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U.S. stocks fell last week, halting a two-week advance, as a worsening outlook for technology company earnings added to concerns that the eight-month rally in equities has outpaced the prospects for economic growth.
Earnings are higher, the retailer is making acquisitions, and an IPO is expected early next year When a trio of private equity buyers snapped up Toys "R" Us in 2005, many predicted the retailer wouldn't survive. Instead, Toys...
Las Vegas Sands Macau IPO prices at low end of range * Sands China EV/EBITDA valuation, 13.5 times '10 earnings (Adds quote, details, background) By Kennix Chim HONG KONG, Nov 21 (Reuters) - Sands China Ltd, the Macau operation...
Ontario Power relies on investment funds amid higher costs, soft market Ontario Power Generation Inc. had a $259 million profit in its latest quarter, although the provincial Crown corporation continued to feel the impact of...
KUALA LUMPUR: AirAsia Bhd reported a net profit of RM130.1mil for the three months ended Sept 30 on a 4.5% growth in revenue to RM739.7mil against RM707.9mil a year ago. “The growth in revenue was attributed to higher ancillary...
IN the push towards high income status, parallels can be drawn from the country's past efforts at nurturing technology-based industries. And questions need to be asked if those efforts had borne much fruit.
Earnings upgrades to drive up market: HSBCMkts are expected to move higher over next 12 mths, as surprises in cos' growth could trigger earnings upgrades, said HSBC. Investing in multiple funds? | Mid-term picks
Glen Stubbe, Star Tribune Hobbit Travel President George Wozniak said he’s confident that business will continue to improve. As cold weather approaches, Minnesotans are plotting their winter getaways and for Hobbit President...
PETALING JAYA: PPB Group Bhd's net profit for the third quarter ended Sept 30 surged 187.5% to RM595.1mil from a year ago due mainly to a higher profit contribution of RM943mil from its associate company Wilmar International...
HAVE a Coke and a smile – that was one of the most memorable taglines for Coca-Cola. Although Fraser & Neave Holdings Bhd (F&N) has lost the rights to sell Coca-Cola drinks locally, the company has every reason to remain...
