Apple Inc (NASDAQ AAPL)’s anticipated 27 inch iMac with Retina Display is set to launch during media event in October. Jack March, citing an unnamed source, claimed the larger iMac would receive the upgrade. The larger iMac computer will feature a 5K screen resolution with 5,120 by 2,880. This is double the current resolution of…
Santos’s second-quarter production rose 2% to 12.4 million barrels of oil equivalent (mmboe), marginally below expectations, and full-year 2013 production guidance has been reduced by 3% to between 52 and 55 mmboe. The decline reflects deferred oil and gas production from Chim Sao in Vietnam due to power system constraints, steeper than- expected natural field…
When discussing the topic of climate change, it’s not uncommon to hear that most of the problematic emissions come from certain industries, governments or businesses. As much as the individual might want to change their lifestyle to lessen their negative impact on the environment, there might not be much that they can contribute in comparison…
PetroChina reported third-quarter results that included decreasing refining losses, which we attribute to China’s adjusted refined product pricing mechanism. Exploration and production operating profit for the quarter was roughly even with the same period last year, but broke a sequential downtrend in 2013 over the first six months of this year. On the whole, PetroChina’s…
Informatica reported solid first-quarter results with revenue growth slightly exceeding expectations, as increased hiring and investment weighed on margins. The firm grew revenue 9.3% from the year-ago period to $214.3 million, 5% ahead of our model. Informatica changed the way it reports revenues by giving more details, which we find helpful. Service revenue was strong,…
China Unicom reported nine-month results that continue to show strong revenue growth, but at the expense of margins. We think this strategy makes sense while China Mobile remains tied to its 3G TD-SCDMA network. However, with 4G likely coming in the next few months, this strategy may not continue to work. For now, though, we…
