Leadership
Keppel’s Q1 revenue down 6.3% to S$1.5 billion; net profit up with exclusion of legacy O&M assets
KEPPEL reported a 6.3 per cent fall in revenue to S$1.5 billion for the first quarter ended Mar 31, compared to S$1.6 billion in the previous corresponding period.Net profit...
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife
THE following companies saw new developments that may affect trading of their securities on Thursday (Apr 25):
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
SUNTEC Real Estate Investment Trust’s (Suntec Reit) distribution per unit (DPU) for the first quarter ended March declined 13 per cent year on year to S$0.01511, in the absence...
WhirlPool is cutting 1,000 jobs as US appliance demand remains stagnant
WHIRLPOOL, the owner of the Maytag and Amana appliance brands, is cutting about 1,000 salaried positions worldwide to reduce costs as slow US home sales limit demand. The company...
IBM falls on weak consulting sales, overshadowing HashiCorp deal
INTERNATIONAL Business Machines (IBM) dropped about 9 per cent in extended trading after the company’s weak consulting unit sales disappointed investors, overshadowing its acquisition of software firm HashiCorp.First-quarter sales...
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
EUROPE’S benchmark stock index dropped on Wednesday (Apr 24) as financials sagged on disappointing earnings from Swedish lender Handelsbanken, while technology stocks limited losses after ASM International’s strong forecast.The...
Maritime players benefit from tight supply and strong demand for vessels
THE rising tide of strong demand for vessels in the oil and gas sector, amid tepid supply, has lifted Singapore-listed maritime players.According to Maybank analyst Jarick Seet, the tight...
Top-tier maritime players to boost sales, margins on oil rebound and tight vessel supply
THE rising tide of strong demand for vessels in the oil and gas sector, amid tepid supply, has lifted Singapore-listed maritime players.According to Maybank analyst Jarick Seet, the tight...
