ComfortDelgro

SINGAPORE (Aug 22): Singapore’s largest taxi operator ComfortDelGro today announced it is in exclusive talks to form a potential strategic alliance with Uber Technologies – the private hire car service start-up that has put a dent in its business.

SINGAPORE (June 28): ComfortDelGro announced that it has entered into agreement to acquire the remaining 49% stake in CityFleet Networks (CFN) for a cash consideration of £7.9 million ($14 million) from its existing partner Cabcharge Australia.

SINGAPORE (June 12): Singapore’s three banks continue to dominate the annual list of Top 100 Singapore brands compiled by Brand Finance.

SINGAPORE (May 12): RHB is maintaining its “buy” call on ComfortDelGro with $3.00 target as the broker sees strong revenue visibility from Singapore’s bus business via the Government Contracting Model (GCM), and improving rail revenue from higher ri

SINGAPORE (April 20): DBS is keeping its forecasts for ComfortDelgro unchanged for now although subsidiary SBS Transit was announced as the winner of the latest bus package.

SINGAPORE (April 6): RHB is not ruling out the possibility of a fare hike next year, given the Public Transport Council has started its review of the formula through which bus and train fares are adjusted yearly.

SINGAPORE (March 27): OCBC is reiterating its “buy” on ComfortDelGro with a fair value of $2.95 after regulators give the go-ahead for dynamic pricing of taxi fares.

SINGAPORE (March 17): Rising interest rates on the back of US Fed rate hikes should favour banks, property developers, and stocks with yield backed by net cash, says DBS Group Research.

SINGAPORE (March 8): A commercial decision to change all taxis to yellow could save lives and potentially reduce economic losses by millions of dollars, according to a study led by researchers from the National University of Singapore (NUS).

SINGAPORE (Feb 13): Here are some stocks that could move the market this Monday morning.