Tiger said substantial shareholders Indigo Singapore Partners and Ryanasia, along with chief executive Tony Davis, sold 65.796 million Tiger shares at a discounted price of $1.90 in a transaction worth about $125 million.
Microsoft Bing experienced largely flat growth in July, according to Experian Hitwise. That could mean the Microsoft search engine is holding the line against Google, or else that its features are failing to attract large numbers of new users. – Microsoft Bing saw its
percentage of U.S. online searches hold steady between June and July, according
to new data from Experian Hitwise. Depending on how one interprets that data,
either Microsofts search engine has staying power in its long-term battle
against Google or else Bings offerings ar…
Google nabbed 65.8 percent of the U.S. search market share in July, compared with Yahoo’s 17.1 percent share and Microsoft Bing’s 11 percent share, comScore said. – Google continued to fend off Yahoo and Microsoft Bing in July, commanding
65.8 percent of the U.S.
search market share, according to comScore August 17.
Google’s plot is down from a 66.2 percent share through June and its all-time high of 66.4 percent in May.
Yet the share is still almost four …
Singapore Telecommunications, said first-quarter profit was little changed as slower growth at regional associates including India offset contributions from its local business and Australian unit.
Net income was $943.2 million, or 5.91 cents a share, in the three months ended June 30, compared with $945.4 million, or 5.92 cents a share, a year earlier, Southeast Asia’s largest phone company said today in a statement. That compares with the $974.6 million average estimate of five analysts surveyed by Bloomberg News.
Shares of Singapore Telecommunications (STEL.SI) fell as much as 2.24% in morning trade on Friday as the share went ex-dividend.
Over 4.8 million shares had changed hands and the shares dropped 7 cents to $3.05 by mid-day.
“It’s purely ex-dividend. The ex-dividend is 8 cents so the share price adjusted for it,” a trader at a local brokerage said.
Singtel announces its April-June quarter results next week and analysts said they are expecting an annual increase of around 4% in net profit.
Shares of SingTel have fallen 2% since the start of the year.
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Googles Android operating system is expected to garner greater worldwide market share than Apples iOS by 2012, according to a new report from iSuppli. – Apple may be the brand that all other smartphones are compared to,
but such allure doesnt necessarily translate to market share. In the
race for worldwide mobile OS market share, handsets running Googles
Android are expected to outpace those running Apples iOS by 2012,
research firm iSuppli repo…
Microsoft saw market share for Internet Explorer climb in July, even as some of its rivals fell incrementally. But questions about the browser’s privacy settings also forced the company to publicly respond. – Microsoft saw market share for Internet Explorer climb in
July, even as questions arose about the browsers privacy settings.
Net
Applications has estimated Internet Explorers July market-share at 60.74
percent, an increase from Junes 60.32 percent, followed by Firefox with
22.91 percent, Chrom…
Google’s Chrome Web browser lost market share in July for the first time in several months, according to Net Applications. Microsoft Internet Explorer and Apple’s Safari both siphone market share from Chrome and Mozilla Firefox. – Google’s Chrome Web browser lost
market share for the first time ever thanks to upticks in July for both Microsoft
Internet Explorer and Apple Safari.
Chrome had steadily grown over the last several months, topping 7.24 percent through June, but through July the young Web browser had
slipped a…
Singapore Exchange, the operator of the city-state’s securities and derivatives markets, said fourth-quarter profit fell 13% as trading volumes declined.
Net income dropped to $79.6 million, or 7.43 cents a share, in the three months ended June, from $91.2 million, or 8.51 cents a share, a year earlier, the company said in a statement today. Operating revenue slipped 4.5% to $162.3 million as expenses increased 10% to $70.8 million.
Selling pressure on Noble Group (N21.SG) not letting up as controlling shareholder Richard Elman’s decision to step down as chairman raises concerns he may offload some shares, says Dow Jones.
Stock off 2.9% at $1.67 with volume at 4-week high, may hold above $1.63, based on orderbook quotes.
Cost management and virtualization were identified as the top issues concerning enterprise IT organizations in a recent SHARE survey of more than 160 IBM customers. Also, IBM plans to showcase its new zEnterprise mainframe at the SHARE conference in Boston Aug. 1-5. – What are the most pressing
issues facing enterprise IT organizations? Cost management and virtualization, according
to a recent survey of more than 160 IBM customers.
The complete results of the
survey, conducted by SHARE, will be
released at SHARE’s biannual conference, SHARE
in Boston, Aug…
Ezion Holdings (5ME.SG) off 0.7% at $0.70 as investors mull earnings dilution risk following company’s issue of 53 million preference shares, which can be exchanged for ordinary stock over 3-year period, says Dow Jones.
Supplier of offshore support vessels will issue preference shares at $1 each to Venstar Investments, raising net proceeds of $51.3 million to be used for funding capex, general working capital needs, potential acquisitions.
“We see this issue of preference shares as a good option for Ezion’s funding requirements for its burgeoning business prospects, while avoiding immediate dilution,” says Kim Eng Securities, which has Buy call with $0.99 target.
Current pullback not accompanied by firm volume. Support at last week’s low of $0.675.
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India’s Fortis Healthcare (FOHE.BO), which was locked in a battle with Khazanah for control of Parkway, has decided to accept the offer, Khazanah said in a statement.
At Microsoft’s Worldwide Partner Conference July 11 to 15, Chief Operating Officer Kevin Turner told attendees he believes Apple’s iPhone 4, with its antenna problems, could be that company’s Windows Vista. Turner was referring, of course, to the issues faced by Microsoft after its Vista operating system failed to deliver an experience that customers had hoped for. Turner’s comments were certainly interesting, and they undoubtedly will make some wonder if he’s right. After all, there are parallels that can be drawn between the two releases. Depending on what Apple does to address the iPhone 4 antenna issue beyond offering a free case, the iPhone 4 could turn out to be just as big of a problem for Apple as Vista was for Microsoft. Let’s examine some of the similarities between Windows Vista and Apple’s iPhone 4. – …
Nokia, under siege from Apple and Google, is reportedly looking for a new CEO in its efforts to stem its market share losses and once again become competitive at the highest end of the smartphone market. – Nokia may still be the world’s top smartphone vendor, but it has seen its market share points slip away in recent months, and officials are looking for ways to stop the leaking.
Most recently, reports have surfaced that the company is looking for a new CEO. While a U.S. spokesperson for Nokia wou…
Singapore Airport Terminal Services (S58.SG) +0.7% at $2.81, hardly fazed by prospect of increased competition as Singapore launches second stage of two-phase tender to award third ground-handling licence for Changi Airport, says Dow Jones.
Changi Airport Group has shortlisted four companies — AirAsia (5099.KU), Aircraft Service International (ARI.XX), Jetstar, SIA Engineering (S59.SG) — to submit detailed bids. Tender closes Sep 17, with winner expected to start operation under 10-year licence in 1H11.
Etika International (5FR.SG) +15.1% at $0.80 on above-average volume as interest in otherwise thinly-traded stock piqued by condensed milk maker’s move to reward shareholders with 1 bonus share for every existing share held, amounting to total issue of 267.3 million shares, says Dow Jones.
