SGX Watch

SGX Watch: – SingTel s Bharti Stake May Drop to 19.4%, Citi Says (Update2) – Bloomberg

May 28th, 2009

Research and Markets: 2Q09 Singapore Mobile Operator Forecast, 2008 – PR Inside
( www.researchandmarkets.com/research/68ac12/2q09_Singapore_mob ) has announced the addition of IE Market Research Corp.’s new report “2Q09 Singapore Mobile Operator Forecast, 2008 – 2013″ to their offering. Total wireless subscribers in Singapore to
Source: www.pr-inside.com

Singapore Hot Stocks-SingTel in focus on Bharti’s bid for MTN – Reuters
Singapore, May 27 (Reuters) – SingTel, Southeast Asia’s largest telecom firm, may be in focus on Wednesday on concerns that its 30.4 percent stake in India’s Bharti Airtel ( BRTI.BO ) may be diluted if the Indian firm merges with South Africa’s MTN
Source: www.reuters.com

Ditching landlines for mobiles – Straits Times
SHOWING their preference for a mobile number that goes everywhere with them, more home owners are cutting their fixed phone lines. According to Singapore’s telecommunications sector regulator Infocomm Development Authority (IDA), the penetration rate
Source: www.straitstimes.com

Will Bharti connect this time around? – Daily News and Analysis
New Delhi: Telecom giant Bharti Airtel and South African major MTN are locked in talks for a possible cross-border transaction valued at over $23 billion. But will the talks translate into an actual deal, going by the experience last year? Analysts
Source: www.dnaindia.com

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SGX Watch: – Stirling Products Limited (ASX:STI) Gets Approval For TB and HIV – ABN Newswire

May 27th, 2009

The Pomerantz Firm Reminds Investors of SunTrust Banks, Inc. of – StreetInsider.com
NEW YORK, May 22, 2009 (GLOBE NEWSWIRE) — Pomerantz Haudek Grossman & Gross LLP ( www.pomerantzlaw.com ) (”Pomerantz”) has filed a class action in the United States District Court for the Northern District of Georgia against SunTrust Banks, Inc
Source: www.streetinsider.com

Initiating SunTrust Banks at Neutral – Credit Suisse comments – RTT News
(RTTNews) – Thursday, Credit Suisse initiated coverage of SunTrust Banks, Inc. (STI: News ) stock with a Neutral rating and a price target of $14. The brokerage established its 2009 loss per share estimate of $6.27, and its 2010 loss estimate of $2
Source: www.rttnews.com

Deutsche Bank Said U.S. Banks Stocks Not As Cheap As They Look (BAC – StreetInsider.com
Deutsche Bank issued a report today suggesting U.S. Bank stock are not as cheap as they look, following the recent dilution. The firm noted that banks that they cover have issued about $38 billion of common equity through common issuance and
Source: www.streetinsider.com

Lippert/Heilshorn & Associates, Inc. Hosts Investor Forum – Earthtimes
NEW YORK – (Business Wire) Lippert/Heilshorn & Associates, Inc. (LHA, www.lhai.com ), a leading independent investor relations firm, is hosting an Investor Forum on Wednesday, May 27, 2009 beginning at 9:00 a.m. EDT. The Forum will feature
Source: www.earthtimes.org

Turkey Hosts Third ITM – Textile World
I TM 2009, Turkey’s International Textile Machinery Exhibition, will return to the T yap Fair Convention and Congress Center in Istanbul, Turkey, June 6-10. This is the third edition of the show, held previously in 2004 and 2006 on a biennial cycle
Source: www.textileworld.com

National Solo Returns to Farmington – The Auto Chanel
FARMINGTON, May 26, 2009: The fourth stop on the Tire Rack Solo National Tour rolled into McGee Park on May 16 17. It was the first time a National Solo event had been held at the gorgeous fairgrounds in Farmington, N.M., since a ProSolo event
Source: www.theautochannel.com

SunTrust Banks, Inc. – Birmingham Business Journal
SunTrust Banks, Inc. is one of the nation s largest and strongest financial holding companies. Through its banking subsidiaries, the company provides deposit, credit, trust, and investment services to a broad range of retail, business, and
Source: www.bizjournals.com

