Friday, November 14, 2008

Market Daily -- 14th Nov 08

22. Olam International 1Q Net Profit S$14.9M Vs S$9.2M

21. CSE Global Target Cut To S$0.67 From S$1.09 By BNP Paribas

20. City Devt Target Cut To S$6.4 From S$7.26 By Credit Suisse

19. City Developments Target Cut To S$6.45 From S$7.15 By UBS

18. Fitch Sees Singapore GDP Down 1.0% In '09, Up 2% In '08

17. Jardine Strategic Target Cut To S$12.00 From S$15.40 By Citi

16. Jardine Matheson Target Cut To S$18.50 From S$21.90 By Citi

15. ComfortDelgro Target Cut To S$1.36 Vs S$1.70 By UOB KH

14. China Farm Equipment Target Cut To S$0.14 Vs S$0.48 By UOB KH

13. City Developments Target Cut To S$5.53 Vs S$11.25 By DMG

12. Straits Asia Resources Target Cut To S$1.25 Vs S$2.25 By OCBC

11. UOB Target Cut To S$16.00 From S$18.60 By UBS

10. OCBC Target Cut To S$5.32 From S$7.10 By UBS

9. DBS Target Cut To S$15.30 From S$20.00 By UBS

8. SingTel Target Cut To S$2.70 From S$3.20 By Citigroup

7. Genting Target Cut To S$0.29 From S$0.49 By JPMorgan

6. Yanlord Target Cut To S$1.10 From S$2.20 By JPMorgan

5. First Resources Target Cut To S$0.54 Vs S$1.09 By Citigroup

4. ComfortDelGro Target Cut To S$1.25 From S$1.44 By Citigroup

3. Singapore Telecom Secures S$1.075B Refinancing Loans

2. Straits Asia Resources 9 Months Pft US$84.8M

1. WALL STREET: Stocks bounced aggressively off their Oct. 27 closing lows, led by surge in industrials and energy firms; still, corporate outlook news had stock traders questioning sustainability of the gains. Dow +6.7%, Nasdaq +6.5%