Thursday, June 14, 2012

Market Daily -- 14th Jun 12

8. STX OSV: Gets NOK1.4B Contract to Build Offshore Construction Vessel

7. Former Noble Group CEO Ricardo Leiman Sues Firm Over Compensation
Former Noble CEO Leiman: Options, 2011 Bonus Wrongfully Withheld
Former Noble CEO Leiman: Chairman Promised to Honor All Entitlements
Noble: Company Terminated Leiman's Employment As It Was Unhappy With His Performance
Noble: Payment Was Conditional on Leiman Not Acting Against Company

6. Kuwait Investment Authority to Invest $150M in Malayasia IHH Healthcare IPO - Source
Malayasia EPF to Invest $200M in IHH Healthcare $2 Billion IPO - Source
KIA, EPF to Invest in IHH IPO as Cornerstone Investors - Source
IFC to Also Be Cornerstone Investor in Malaysia IHH IPO - Source 

5. Wilmar International Target Cut To S$3.70 From S$5.70 By UBS

4. Golden Agri-Resources Fair Value Cut To S$0.74 From S$0.77 By OCBC

3. Hongkong Land Target Cut To US$7.27 From US$7.70 By Citigroup

2. Manchester United Explores US IPO Option - Sources
Manchester United Deferred US$1 Bln Singapore IPO Late Last Year-Sources 

1. Dow Jones industrial average .DJI fell 77.42 points, or 0.62 percent, at 12,496.38. The Standard & Poor's 500 Index .SPX lost 9.30 points, or 0.70 percent, at 1,314.88. The Nasdaq Composite Index .IXIC dropped 24.46 points, or 0.86 percent, at 2,818.61

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