Disruption to STI – Straits Times
Singapore Exchange Ltd said the level on the Straits Times Index was not updating and that it had raised the matter with FTSE Group, the index provider, reported Bloomberg News on Monday. FTSE said real-time indexes had been affected by a ‘disruption
Source: www.straitstimes.com

Singapore Market May Shake Off Decline – RTT News
(RTTNews) – The Singapore stock market on Tuesday wrote a finish to the modest two-day winning streak in which it had collected more than 55 points or 3 percent along the way. The Straits Times Index slid below support at 2,240 points, although
Source: www.rttnews.com

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SGX Watch: – Stein Mart, Inc. – Birmingham Business Journal

May 25th, 2009

Trade Alerts on Stocks in the Spotlight: BKS, HRL, PDCO, DUK, SMRT – Earthtimes
DALLAS , May 21 — BeaconEquity.com announces availability of stock alerts on companies making ground in today’s market, issuing quarterly results, business updates and more. Investors can view all of the daily stock alerts for free by visiting
Source: www.earthtimes.org

Backup system to minimise disruption to Circle Line train services – Channel NewsAsia
Singapore : There is another week to go before the first five stations on the Circle Line begin operations. When the line is completed by 2010, it will be the longest, fully automated driverless rail service. Kim Chuan Depot is the nerve centre of
Source: www.channelnewsasia.com

EXM, ALKS, NM, ARUN, SMRT and SKIL Expected To Be Lower After Earnings – TMCnet
(M2 PressWIRE Via Acquire Media NewsEdge) BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Thursday, May 21st and determining how the stocks have performed after their last 12 quarterly, 6
Source: www.tmcnet.com

Small Cap Network Issues Analysis of OPEN, DDUP, SMRT, TSRA – Transworld News
The Small Cap Network (smallcapnetwork.com), a leading online investment community focused on small cap stocks, has issued an analysis of Thursday’s biggest winners from the small cap universe, including OpenTable, Inc. (OPEN), Data Domain, Inc
Source: www.transworldnews.com

COMPLIANCE: HUSKIES SHORT ON WATCHDOGS – FOXSports.com
UConn has only two full-time employees in its compliance office. That’s four fewer compliance employees than the school has equipment managers, even though the compliance office is responsible for ensuring that the 62 coaches within the department
Source: msn.foxsports.com

Unusual 11 Mid-Day Movers 5/21: SMRT, OPEN, DDUP, BPI Higher; ZZ, NWY – StreetInsider.com
Stein Mart (Nasdaq: SMRT ) 43.7% HIGHER; reports Q1 EPS of $0.38, 22 cents better than the analyst estimate of $0.16. Revenue for the quarter was $319.6 million, versus the consensus of $315.9 million. Reports Q1 SSS down 8%. OpenTable (Nasdaq: OPEN
Source: www.streetinsider.com

Stock Alerts on Stocks in the Spotlight: BKS, HRL, PDCO, DUK, SMRT – Transworld News
Barnes & Noble, Inc. (Barnes & Noble) shares climbed 1.26% at noon today, trading at $24.19. The New York-based bookseller recently announced its sales fell slightly less than expected in the first quarter ended May 2. Sales declined 4% to $1.11
Source: www.transworldnews.com

Stein Mart Q1 profit surges – Update – RTT News
(RTTNews) – Fashion merchandiser Stein Mart, Inc. (SMRT: News ) reported Thursday a sharp rise in first-quarter profit, despite a 9.2% decline in sales. David Stovall, Jr., chief executive said, “Despite a very difficult sales environment, first
Source: www.rttnews.com

Stein Mart Inc. Has Risen To A New High After Q1 Report – RTT News
5/21/2009 9:38:06 AM(RTTNews) Stein Mart Inc. (SMRT) reported first quarter EPS of $0.38 Thursday morning, up from the $0.17 posted last year. The consensus estimate was for EPS of $0.16. Stein Mart Inc. gapped up sharply Thursday and is now trading
Source: www.rttnews.com

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SGX Watch: – Globe to offer iPhones this year – Malaya – Online Edition

May 23rd, 2009

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SGX Watch: – TSI to publish iron ore reference prices daily – Commodity Online

