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Strong demand for cell-phones lifts Motorola Q4 earnings
Motorola Inc's fourth-quarter earnings shot up 86% on the strength of demand for its mobile phones such as the popular I>Razr/I>, but shares fell after the company's sales and outlook disappointed Wall Street.
Late buying lifts Ranhill to 5-month high
A SURGE of late buying orders yesterday lifted Ranhill Bhd shares to their highest level in almost five months, dealers said.
Privatisation news lifts Amcorp stock
HEAVY investor interest in AmcorpGroup Bhd on Tuesday's news of its founder and executive chairman Tan Sri Azman Hashim's plan to privatise the company in a RM920mil corporate exercise caused the company's share prices to surge.
Palette picked for Jaya33 job
Jaya33 Sdn Bhd has appointed Mesdaq-listed Palette Multimedia Bhd to design and build a wireless, fibre optic and high-speed networking backbone for its hyper office, Jaya33, in Petaling Jaya.
News of capital outflow slowing lifts 3-year bonds
Malaysia's three-year bonds rose after a Bank Negara report suggested capital outflows slowed this month, easing concern over investors pulling out from the market.
Russian crane deal for Muhibbah unit
MUHIBBAH Engineering (M) Bhd's crane manufacturing unit, Favelle Favco Bhd (FFB), has struck a deal with Russia's largest elevator maker to supply lifting equipment worth US$25mil.
Petrofac contract lifts MISC shares
MISC Bhd shares rose marginally yesterday after the country's biggest shipping company said it has received a US$19.7mil contract from Petrofac (Malaysia-PM304) Ltd.
Parkson adds strength to Lion Diversified
Lion Diversified, a normally low profile main board board company, has of late captured media attention.
European stocks end higher
LONDON: Deal speculation, a strengthening dollar and weaker oil prices lifted European markets on Monday.
Bullish CPO price lifts plantation stocks
A steady uptrend in crude palm oil (CPO) prices from last month has lifted sentiment on plantation stocks. Also, there are hopes that palm oil-based biodiesel - new demand in the making - will support CPO prices at a high level in the future.
