Sembcorp Marine Gets US$4.03 Billion Sete Brasil Order
Sembcorp Marine Ltd. (S51.SG) said Wednesday it has secured a contract to build five drillships valued at US$4.03 billion for Sete Brasil Participacoes SA, a day after its rival Keppel Corp. Ltd. (BN4.SG) announced a similar contract from the same customer.
Australian Stocks Reach Fresh Multi-month High
Australian stocks hit a fresh multi-month high early Wednesday, with the S&P/ASX 200 index up 0.3% at 4,303.70.
Japan Stocks Gain, With Exporters Tracking Higher
Japanese stocks rallied out of the open Wednesday, aiming at a third straight day of gains, as exporter shares headed higher after U.S. gains overnight.
Japan's Current-account Surplus Widens In June
Japan's current account clocked a surplus of 433.3 billion yen ($5.5 billion) in June, the Ministry of Finance reported Wednesday, bouncing back after the surplus shrank to a less-than-expected �215.1 billion in May.
Chevron Refinery Fire Out, Markets Brace for Impact
A large fire at Chevron Corp.'s (CVX) Richmond, Calif., refinery has been extinguished, even as traders, bracing for a lengthy outage, were bidding up regional fuel prices.
Stockland Fiscal Year Statutory Profit A$487 Million, Down 35%
Australian property development company Stockland (SGP.AU) Wednesday reported fiscal 2012 net profit fell 35% on the year, and warned that earnings per share in fiscal 2013 could be lower than fiscal 2012.
Sembcorp Marine Secures US$4.0 Billion Of Drillship Contracts From Sete Brasil
Sembcorp Marine Ltd. (S51.SG) on Wednesday said it has secured US$4.03 billion worth of drillship contracts from Sete Brasil Participacoes SA.
Brazil's TIM Denies Deliberately Cutting Off Mobile Calls
Just days after a completing a near-nationwide ban for poor customer care, Brazilian mobile-phone company TIM Participacoes SA (TSU, TIMP3.BR) is embroiled in another dispute over quality of service.
Chevron: One Crude Unit Down Temporarily After Calif. Blaze
Chevron Corp. (CVX) spokesman Brent Tippen said one crude distillation unit at its Richmond, Calif., refinery is down "temporarily" following a fire Monday night, but other parts of the refinery are still operating.
Express Scripts Earnings Down on Costs, But Outlook Up
Express Scripts Holding Co.'s (ESRX) second-quarter earnings fell 49% as the pharmacy-benefit manager absorbed acquisition costs, but results topped Wall Street expectations and helped fuel a stronger forecast for the full year.