1. CapitaLand Ltd. (C31.SG) on Friday reported a second-quarter net profit of S$515.2 million, down from S$912.6 million a year ago. The earnings were below the average forecast of S$209 million.
2. Yanlord Land Acquires 2 China Residential Sites For CNY1.19B
3. ABN Amro Starts Starhub At Sell, S$2.40 Target
4. UBS starts Golden Agri-Resources at Sell with S$0.67 target
5. Merrill Lynch trims SingTel target price to S$4.08 from S$4.20, maintains Buy rating
6. Merrill Resumes StarHub At Buy, S$3.08 Target
7. Merrill Resumes M1 At Neutral, S$2.10 Target
8. Citigroup cuts CDL Hospitality Trusts to Sell from Buy, cuts target price to SS1.22 from S$2.17
9. Citigroup upgrades Suntec REIT to Buy from Hold, raises target price to S$1.70 from S$1.64
10. UBS starts Indofood Agri Resources at Neutral with S$2.01 target
11. Credit Suisse reiterates Overweight call on Singapore banks, notes Singapore loans grew 25.0% on-year in June driven by construction, commerce, housing loans
12. UBS upgrades Singapore Post to Buy from Neutral, lifts target price to S$1.17 from S$1.15
13. UBS cuts Hongkong Land target price to US$7.60 from US$8.40, maintains Buy rating
14. Phillip Securities downgrades Hiap Seng Engineering to Sell from Hold; slashes target price to S$0.17 from S$0.58
15. CIMB upgrades Allgreen Properties to Outperform from Underperform, but cuts target price to S$1.20 from S$1.35
16. Kim Eng starts China Zaino at Buy with S$0.90 target
17. Daiwa raises Suntec REIT target price to S$1.91 from S$1.82
