Tuesday, February 28, 2012

Market Daily -- 28th Feb 12

25. Noble Group: 4Q Net Profit US$105.7 Mln Vs US$247.5 Mln
Noble Group: 4Q Revenue US$20.13 Bln Vs US$17.44 Bln 
Noble Group: 2011 Net Profit US$431.3 Mln Vs US$605.6 Mln In 2010 

24. Cosco Corp. Secures Seven Contracts, Options Worth US$190 Mln

23. China XLX Target Cut To S$0.34 From S$0.40 By DBS Vickers

22. SembCorp Industries Target Raised To S$6.00 From S$4.90 By DBS Vickers

21. Xinren Aluminum Target Cut To S$0.51 From S$0.65 By DBS Vickers

20.  Swiber Holdings Target Raised To S$0.72 From S$0.50 By DMG

19. Noble Group Exec: Expect China's Demand For Commodities To Grow At Slower Pace In 2012
Noble Group Exec: Looking At Investment Opportunities; Mulling Entering African Trade 

18. Golden Agri-Resources Target Cut to S$0.75 From S$0.81 By CIMB

17. Armstrong Industrial Target Raised To S$0.32 From S$0.20 By CIMB

16.  SembCorp Industries Target Raised To S$5.83 From S$4.72 By Citigroup

15. Kingsmen Creatives Started At Buy, Fair Value S$0.78 By AmFraser

14. First Resources Target Raised To S$2.39 From S$2.05 By DMG

13. Neptune Orient Lines Target Raised To S$1.35 From S$1.16 By UBS

12. Sembcorp Industries Target Raised To S$6.10 From S$5.55 By UBS

11. Sembcorp Industries Target Raised To S$5.50 From S$4.90 By Credit Suisse

10. SembCorp Industries Target Raised To S$6.20 From S$5.61 By DMG

9. Swiber Holdings Target Raised To S$0.98 From S$0.87 By UOB KayHian

8. First Resources Target Raised To S$2.30 From S$1.75 By UOB KayHian

7. Golden Agri-Resources Target Raised To S$0.95 From S$0.85 By UOB-KH

6. Swiber Holdings Fair Value Raised To S$0.70 From S$0.58 By OCBC

5. Golden Agri-Resources Fair Value Cut To S$0.77 From S$0.82 By OCBC

4. First Resources Target Raised 9% To S$1.95 By Kim Eng

3. PT Berlian Laju Tanker: Defaulted On Debt Instruments
PT Berlian Laju Tanker: Defaulted On Debt Instruments 
Berlian Laju Tanker: Working With Financial Adviser On Debt Restructuring

2. Wilmar International: Acquired 10.1% Equity Stake In Goodman Fielder
Wilmar International: Assessing Whether To Further Raise Stake In Goodman Fielder 
Wilmar International: Paid A$115 Mln For 10.1% Goodman Fielder Stake

1. The Dow Jones industrial average .DJI was down 1.44 points, or 0.01 percent, at 12,981.51. The Standard & Poor's 500 Index .SPX was up 1.85 points, or 0.14 percent, at 1,367.59. The Nasdaq Composite Index .IXIC was up 2.41 points, or 0.08 percent, at 2,966.16