Monday, March 9, 2009

Market Daily -- 9th Mar 09

14. Chartered Semiconductor Plans Rights Offer -Source
Chartered Semi Plans About US$300M Rights Issue -Source
Chartered Semi Rights Issue Expected This Month -Source

13. United Industrial Corp Target Cut To S$0.96 Vs S$1.13 By DBSV

12. Bank Of China: Temasek Won't Sell Bank Of China Shrs In 1H
Bank Of China Exec: No M&A Plan For This Year
Bank Of China:No Plan For Orient Asset Management Cap Inject

11. Singapore Press Hldgs Target Cut To S$3.38 Vs S$3.77 By CIMB

10. China Farm Equipment Target Cut To S$0.08 Vs S$0.14 By DMG

9. Ezra Holdings Target Cut To S$0.70 Vs S$0.96 By CIMB

8. Jardine Strategic Target Cut To US$10.00 Vs US$12.00 By Citi

7. Jardine Matheson Target Cut To US$14.40 Vs US$18.50 By Citi

6. ComfortDelgro Started At Hold, S$1.37 Target By Phillip Sec

5. Hongkong Land Target Cut To US$2.00 Vs US$2.26 By Macquarie

4. Noble Group Target Cut To S$1.59 From S$3.06 By Daiwa

3. Noble Group Started At Sell By CLSA; S$0.70 Target

2. Starhill Global Target Cut To S$0.58 Vs S$1.56 By Macquarie

1. WALL STREET: Stocks finished mostly higher Friday, paring heavy losses for week as bargain hunters swooped on General Electric, which rose 6%; Citigroup +1% though down 31% on week as traders retreated from equity of a bank that's had 3 successive rescues from U.S. government. Dow closed +0.5%, Nasdaq down 0.4%