Wednesday, March 7, 2012

Market Daily -- 7th Mar 12

11. Global Logistic Properties Target Raised To S$2.31 Vs S$2.16 By Daiwa

10. Keppel Land Target Raised To S$3.45 from S$3.10 By HSBC

9. Keppel Land Target Raised To S$3.27 From S$2.40 By CIMB

8. CapitaLand Target Raised To S$3.51 From S$3.34 By CIMB

7. ConscienceFood Target Trimmed To S$0.26 From S$0.28 By DBS Vickers

6. United Overseas Bank Target Raised To S$20.10 Vs S$18.00 By Nomura

5. HSBC: Firm And Unit Hang Seng Bank Agree To Sell General-Insurance Businesses In HK, Singapore, Argentina, Mexico
HSBC: Value Of Gross Assets To Be Sold US$1.23 Bln As At End 2011 
HSBC: To Sell General-Insurance Businesses In HK, Singapore, Mexico To AXA Group
HSBC: To Sell General-Insurance Unit In Argentina To QBE Insurance Group 
HSBC: Unit Hang Seng Bank Agreed To Sell General-Insurance Unit To QBE Insurance Group
HSBC: Cash Consideration To Be Paid By AXA, QBE Is Around US$914 Mln 

4. Keppel Land Target Raised To S$4.00 From S$3.30 By Kim Eng

3. Tiger Airways: Establishes Second Australia Base In Sydney
Tiger Airways: Sydney Base To Start Operations Early July 

2. OCBC Prices US$1 Bln Of Senior Fixed-Rate Bonds Due March 2015

1. The Dow Jones industrial average .DJI slid 203.66 points, or 1.57 percent, to close at 12,759.15. The Standard & Poor's 500 Index .SPX dropped 20.97 points, or 1.54 percent, to 1,343.36. The Nasdaq Composite Index .IXIC fell 40.16 points, or 1.36 percent, to end at 2,910.32

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