News: Genting Singapore PLC (GENS.SI)
6 Dec 2013
Mon, Dec 2 2013
SINGAPORE, Dec 2 - Casino operator Genting Singapore Plc rose to a near one-month high after CIMB upgraded its rating on the stock, citing expectations of a recovery in the high-rollers' business in the coming quarters, while Singapore's benchmark index moved very little.
SINGAPORE, Nov 4 - Genting Singapore PLC said its core earnings in the third quarter rose 20 percent from a year earlier, as both gaming and non-gaming businesses improved.
Singapore shares fell on Wednesday, but Genting Singapore Plc outperformed the market on hopes that the casino operator will benefit from an improving economic outlook in China, traders said.
SINGAPORE, Aug 6 - Genting Singapore Ltd reported a 5 percent rise in second-quarter core earnings, but the numbers came below market expectations and the company said its casino business was affected by a lower win percentage in the premium players' business.