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PETALING JAYA: With Axiata Group Bhd set to release its first quarter results to March 31, 2012 today, analysts are expecting flattish growth due to the depreciation of currencies in the countries that it operates, but supported by a rebound in its operational efficiencies. There are no dividends expected as Axiata usually declares them semi-annually.
CHICAGO: Wal-Mart Stores Inc’s profit and sales surpassed expectations as more people shopped at its established US stores and spent more, pushing shares up more than 4% despite ongoing internal and government probes into possible bribery.
SAN FRANCISCO (Reuters) - The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's skyhigh valuation combined with trading glitches left the stock languishing near its offering price at the market close.
KUCHING: Yung Kong Galvanising Industries Bhd will produce high-end steel products when its RM30mil continuous colour-coating plant in Selangor begins operations in October.
RIDING on a strong net cash of RM142.56mil, Penang-based mainboard printed circuit board (PCB) manufacturer GUH Holdings Bhd has initiated a business action plan that will enable its non-electronic business divisions to contribute more substantially to the group’s revenue over the next five years.
SHELL Lubricants, a division of Shell Malaysia Trading Sdn Bhd, will bank on The Star’s new augmented reality feature, iSnap, as a platform to enhance the presence of its Shell Helix motor oil in the lubricant market and forge close interaction with customers.