Thursday, August 27, 2009

Market Daily -- 27th Aug 09

21. Starhill Global REIT Target Raised To S$0.64 Vs S$0.57 - UOB

20. Bharti Airtel Offers MTN $13.1B For 49% Stake -Sources
MTN Offers Bharti $10.5 Billion For 36% Stake - Sources
MTN Must Convince PIC To Back Deal With Bharti - Sources
Bharti, MTN Deal May Be Sealed Mid-September -Sources
SingTel Eyes Bharti GDRs To Maintain Stake In Co - Sources
Bharti Has Lined Up About US$4B In Loans From 8 Bks -Sources

19. Olam International 4Q Net Profit S$46.7M Vs S$64.9M

18. Olam International Closes US$100M Islamic Finance Facility

17. Olam International Gets US$540M Loan Facility

16. Tiong Woon Target Raised To S$0.95 From S$0.415 By DMG

15. UOB Target Cut To S$17 From S$18 By RBS; Kept At Hold

14. OCBC Target Cut To S$6.80 From S$8.00 By RBS

13. DBS Target Cut To S$11.00 From S$13.50 By RBS

12. Tiong Woon Target Raised To S$1.24 Vs S$0.75 By CIMB

11. Li Heng Chemical Target Raised To S$0.38 Vs S$0.24 By Kim Eng

10. Suntec REIT Target Raised To S$1.05 Vs S$0.94 By UBS

9. CapitaCommercial Target Raised To S$1.02 Vs S$0.86 By UBS

8. Keppel Land Target Raised To S$3.50 Vs S$3.30 By UBS

7. City Developments Target Raised To S$12.50 Vs S$12.00 By UBS

6. Allgreen Properties Target Raised To S$1.38 Vs S$1.15 By Citi

5. Singapore STI Target Raised To 3000 By 1Q10 From 2700 By Citi

4. Singapore Exchange Target Raised To S$10 Vs S$9.50 By Citi

3. Tiong Woon Target Raised To S$0.80 Vs S$0.45 By Credit Suisse

2. Swiber Hldgs To Raise Up To $100M By Convertible Bonds Sale

1. WALL STREET: U.S. stocks just a little higher Wednesday, with DJIA +0.04% for 7th-straight session in the green. S&P 500, Nasdaq both flat, both +0.01%.