May 22nd, 2009

STATS ChipPAC Delivers Low Cost Flip Chip Technology – TMCnet
(Market Wire Via Acquire Media NewsEdge) Singapore — 05/19/09, UNITED STATES — (MARKET WIRE) — 05/18/09 — STATS ChipPAC Ltd. (”STATS ChipPAC” or the “Company”) (SGX-ST: STATSChP) today announced a new flip chip technology that offers a
Source: www.tmcnet.com

India s Nifty Futures Gain a Second Day in Singapore on Poll – Bloomberg
May 19 (Bloomberg) — India s stock index futures climbed 6 percent in Singapore, extending record gains yesterday on speculation the ruling party s election victory will advance reforms to boost economic growth. The SGX CNX Nifty Index futures
Source: www.bloomberg.com

Flat start likely; inflation eyed – Economic Times
MUMBAI: The euphoria on Dalal Street continues unabated especially in the broader market offsetting the losses in the frontline stocks and the weakness in overseas markets. A flat opening is likely based on the sideways move on the SGX Nifty after
Source: economictimes.indiatimes.com

STATS ChipPAC Delivers Low Cost Flip Chip Technology Routing Efficient – PR Inside
(”STATS ChipPAC” or the “Company”) (SGX-ST: STATSChP) today announced a new flip chip technology that offers a significant cost savings over standard flip chip packages with price points well below wire bond packages. STATS ChipPAC’s low cost flip
Source: www.pr-inside.com

CREATIVE TECHNOLOGY LTD terminates SEC registration and reporting – WebWire
Singapore .- Creative Technology Ltd ( Creative ) wishes to announce that pursuant to its filing of a Form 15F with the United States Securities and Exchange Commission on 12 February 2009 to voluntarily terminate the registration of its Ordinary
Source: www.webwire.com

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SGX Watch: – Ministries to work together – New Straits Times

May 21st, 2009

Malaysia Shares May Snap Skid – RTT News
(RTTNews) – The Malaysian stock market has finished lower now in back-to-back sessions but given up less than 5 points or half a percent in that span. The Kuala Lumpur Composite Index remains just below the 1,015-point plateau, but analysts are
Source: www.rttnews.com

SE Asia Stocks-S’pore, Indonesia, Thailand turn round, end up – Reuters
BANGKOK, May 18 (Reuters) – Singapore shares rose more than 1 percent on Monday, staging a late rebound like other major Southeast Asian markets, with Singapore Telecommunications, Thailand’s Esso and Indonesia’s Bank Rakyat leading the way
Source: www.reuters.com

Genting Units Buy $100 Million MGM Mirage Bonds – CNN Money
In separate filings to the stock exchange, Genting said its unit Resorts World Bhd . (4715.KU) subscribed for $50 million of MGM notes and another unit Genting Overseas Holdings took on the same amount. The notes will be secured against high-quality
Source: money.cnn.com

Genting, Malaysian Pacific cut to ’sell’ – Business Times Malaysia
Genting Bhd, Asia s largest listed casino operator, and Malaysian Pacific Industries Bhd, Malaysia s biggest semiconductor assembler, were cut to sell at Maybank Investment Bank Bhd. Genting was lowered from hold and Malaysian Pacific
Source: www.btimes.com.my

No whale sharks at IR – Straits Times
The whale sharks had been touted as a star attraction for the 8ha oceanarium, the world’s largest, when Genting International’s RWS won its bid for the Sentosa integrated resort (IR) three years ago. — PHOTO: GENTING INTERNATIONAL RESORTS World at
Source: www.straitstimes.com

Hisham: Meet panel and move on – New Straits Times
GENTING HIGHLANDS: Home Minister Datuk Seri Hishammuddin Hussein dismissed allegations by former ISA detainee P. Uthayakumar that his freedom could be shortlived as he was served a notice to appear before the detention camp’s advisory panel
Source: www.nst.com.my

First Jatropha Genome Completed by Synthetic Genomics Inc. and Asiatic – PR Newswire
LA JOLLA, Calif. and KUALA LUMPUR, Malaysia, May 20 /PRNewswire/ — Synthetic Genomics Inc. (SGI), a privately held company applying genomic-driven commercial solutions to address global issues, and Asiatic Centre for Genome Technology (ACGT), a
Source: sev.prnewswire.com

