selling shares for 183 rupees each.
Total Access Communication Pcl, Thailand’s second-biggest mobile-phone company, said third- quarter profit surged 88% after revenue from data services increased and costs declined.
Net income was 3.06 billion baht ($133 million), or 1.29 baht per share, in the three months ended September, from 1.63 billion baht, or 0.69 baht, in the same period a year earlier, the company said. That’s more than the 2.87 billion baht average estimate of 12 analysts surveyed by Bloomberg.
Net income climbed to $346.3 million from $319.6 million a year earlier, the company said in a Singapore stock exchange statement today. That beat the $289.3 million average of three analyst estimates compiled by Bloomberg. Sales dropped 19% to $2.45 billion.
CapitaRetail China Trust Management Limited (CRCTML), the manager of CapitaRetail China Trust (CRCT), announced that CRCT has achieved net property income (NPI) of RMB94.2 million ($18.5 million) for 3Q 2010, up 9.1% against the same period last year. Income available for distribution is $13.0 million.
Distribution per unit (DPU) for the quarter ended 30 September 2010 is 2.08 cents, a 3.0% year-on-year increase compared to 3Q 2009. This is an annualised distribution yield of 6.7% based on CRCT’s closing price of $1.24 per unit on 19 October 2010.
Shares on the measure trade at an average 15.7 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Shares on the measure trade at an average 15.7 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
At about 0156 GMT, Sembcorp shares were at $4.60 with over 3.9 million changing hands.
Shares on the measure trade at an average 15.7 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to Bloomberg data. The following shares were among the most active in the market.
Google’s paid search share rose 2 percent for the third quarter, thanks to hiccups in Bing and Yahoo’s paid search integration, Efficient Frontier said. – Google is reaping the early rewards of Yahoo’s search integration with
Microsoft, as the search engine saw its share of paid search spend rise 2
percent for the third quarter.
Web marketer Efficient Frontier said Google’s share of paid search rose from 75.8 percent in the
second quarter of 2010 …
At 0214 GMT, Yanlord shares were trading at $1.74 on a volume of 6.4 million shares.
Shares on the measure trade at an average 15.5 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Shares on the measure trade at an average 15.5 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Shares of Singapore-listed commodity firm Noble Group <NOBG.SI> rose 2.5% to $2.03 on Friday after launching a US$1.5 billion ($2 billion) revolving loan facility.
Over 23.4 million shares had changed hands by 10:37 a.m.
"This is good news because the company managed to secure quite a large sum of financing, part of which could be used for its expansion plans," said a local dealer.
Shares of Singapore-listed Chinese cable and wire manufacturer Hu An Cable <HACH.SI> rose 2.4% to $0.425 on Friday after a brokerage initiated coverage of the firm with a “buy” rating, traders told Dow Jones.
Over 4.4 million shares had changed hands by 9:22 a.m.
“We believe that Hu An is poised to take advantage of the changing dynamics of its industry,” Phillip Securities said in a report, which has a target price of $0.53.
{jcomments on}
Shares of Singapore-listed shipbuilder Cosco Corp <COSC.SI> rose as much as 3.2% on Wednesday after a broker upgraded it to “buy” as it stands to benefit from greater Chinese government support.
At around 9:31 a.m., Cosco shares were traded at $1.88 with over 7.6 million shares changing hands.
Shares on the measure trade at an average 15.5 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Shares of Singapore electronics contract manufacturer Venture Corp <VENM.SI> rose as much as 3.4% on Thursday, after Hewlett-Packard Co <HPQ.N> forecast 2011 earnings that surpassed expectations.
HP, Venture’s key customer, on Wednesday forecast 12 to 14 percent growth in non-GAAP earnings in fiscal 2011 and revenue growth of 5 to 7%.
At 10 a.m., Venture’s shares were traded at $9.59, outperforming the Straits Times Index’s <.FTSTI> 0.23% fall.
"Investors are looking at Venture as one of the beneficiaries of the better business outlook from HP," a local broker said.
{jcomments on}
Shares on the measure trade at an average 15.1 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
