India will double its investments in infrastructure to $1 trillion during the 11th Five Year Plan that begins 2012, with half of that expected from the private sector, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said. Speaking at the annual meeting of the World Economic Forum at this Swiss ski resort, the key policy [...]
Posts Tagged ‘targets’
India targets $1 trillion infrastructure investment: Ahluwalia
January 28th, 2011 |
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Singapore targets $12-14b in fixed asset investments in 2011
January 24th, 2011 |
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Singapore expects to get $12 to 14 billion in fixed asset investment commitments this year as the global economic recovery continues and investors show increasing interest in Asia, the country’s Economic Development Board (EDB) said on Monday.
EDB said the city-state of 5 million people attracted $12.9 billion in fixed asset investment commitments last year, beating its forecast of $10-12 billion and surpassing the $11.8 billion in 2009.
AMD Targets Tablet Market, Growing PC Business
January 21st, 2011 |
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While AMD may be giving more attention to the tablet space, the company will continue to focus on current plans, particularly with its Fusion initiative, according to interim CEO Thomas Siefert. – A week after Dirk Meyer’s resignation as CEO
of Advanced Micro Devices, the company’s position going forward is essentially
to stay the course in the short term, while creating expansion plans farther
down the road.
Executives
at AMD, speaking during a conference call
with analysts and journal…
Samsung Targets E-Reader Market with Liquavista Acquisition
January 20th, 2011 |
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The acquisition of e-reader display specialist Liquavista suggests Samsung is planning on an e-reader of its own. – Seeking to gain a leg up in
the growing e-reader market, Samsung Electronics has acquired Liquavista, a
Dutch company that uses electrowetting cell technology to build digital
displays for mobile applications such as e-readers, mobile phones, GPS devices,
portable media players and cameras.
“I…
Cisco Targets Wireless Security to Step Beyond PCI Compliance
January 19th, 2011 |
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Cisco is talking wireless security with new announcements the company says are meant to go beyond PCI DSS requirements. – Cisco is looking to bolster wireless security with an eye toward going above
and beyond compliance with Payment
Card Industry (PCI) requirements.
Part of that starts with the addition of new PCI compliance reporting
capabilities for the Cisco Wireless Control (WCS). On top of its previous
PCI …
Citi Ups palm planters targets; likes Indofood
January 19th, 2011 |
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Citigroup says “CPO prices will remain well-supported over the near-term, as 1Q is typically a seasonally weak production period, exacerbated by wet weather affecting harvesting in parts of Malaysia and Indonesia.” It says other positives for CPO include firm soybean prices (weaker production outlook), higher oil prices (raised its estimate last week to $90/bbl from $85/bbl).
Credit Suisse raises Keppel, Sembcorp Marine targets
January 14th, 2011 |
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Credit Suisse raises Keppel Corp’s (BN4.SG) target to $13.50 vs $12.10 and Sembcorp Marine (S51.SG) target to $6.20 vs S$5.80 as the brokerage remains Overweight on the offshore & marine sector.
It says market trends indicate that a new rig replacement cycle is possible and that newer generation rigs are increasingly required to enable conversion of more challenging reservoirs.
IIFL starts SembMarine at Buy, targets $6.83
January 7th, 2011 |
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IIFL starts SembCorp Marine (S51.SG) at Buy with a $6.83 target price. Says SMM led the revival of new jack-up rig orders in 2H10; “We expect it to consolidate its lead with 11 new jack-up orders (including eight option exercises and three new orders) in 2011. The company is unlikely to win the Petrobras tenders, but its order book will be boosted by a renewed building cycle for competitive fleets.”
Goldman Sachs raises Keppel to Buy; targets $13.00
January 6th, 2011 |
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Goldman Sachs upgrades Keppel Corp (BN4.SG) to Buy from Neutral, raises its target to $13.00 from $11.00; “we expect KEP to deliver the largest increase in CROCI through 2013E within our O&M coverage universe, as its leading Singapore yard status makes it the best-placed to benefit from this upturn.”
BJP targets Sibal over 2G probe panel
December 10th, 2010 |
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The Bharatiya Janata Party (BJP) on Friday slammed Telecom Minister Kapil Sibal for announcing a judicial probe into 2G spectrum allocation from 2001 at a time when Parliament is in session. “The general practice is not to make any policy announcement outside the House when Parliament is in session,” Senior BJP leader Murli Manohar Joshi [...]
Jardine Matheson, Jardine Strategic targets raised by CLSA
December 7th, 2010 |
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CLSA lifts target prices for Jardine Matheson (J36.SG) to US$54 ($70.5) vs US$52 based on 20% discount to NAV, Jardine Strategic (J37.SG) to US$31 vs US$30 on 30% discount to NAV.
