Friday, June 1, 2012

Market Daily -- 1st June 12

8. Olam International Target Cut To S$2.84 From S$3.12 By HSBC

7. Cosco Corp Target Cut To S$0.95 From S$1.20 By HSBC

6. China Minzhong Food Target Cut To S$0.86 From S$1.65 By UOB KayHian

5. Sakari Resources Fair Value Cut To S$1.45 From S$2.29 By OCBC

4. Integrated Healthcare Plans To Start Pre-Marketing For $2B IPO Next Week - Sources
Integrated Healthcare Aims For Dual Listing In Singapore, Malaysia By July -Sources
Integrated Healthcare Currently Finalizing Cornerstone Investors For IPO - Sources

3. Keppel Corp Gets $560Mln Rig-Building Contract From Maersk Drilling

2. Formula One To Delay US$2.5 Bln Singapore IPO Launch Due To Weak Market Conditions -Sources
CVC Capital Partners 'Not In A Hurry' To Launch Formula One IPO -Source 

1. The Dow Jones industrial average dropped 26.41 points, or 0.21 percent, to 12,393.45. The S&P 500 Index fell 2.99 points, or 0.23 percent, to 1,310.33. The Nasdaq Composite lost 10.02 points, or 0.35 percent, to 2,827.34