Singapore: As part of SMRT’s 20th anniversary celebrations, SMRT taxi drivers will be given S$2,800 cash payouts over a period of 18 months.

SMRT reports 35% jump in Q3 profit to S$40.4m 
Transport operator SMRT Corp says its third quarter profit rose 35 percent on-year to S$40.4 million. Much of that is due to revenue growth from rental and advertising, as well as increased ridership on its trains, buses and taxis.

Stein Mart, Inc. Reports January, 4th Quarter and FY 2006 Sales 
Stein Mart, Inc. today reported total sales for the five weeks ended February 3, 2007 of $100.1 million, an increase of 24.8 percent from the $80.2 million reported for the four weeks ended January 28, 2006.

U.S. stocks lower after HSBC warning 
NEW YORK — U.S. stocks were lower on Thursday, after a warning from HSBC Holdings on the U.S. sub-prime lending market put pressure on financial shares, while January same-store sales failed to lift overall sentiment.

Taxi firm ComfortDelGro predicts lower 2007 fuel bill 
Singapore, Feb 13 (Reuters) – ComfortDelGro, the world’s second-largest land transport firm by fleet, beat expectations with a 21 percent rise in 2006 profit due to a one-off gain, and said fuel costs would be less of a burden this year than last.

Baker to replace Glass as First Horizon CEO 
First Horizon National Corp. chairman and CEO J. Kenneth Glass is retiring effective April 17.

BASKETBALL, BOWLING RESULTS 
Barstow : Ross 4, Knapp 3, Niehart 0, Wacknov 6, Jarvis 0, Rudman 0, Ricketts 20, Dusselier 0, Fox 13, Williams 6. Totals 21 8-10 52.

MRT services halted briefly after woman’s leg trapped in gap 
MRT train services halted briefly after woman’s leg trapped in gap between train and platform

U.S. stocks close lower on HSBC warning 
NEW YORK — U.S. stocks closed lower on Thursday, even as late gains in technology and energy contained losses for the broad market, after HSBC Holdings, the world’s third largest bank, warned that bad debts were on the rise in the U.S.

PR Newswire Issues January 2007 ‘Retail Review & Comparison’ 
A compilation of sales figures from leading U.S. retailers, PR Newswire’s “Retail Review & Comparison” provides a company-by-company analysis of monthly and year-to-date retail results.

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