GentingAffiliates.com announces a lucrative affiliate promotion for – Transworld News
Affiliates in Genting Stanley s Circus Casino affiliate program will be able to earn up to 150 in sign-up bonuses for May 2009. Part of the Income Access affiliate network, the program already offers affiliates a revenue share of up to 45
Source: www.transworldnews.com

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SGX Watch: – High Growth Forecasted for the Reportlinker Adds in Vitro Diagnostics – Businesswire.com

May 20th, 2009

Fabrizio Leads Day One In Kyalami – Cycle News
For the second race in a row, Ducati Xerox’s Michel Fabrizio ended the first day of practice and qualifying for World Superbike with the fastest times. Now we’ll have to wait and see if he can do it again tomorrow when it really counts, or if someone
Source: www.cyclenews.com

A class all by himself: Shanks sole member of NCS class of 2009 – Neosho Daily News
Years down the line, Taylor J. Shanks will always be known as the 2009 valedictorian of the Neosho Christian Schools. Family, friends and the staff praised Taylor Thursday at the school, as he was the sole graduate of the class. We have gathered
Source: www.neoshodailynews.com

Juno winner sings a practical tune – Globe and Mail
She dumped a high-paying job in the financial sector to pursue her true passion music. The gamble paid off. It didn’t take long for Indo-Canadian singer Kiran Ahluwalia to win her first Juno award the 2004 Best World Music Album for Beyond
Source: www.theglobeandmail.com

Common ground on the topic of abortion is unlikely to ever be found – Ann Arbor News Blog
President Obama’s speech at the University of Notre Dame on Friday was preceded by weeks of controversy. The pro-choice president speaking at the Catholic university was met with protest. Some pushed to have his speech cancelled. Some threatened to
Source: blog.mlive.com

Global Media Face Off tackles 2010 and global recession – e-Travel Blackboard
SOUTH AFRICA is a nation getting its act together and the success of the 2010 FIFA World Cup is assured. What, however, will the legacy for the industry be post 2010 when the dust has settled and the hundreds of thousands of fans have left to go home
Source: www.etravelblackboard.com

Squash: Revived Open targets world’s best – New Zealand Herald
World class women’s squash will return to New Zealand in August with one of the richest tournaments of the international calendar. The New Zealand Open, last staged in 1996, will be held at Mt Maunganui from August 11-16 and with a US$55,500 ($92,000
Source: www.nzherald.co.nz

Record-setting swimsuits fail to win FINA’s approval – Yahoo News
PARIS (AFP) World swimming’s ruling body FINA on Tuesday refused to give approval to 10 swimsuits, including some of those made from polyurethane and which were used, controversially, to set new world records. The use of swimsuits in recent years
Source: news.yahoo.com

Mexico’s pork demand needs six months to recover: minister – Xinhua News Agency
MEXICO CITY, May 14 (Xinhua) — Mexico’s pork demand and prices will probably need six months to recover from the 70 percent collapse seen in recent weeks due to A/H1N1 flu, Mexico’s Agriculture Minister Alberto Cardenas Jimenez said Thursday. He
Source: news.xinhuanet.com

X-Glide and Jaked 01 swimsuits rejected after FINA review – The Australian
WORLD swimming’s governing body FINA has rejected 10 swimsuits, including some of those made from polyurethane and which were used to set new world records last month. The use of swimsuits in recent years has caused huge controversy in the sport
Source: www.theaustralian.news.com.au

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SGX Watch: – Singapore’s Neptune Orient Lines posts hefty loss for first quarter – Earthtimes

May 14th, 2009

New Homebuilders Group Eyes Tax Break – Roll Call Online
May 13, 2009, 12 a.m. A breakaway group of homebuilders is mounting its own lobbying campaign and working around the powerful National Association of Home Builders to secure passage of a tax provision that would help its members write off
Source: www.rollcall.com

Singapore’s NOL says Q1 net loss $245 mln – Reuters
Singapore, May 12 (Reuters) – Singapore container shipper Neptune Orient Lines ( NEPS.SI ) reported on Tuesday a worse-than-expected loss in the first quarter following a slump in cargo volumes due to the global economic downturn. NOL, two thirds
Source: www.reuters.com

