Shares in property developer Sansiri Pcl fell 0.96
percent to 2.06 baht, after its first quarter earnings declined
68 percent to 1.96 billion baht ($ 62.58 million) from the
previous quarter.
Reuters: Hot Stocks
STOCKS NEWS THAILAND-Sansiri down after quarterly loss
Samsung loses $10 billion market value on Apple order report
SEOUL – Shares in Samsung Electronics Co slumped more than 6 percent on Wednesday, wiping $ 10 billion off the electronics giant’s market value, on a report that Apple placed huge chip…
Reuters: Global Markets
Shares cut gains after ECB funding news
NEW YORK – Stocks sharply cut gains on Tuesday after news the European Central Bank stopped monetary policy operations to some Greek bank because recapitalization was not in place, central bank sources told Reuters.
Reuters: Business News
STOCKS NEWS THAILAND-CIMB downgrades Asian Property to neutral
CIMB Research downgraded Asian Property Development Pcl
to neutral from outperform, seeing a weak profit outlook
for the housing developer. It maintained its stock target price
of 6.48 baht ($ 0.21).
Reuters: Hot Stocks
Facebook expands IPO size, aims for $15 billion: source
SAN FRANCISCO – Facebook Inc is increasing the size of its IPO by 85 million shares to about 422 million, a source familiar with the matter told Reuters, raising more than $ 15 billion in Silicon Valley’s largest market debut.
Reuters: Business News
FBI launches JPMorgan probe, shareholders back Dimon
TAMPA, Florida – The FBI has opened an inquiry into the multibillion-dollar trading losses at JPMorgan Chase, stepping up pressure on the bank after key U.S. agencies said they were looking…
Reuters: Global Markets