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Business 24 Jul 2013 | 7:20 AM

S&P 500 Dips And Dow Gains On UTX; Apple Up Late

NEW YORK: The S&P 500 snapped a four-day winning streak on Tuesday and pulled back from Monday's record closing high, while healthy earnings from United Technologies gave the Dow a slight lift.

Business 22 Feb 2007 | 12:00 AM

Tech sector to play catch up?

THE price performance of the technology sector has been disappointing thus far despite the bull run in the local bourse. For now, interest in the new i-Phone and the surge in PC sales may see another round of sentiment hikes for tech stocks.

Business 16 Jun 2006 | 12:00 AM

Philips making US$1.3bil cash purchase of Intermagnetics

Dutch electrical appliances maker Philips NV has agreed to buy Intermagnetics, a maker of magnets and imaging tools for hospital imaging equipment, for US$1.3bil cash or US$27.50 a share.