During the week of March 7 to 13, Facebook recorded a better hearing in the United States. It is considered to be a milestone in the history of Facebook.
According to a study published by Financial Times, Facebook has become the most visited social networking site. Moreover, the numbers of its users has doubled during one [...]
Posts Tagged ‘United’
Facebook Got a Better Hearing in the United States
March 17th, 2010 |
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United Overseas Bank to merge Indonesia subsidiaries
March 1st, 2010 |
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United Overseas Bank, Singapore’s second-largest lender by market value, said its two bank subsidiaries in Indonesia, PT Bank UOB Indonesia and PT Bank UOB Buana will merge to comply with local central bank policy, reported Bloomberg. PT Bank UOB Buana will be the surviving entity from the merger, according to a statement to the Singapore stock exchange.
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United Overseas Bank rated buy
March 1st, 2010 |
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Phillip Securities Research in a Mar 1 research report says: “UOB reported net earnings of $552 million (+57.2% y-o-y, 3Q09: $500 million) against our estimate of $511 million, mainly due to lower provision charges as compared to a year ago.
“Bernanke Warned Congress On Wednesday That The United States Could Soon Face A Debt Crisis Like The One In Greece”
February 27th, 2010 |
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Bernanke is now joining Rosenberg, Ferguson and Faber, Edwards, Grice and many others in warning that the debt crisis rearing its head in Greece may spread to America, causing U.S. interest rates to climb.As the Washington Times wrote yesterday: With…
United Engineers rated outperform by CIMB
February 26th, 2010 |
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CIMB in a Feb 25 research report says: “4Q09 core net profit of $22m formed 65% our full-year estimate. FY09 core net profit of $49m accounted for 146% of our forecast. Key reasons for the outperformance were better profit recognition from the Rochester. A one-time recognition of an M&E project at the Marina Bay integrated resort also helped.
Pan United Corporation rated hold
February 25th, 2010 |
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DBS Vickers Securities in a Feb 24 research report says: “Pan-United’s FY2009 net profit dipped 31% y-o-y to $34.7 million on a 15% drop in revenue, in line with our expectations. The poorer earnings were attributed to lower revenue and profitability of ready-mix concrete (RMC), which saw a c. 20% y-o-y decline in ASP.
United Engineers posts full-year net profit of $52.2m
February 24th, 2010 |
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United Engineers says revenue increased by $79.1 million (13%) to $703.7 million in FY2009 from $624.6 million in FY2008 mainly due to the progressive recognition of revenue from residential development projects, The Rochester in one-north and Park Central @ AMK in Ang Mo Kio, as well as an engineering project for the Marina Bay Sands Integrated Resort.
Man United fans urged to turn up heat on Glazers
February 24th, 2010 |
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A Manchester United supporter-based campaign to force the Glazer family to sell their interest in the club can only succeed if fans boycott matches and stop buying merchandise, a soccer finance expert has said. Lifelong United fan Keith Harris, the former chairman of the Football League and
UN Highlights Need to Address Mounting E-Waste
February 23rd, 2010 |
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The United Nations Environment Programme fears that an anticipated rise in electronics sales in developing nations will mean exponentially increasing amounts of hazardous e-waste from sources such as old PCs, mobile phones and televisions. A UNEP report calls on countries to turn a challenge into an opportunity.
– As electronics sales in China,
India and large
portions of Africa and Latin America
are expected to rise dramatically over the next 10 years, UNEP (the United Nations Environment Programme) is
fearing that the build-up of hazardous
electronic waste will increase as well.
To estimate the c…
United Overseas Insurance posts 138% rise in net profit to $23.1m for full year
February 22nd, 2010 |
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United Overseas Insurance posted a 137.7% rise in net profit to $23.14 million for the full year ended Dec 31 2009 (FY2009) compared to $9.73 million for FY2008. million4th Quarter 2009 (“4Q09”) versus 4th Quarter 2008 (“4Q08”)
Gross premiums increased marginally by 1.7% or $1.4 million to $84.5 million when compared to that of last year. In the previous year, gross premiums had benefited from a one-time adjustment of $1.7 million. Without that adjustment, gross premiums would have been higher by $3.1 million, reflecting the strengthening economy.
