Friday, December 5, 2008

Market Daily -- 5th Dec 08

9. Cisco, Axia In Consortium Bid To Operate Singapore Network

8. StarHub Submitted Bid To Operate Singapore Broadband Network

7. OCBC cuts target price for AusGroup to S$0.17 from S$0.24

6. Neptune Orient Lines Target Set At S$0.96 By Phillip Sec

5. Sembcorp Ind Target Cut To S$2.30 From S$3.15 By Citi

4. Keppel Corp Cut To Hold From Buy By Citi; S$4.00 Target

3. SembMarine Cut To Sell From Hold By Citi; S$1.25 Target

2. Cosco Corp Target Cut To S$1.08 From S$1.25 By JPMorgan

1. WALL STREET: Concerns about Friday's unemployment report pushed stocks lower, with General Motors tumbling on continued uncertainty about fate of U.S. auto makers. Dow off 2.5%, Nasdaq off 3.1%