Wednesday, April 29, 2009

Market Daily -- 29th Apr 09

5. Suntec REIT Target Cut To S$0.62 From S$0.95 By CS

4. Sembcorp Marine: Rig Contract Terminated On Lack Of Payment
Sembcorp Marine: Rig Was Ready For Delivery In Early April
Sembcorp Marine: Unit Will Proceed To Sell Rig
Sembcorp Marine Rig Contract Was Worth $422.7 Million
Sembcorp Marine Got Half Of Contract Value From PetroMena-Source

3. Singapore MAS: Decisive Economic Rebound Unlikely This Year

2. Ezra Target Raised To S$1.45 From S$1.19 By DBS Vickers

1. WALL STREET: Stocks fell on late dip as fears of more capital injections for some major banks in wake of stress tests trumped consumer-confidence data. Dow fell 0.1%, Nasdaq down 0.3%