Singapore Hot Stocks- Wilmar, NOL in focus on earnings – Reuters
Singapore, May 13 (Reuters) – Wilmar International ( WLIL.SI ), the world’s largest palm oil firm, may be in focus on Wednesday after its first quarter net profit rose 11 percent and it said it may list its China operations. The Dow rose on Tuesday
Source: www.reuters.com

Courthouse records – Worcester Telegram & Gazette
Eraldi E. Velko, 22, of 3 Copley Road, Worcester, charged with breaking and entering into a vehicle or boat in the nighttime with intent to commit a felony, amended from breaking and entering in the nighttime with intent to commit a felony, continued
Source: www.telegram.com

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SGX Watch: – Singapore’s NOL says Q1 net loss $245 mln – Reuters

May 13th, 2009

New Homebuilders Group Eyes Tax Break – Roll Call Online
May 13, 2009, 12 a.m. A breakaway group of homebuilders is mounting its own lobbying campaign and working around the powerful National Association of Home Builders to secure passage of a tax provision that would help its members write off
Source: www.rollcall.com

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SGX Watch: – Consolidated Summary Of April Retail Sales Results – CNN Money

May 12th, 2009

Nakheel mulls parking charges to boost monorail use – ArabianBusiness.com
ON TRACK: The Palm Monorail is now open for the public to use. Introducing car parking charging is one of a number of options being considered to encourage people to use its newly opened $436m Palm Monorail public transportation system on Palm
Source: www.arabianbusiness.com

Nice and Easy, but Fares Not So Fair – Khaleej Times
DUBAI Commuters taking a ride on the swanky Palm Monorail, which started its operations on April 30, will have to pay Dh15 for a trip between the Gateway Station and the Atlantis Aquaventure Station and Dh25 for a single round trip. Nearly 600
Source: www.khaleejtimes.com

HIGH LIFE – Electric New Paper
The best thing is to catch the races at Kranji. If you can’t, you can catch the two races ‘live’ on StarHub Cable TV, SuperSports Channel 22 from 7.20pm, and Channel NewsAsia from 7.30pm, as some of the world’s champion thoroughbreds and world
Source: newpaper.asia1.com.sg

SMRT’s train frequency to be reduced if flu alert hits red – Channel NewsAsia
Singapore: SMRT said train frequency will be reduced by 30 per cent once Singapore’s pandemic alert level hits red. This is because its service staff are divided into two teams to prevent the potential spread of the H1N1 virus. SMRT has increased its
Source: www.channelnewsasia.com

1Q sales dip 9.2% for Stein Mart – Jacksonville Business Journal
First quarter sales for Stein Mart Inc. fell 9.2 percent to $319.6 million, and April sales fell 14.6 percent. Comparable store sales were down 8 percent for the quarter and down 12.3 percent for the quarter. Despite the continuing decline in sales
Source: jacksonville.bizjournals.com

Palm Monorail safety certificate issued – ArabianBusiness.com
SAFETY CHECK: The new Palm Monorail has received a safety certificate from the RTA. Safety checks to ensure smooth running of the Palm Jumeirah Monorail in Dubai have been completed, the Roads and Transport Authority said on Monday. The RTA issued a
Source: www.arabianbusiness.com

Buses, trains lower precautions – Straits Times
BUS captains will longer need to have their temperature taken before starting their shift now that Singapore is lowering its alert level from orange to yellow. SBS Transit, which runs most of the buses here, however said that it will still continue
Source: www.straitstimes.com

Franklin County Speedway Next Stop on Southern Modified Tour – Who Won
KING, N.C. — When the American Speed Association (ASA) Southern Modified Race Tour (SMRT) presented by Carolina Carports Racing rolls into Franklin County Speedway in Callaway, VA next Saturday afternoon, they will notice some changes but most
Source: www.whowon.com

Diary of a manhunt – Electric New Paper
A 58-year-old man made a prank call to the police claiming to be fugitive Mas Selamat. Within minutes, the police traced the call to a public telephone at Block 10, Haig Road, and arrested the man. 29 Feb, 2008: Sighting at cemetery A petrol station
Source: newpaper.asia1.com.sg

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