SGX Watch

SGX Watch: – NOL sale to German group in the works, says FT report

Singapore shares higher on Wall Street rise, NOL extends gains
CNBC – Singapore (Thomson Financial) – Singapore shares rose early Tuesday as Wall Street’s gains overnight encouraged investors to hunt for bargains but persistent concerns about the health of the US economy capped the market’s advance. At 10.05 am (0205
Source: www.cnbc.com

Singapore Stocks May Snap Skid []
RTT News – NOL owns the world’s eighth-largest container shipping firm APL. Also, Indian developer DLF Ltd. intends to list a $1.5 billion property trust in Singapore and expects the IPO to be launched in the second quarter of this year, the company said
Source: www.rttnews.com

Can Delta Hang On to a $9 Billion Tax Credit?
CFO.com – Perhaps less well-known is the effect such a deal can have on the net operating losses (NOL) accumulated by each of the carriers. The significance of generating an NOL is that it allows companies to take tax deductions to offset future income or
Source: www.cfo.com

TFN NEWS BRIEFING: Mergers and acquisitions highlights to 09:20 GMT
CNBC – 2008-03-05 00:41:28 Merger talks between Singapore’s NOL and Germany’s TUI stall – report Singapore (Thomson Financial) – Talks about merging Singapore container shipping line Neptune Orient Lines Ltd (NOL) with Germany’s TUI AG, which owns Hapag
Source: www.cnbc.com

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