Keeps both at Outperform; “steep NAV discounts and low valuation multiples renders the risk-reward positive for these holding companies.” Says earnings prospects hinge on sustainability of growth in Southeast Asia, “which seems plausible at present”.
LANDesk Targets Automation, Endpoints, Mobile Devices for Security Management Suite
November 23rd, 2010 |
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After its acquisition by Thoma Bravo, LANDesk will be focusing on expanding its new automation management platform and expanding its endpoint security and mobile device management services. – With the distractions of the past year finally over,
LANDesk Software is looking ahead to expand its desktop and security management
offerings on top of its automation platform, according to CEO Steve Daly.
The past year has been an uncertain one, with the company
focusing on business as usual …
Citi ups targets for Keppel, Sembcorp Industries
November 19th, 2010 |
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Citigroup has raised its target prices for rigbuilders Keppel Corp (KPLM.SI) and Sembcorp Industries (SCIL.SI) and kept its "buy" ratings on both firms.
Citi expects Keppel to hit $12.80, from a previous target of $11.10, while it says Sembcorp Industries can rise to $5.60 from $4.73.
Qualcomm Snapdragon Processor Redesign Targets Smartphones, Tablets
November 18th, 2010 |
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Qualcomm showed off its redesigned Snapdragon processor, which is geared toward smartphones and tablets and will reportedly offer five times the performance at 75 percent less power. – Qualcomm introduced a fast, new version of its Snapdragon processor
at a New York analyst meeting Nov. 17, according to several media
reports. The new chipset, Qualcomms first to be based on a
28-nanometer manufacturing process, is intended for smartphones and
tablets and will feature a new CPU …
Enterasys Management Solution Targets Virtual Data Centers
November 17th, 2010 |
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Enterasys’ management software offers IT staffs greater control over virtualized environments with an all-encompassing view of the data center infrastructure. – Enterasys Networks executives in June unveiled
a data center networking strategy that is designed to take on larger rivals
like Cisco Systems, Hewlett-Packard and Brocade Communications, and started
with improvements to its S-Series family of switches.
Enterasys
on Nov. 15 rolled out the next s…
Facebook Messages with Microsoft Office Web Apps Targets Google
November 16th, 2010 |
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Facebook Messages integrates Microsoft’s Office Web Apps, allowing both companies to attack rival Google on the productivity and communications fronts. – Facebooks revamped messaging platform deepens the
social-networking giants ties with Microsoft, and positions both companies to
attack their mutual competitor Google from slightly different angles. The new
Facebook Messages blends text, SMS, e-mail and Facebook chat into a unified
communications…
Hamilton accuses Renault of hold-up tactics, targets competitive 2011 start
November 15th, 2010 |
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Former Formula One champion Lewis Hamilton has accused Renault of helping Red Bull, who use Renault engines, by holding up McLarens during the course of Sunday’s final race, which German Sebastian Vettel won to nail this year’s championship. “It was impossible to get past [Renault driver Robert] Kubica, he made it as difficult as it [...]
AVG Targets Google Android Security With Acquisition
November 11th, 2010 |
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AVG Technologies wants to acquire DroidSecurity to bolster its security capabilities for the burgeoning smartphone market. – AVG Technologies has agreed to acquire DroidSecurity to bring its mobile security capabilities in-house.
DroidSecurity is focused on protecting smartphones, tablets and other devices running on Google Android from malware. The acquisition enables AVGs Mobile Solutions Team to extend its security of…
T-Mobile Joins FreeMove Alliance, Targets Enterprises
November 10th, 2010 |
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T-Mobile is now the fifth carrier in the FreeMove Alliance, a group of otherwise European carriers supporting 400+ million business customers in a footprint of 59 countries. – T-Mobile has some new European friends and increased options for enterprise customers.
The FreeMove Alliance a group comprised of mobile carriers Deutsche Telekom, Orange, TeliaSonera and Telecom Italia Group, and with footprint of 59 countries and more than 404 million customers announced t…
Google Instant Previews Homes In on Users’ Search Targets
November 10th, 2010 |
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As fast as Google, Microsoft Bing and Yahoo search engines are, they are still predicated on the traditional model that users type in queries and get a bunch of links. Hopefully one or more of those actually fulfill users’ requests for information. Google Instant Previews guesses users’ queries as they begin to type them, helping users search much faster than before. Google Instant Previews marks the search giant’s next evolution of rapid-fire search, offering users visual snapshots of search results. This gives users a better idea of what lies behind the query, helping them filter out the noise from results of value. Instant Previews comes as Google battles newcomers, such as Blekko, as well as question-and-answer sites, such as Quora, Hunch and Facebook Questions, in an increasingly crowded market for digital information search. Google Instant Previews is rolling out gradually in 40 languages, but while you’re waiting, eWEEK offers this tour of them here. – …