August 30, 2013 1:17 AM
LOWER recognition of revenue on Goodwood Residence condominium and higher costs have nearly halved GuocoLand's fourth-quarter net earnings to $32.2 million from $63 million previously.
In a report published Tuesday, J.P. Morgan analyst John Ivankoe downgraded Brinker (NYSE: EAT) from Overweight to Neutral, but raised the price target from $42.00 to $45.00.
In the report, J.P. Morgan noted, “The company has a stated goal...
October 13, 2012 12:44 AM
PROPERTY developer GuocoLand has returned to black in the first quarter. In the three months to Sept 30, the group made a net profit of $9 million compared to a loss of $12.8 million in the previous corresponding period.
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