United Industrial Corporation upgraded to hold
February 17th, 2010 |
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DBS Vickers Securities in a Feb 17 research report says: “UIC reported a net loss of $142.8 million (-91% y-o-y), impacted by revaluation deficits from Singland’s office portfolio and UIC Building. Otherwise, the group would have chalked a $240.8m million net profit.
Cluster bomb ban reaches ratification: UN
February 17th, 2010 |
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The United Nations announced Tuesday that a 30th country had signed on to the international convention banning cluster bombs, paving the way for the document to come into force on August 1. “The United Nations received today the 30th instrument of ratification for the Convention on Cluster
United head to Milan to better past record
February 16th, 2010 |
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AC Milan and Manchester United will go head-to-head at the San Siro in arguably the biggest tie of the Champions League round of 16 today. One of the main reasons for the tie’s magnitude will be the return of David Beckham to Old Trafford as an away team player for the first time since he left
United Overseas Bank ($18.40) — Counter-trend move
February 15th, 2010 |
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Prices are staging a temporary rebound following the appearance of a positive divergence between price and quarterly momentum. ADX is falling, an indication of the absence of a strong trend. That may prevent the kind of decline that other stocks have experienced.
Tadić: Kosovo cannot join United Nations
February 13th, 2010 |
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President Boris Tadić said that Kosovo will never become a member-state of the United Nations without Serbia’s approval. “This fact alone speaks clearly that without Serbia, the problem of the future status of Kosovo cannot be solved,†Tadić said, adding that the idea of forcing Serbia into a corner with a plan for a sped up recognition of Kosovo independence is not giving any results.
Party could break ranks over Srebrenica
February 8th, 2010 |
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United Serbia (JS) party MPs will not support a resolution on Srebrenica if it defines the 1995 crime as genocide. This is according to a statement made in Belgrade on Monday by JS President Dragan Marković Palma.
United Fiber Systems – Corporate moves
February 4th, 2010 |
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Pauline Lee has been appointed finance director wef Feb 1
Work experience: Group finance manager, Brothers (Holdings) Ltd; group accounting manager, Koh Brothers Group Ltd; group finance manager, Soilbuild Pte Ltd
Feb 2: Keppel, CWT, Tiger, Boustead, United Envirotech, Pteris Global
February 2nd, 2010 |
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Singapore’s benchmark Straits Times Index (.FTSTI) fell 0.33% to close at 2,736.17 points yesterday. US stocks rose on Monday as better-than-expected data on the manufacturing sector and earnings from Exxon Mobil boosted sentiment. Here are some SGX stocks that may see heavy trading today, say business news wires.
Rigbuilder Keppel Corp (KPLM.SI) will be in focus of investors’ radar today after it announced a US$1 billion ($1.4 million) project in Brazil yesterday, say Thomson Reuters.
Keppel, the world’s biggest oil rig builder, said on Monday it has won a $1 billion contract with a joint venture partner to build and operate a rig platform in Brazillian waters.
The contract is Keppel’s largest rig deal in over two years and will bolster the firm’s order book, which has been falling over the past year and stood at US$5.6 billion ($7.9 billion) at end-December.
Man United hope for a favour from Arsenal
February 2nd, 2010 |
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Sir Alex Ferguson has delivered a hammer blow to Arsenal’s title hopes but the Manchester United Manager believes Arsene Wenger’s side can do his team a favour at Chelsea next weekend. Ferguson was rewarded for an inspired team selection as England forward Wayne Rooney and Portugal winger Nani
United Envirotech posts 384% rise in net profit to $5.2m in 3Q
February 1st, 2010 |
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Mainboard-listed United Envirotech, one of the leading membrane-based water and wastewater treatment solutions providers, says it posted a 383.6% y-o-y increase in net profit of $5.2 million in 3QFY2010.
On the back of higher engineering income and recurring treatment revenue, the group recorded $18.8 million revenue in 3QFY2010, representing 114.3% y-o-y increase in revenue.