The company’s stock price rose 76 cents a share to $17.70 after the report was issued. Overall revenue was up 2 percent to $4.1 billion, compared to the $4 billion the company forecast.
– As the world’s data multiplies, EMC keeps right on selling places to keep it — and making a handsome profit at the same time.
The world’s largest independent data storage company Jan. 26 reported a
fourth-quarter profit of $426.5 million [20 cents per share] — up 54
percent from a year ago –…
Container shipper Neptune Orient Lines says for the 4 weeks from Oct 17 to Nov 13 (Period 11), container shipping volumes increased 23% y-o-y to 208,000 FEU (Forty-foot Equivalent Unit) while average revenue per FEU declined 28% y-o-y to US$2,239 ($3,109).
The increase in volume was mainly due to higher volumes lifted in several trade lanes. Lower average revenue per FEU was due to lower core freight rates and lower bunker recovery.
P11 YTD, 2009 container shipping volumes declined 12% to 1,976,200 FEU while average revenue per FEU declined 24% to US$2,301 over P11 YTD, 2008 levels.
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Singapore’s visitor arrivals fell 0.5% in October from a year ago to 845,000, the Singapore Tourism Board said today.
In October, nine out of Singapore’s top 15 visitor arrival markets posted growth over October 2008.
China registered its first growth of 8.4% since May 2008, spurred by an unusual eight-day Golden Week holiday.
Hong Kong SAR posted the largest percentage growth at 27.4% among the top 15 markets due to attractive travel package promotions.
Malaysia (+26.2%), Vietnam (+11.8%), Australia (+7.6%), Thailand (+5.2%), Germany (+3.7%), the USA (+2.8%) and the UK (+2.3%) all saw growth this month.
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In the first half of 2009, Chinese electricity output was 1.6442 trillion Kw/h, dropping by 1.7% over the same period. In 2008, it increased by 12.9% over the same period. In June of 2009, Chinese electricity output was increased by 5.2% over the same period, changing the situation of continuous decline for 8 months. In [...]
