Hold
FedEx plans US$5 billion buyback as CEO’s overhaul takes hold
FEDEX plans to buy back US$5 billion of its shares as cost-cutting efforts have helped boost the courier’s profits. Adjusted earnings were US$3.86 a share for the period ending...
Bank of England to hold rate despite slowing inflation
THE Bank of England (BOE) is widely expected to keep its main interest rate at a 16-year high on Thursday (Mar 21), rejecting a cut as inflation remains well...
China banks hold lending rates as PBOC refrains from easing
CHINESE banks maintained their benchmark lending rates following the central bank’s recent decision to stand pat on monetary policy. The one-year loan prime rate (LPR) was held at 3.45...
Brokers’ take: CGS upgrades ISDN to ‘hold’ on demand rebound expectations
CGS International Securities has upgraded its rating on ISDN to “hold” from “reduce”, given a cautiously optimistic outlook for demand recovery in key markets, while lowering its target to...
No Signboard to hold dialogue session with Sias on Mar 13
RESTAURANT operator No Signboard Holdings will be having a dialogue session for shareholders with the Securities Investors Association (Singapore) or Sias on Wednesday (Mar 13). The in-person session will...
ECB keeps rates on hold but acknowledges some inflation cooling
THE European Central Bank kept borrowing costs at record highs on Thursday (Mar 7) but took a first, small step towards lowering them, saying inflation was easing faster than...
China exchanges hold compliance training session for quant funds
CHINA’S stock exchanges have held a compliance training session for quant hedge fund companies to prevent trading risks, the Shenzhen exchange said on Monday (Mar 4). Managers from 28...
Brokers’ take: Maybank downgrades PropNex to ‘hold’, sees limited upside as property deals slow
MAYBANK downgraded PropNex to “hold” from “buy” and lowered its target price by 18.3 per cent to S$0.94 from S$1.15, as it sees limited upside on the stock. The...
