Publishing

SINGAPORE (Dec 5): UOB Kay Hian is maintaining its “sell” call on Singapore Press Holdings (SPH) while raising its target price on the stock to $2.42 from $2.38 previously to incorporate MindChamps into its valuations.

SINGAPORE (Sept 21): OCBC Investment Research is upgrading its call on Singapore Press Holdings (SPH) to “buy” from “hold” previously on valuation grounds, with an unchanged fair value estimate of $3.25.

HONG KONG (July 4): China Literature, a Tencent Holdings unit and the country's largest online publishing and e-book company, has filed for a Hong Kong initial public offering that is expected to raise as much as US$800 million ($1.1 billion).

NEW YORK (April 4): Warren Buffett’s Berkshire Hathaway Inc. eliminated 289 jobs at its newspapers amid a decline in print readership and advertising revenue.

SINGAPORE (Oct 21): The global economic weakness has already hit many of the large and diversified companies that make up the Straits Times Index.

SINGAPORE (Oct 13): Xpress Holdings will change its name to A-Smart Holdings following shareholders’ approval at the company’s extraordinary general meeting on Thursday.