Tuesday, November 11, 2008

Market Daily -- 11th Nov 08

22. China-based Yangzijiang Shipbuilding Holdings Ltd. is considering co-owning some vessels in its orderbook in a bid to prevent customers from canceling their orders, a senior executive said Tuesday

21. Las Vegas Sands Corp. reaffirmed Tuesday that the development of its casino-resort complex in Singapore remains a top priority and will be completed by late 2009

20. CCT, Suntec REIT Offer Deep Value - Goldman Sachs

19. Noble Group Target Cut To S$2.45 From S$3.35 By Cazenove

18. Weak exports, slower job and income growth likely to hurt Singapore's growth next year, says Credit Suisse; lowers city state's 2009 real GDP growth forecast to 0.7% from 2.8%

17. STX Pan Ocean 3Q Net Profit $131M Vs $143.7M

16. Food Empire Hldgs Target Cut To S$0.48 From S$0.56 By OCBC

15. Venture Corp Target Cut To S$7.50 From S$12.50 By Citi

14. Sembcorp Industries Target Cut To S$3.15 From S$3.50 By Citi

13. Noble Target Cut To S$2.10 From S$3.45 By Credit Suisse

12. United Engineers Target Cut To S$2.53 From S$2.94 By CIMB

11. First Resources Target Cut To S$0.39 Vs S$1.65 By UOB KayHian

10. Straits Asia Res Target Cut To S$1.20 From S$2.15 By Goldman

9. Singapore Airlines Target Cut To S$13.47 From S$17.16 By OSK

8. Venture Corp Target Cut To S$8.50 From S$13.50 By Daiwa

7. CapitaCommercial Trust Cut To Sell From Neutral By UBS

6. NOL Target Cut To S$1.10 From S$2.70 By Citi; Keeps Sell

5. SingTel Target Cut To S$3.20 From S$4.00 By JPMorgan

4. Hongkong Land Started At Neutral By Nomura; US$2.64 Target

3. SIA Target Cut To S$11.00 From S$13.30 By Goldman Sachs

2. WALL STREET: Stocks fell as investors feared even China's $586 billion stimulus plan could not prevent slowing demand for goods, services worldwide and as worries about auto makers and banks persisted. Dow off 0.8%, Nasdaq off 1.9%

1. Las Vegas Sands Set To Announce Financing As Early As This Wk-FT