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April 8, 2008 |
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ABC LEARNING: Closer to Selling U.S. Assets, Report Says ABC Learning Centres Ltd. may finalize a deal with Morgan Stanley on the sale of its U.S. assets by the end of this year, a person familiar with the situation told Dow Jones Newswires, relates The Australian... Read More |
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BENDIGO & ADELAIDE: Moody's Rates Bank Financial Strength at C Moody's Investors Service has assigned A2/Prime-1 deposit and debt ratings to Bendigo and Adelaide Bank Limited, and a bank financial strength rating of C. The outlook for all the ratings is stable... Read More |
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HYUNDAI MOTOR: Business Conditions for U.S. Market "Difficult" Kim Jong-eun, chief executive of Hyundai Motor America, said the business conditions for its key American market are "difficult" amid high-flying oil prices and ongoing financial turbulence, Antara News reports... Read More |
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IPVG CORP: Turns Around With Consolidated Net Income of PHP159MM IPVG Corp. posted its consolidated Group Revenues of PHP923 million in 2007, an increase of 233% from PHP277 million in 2006, an emphatic turn-around story for the information technology company. Net Revenues or Group Revenues less Distributors margin... Read More |
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LIPPO KARAWACI: Won't Pay FY-2007 Dividend PT Lippo Karawaci Tbk has decided not to pay fiscal year 2007 dividend amid posting of profits, Reuters reports... Read More |
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MEDCO ENERGI: 2007 Net Profit Drops 82.9% to US$6.5 Million PT Medco Energi Internasional Tbk's 2007 net profit plunged 82.9% to US$6.5 million from US$38.1 million in 2006 despite a 23.9% increase in its income to US$981.9 million, Antara News reports... Read More |
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TATA MOTORS: S&P Lowers Corporate Credit Ratings to 'BB' Standard & Poor's Ratings Services lowered its corporate credit ratings on India's Tata Motors Ltd. to 'BB' from 'BB+'. At the same time, Standard & Poor's lowered to 'BB' from 'BB+' the ratings on all Tata Motors' rated debt. These ratings remain on... Read More |
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TELKOM INDONESIA: Opens Up Domestic Long Distance Call Service PT Telekomunikasi Indonesia Tbk has opened up its domestic long distance call service to its rival PT Indosat Tbk starting April 4, Antara News reports citing Gatot Dewa Broto, chief of communications at the ministry's post and telecommunications directorate... Read More |
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Today's Top Stories have been selected from the Troubled Company Reporter - Asia Pacific. To receive the Full TCR-AP please CLICK HERE.
