Wednesday, November 11, 2009

Market Daily -- 11th Nov 09

10. Singapore Air Target Raised To S$13.13 From S$11.98 By OSK

9. Singapore Press Hldgs Target Cut To S$4.00 Vs S$4.22 By DBSV

8. Petra Foods Target Raised To S$1.20 Vs S$1.00 By CIMB

7. Starhub Target Raised To S$2.15 Vs S$1.76 By CIMB

6. APEC Fin Min Draft:Stimulus Exit Must Await Private-Sector Recovery
APEC Draft: Must Boost Fiscal Credibility Without Hurting Demand
APEC Draft: Agree To Support Econ Until Recovery Gains Traction

5. Starhub Target Cut To S$2.29 From S$2.88 By OCBC

4. Singapore Air Target Raised To S$16.00 From S$14.00 By JPM

3. Olam: Got US$850 Million Term Loan Facility

2. Singapore Telecommunications 2Q Net Profit S$956M
SingTel 2Q Net Pft S$956M Vs S$969.9M Dow Jones Poll
SingTel 2Q Net Pft S$956M Vs S$969.9M Dow Jones Poll
SingTel: Expect Single-Digit Level Singapore Oper Rev Growth
SingTel: Expect EBITDA TO Grow By Low Single Digit
SingTel:2Q Pretax Profit From Mobile Associates S$571M
SingTel: Singapore 2Q Net Profit Dn 9% On Yr At S$321M
SingTel: Singapore 2Q Oper Rev +8.2% On Year At S$1.44B

1. WALL STREET: Stocks mixed as broader market weighed by weakness in Boeing, other industrials, but rally for Bank of America, American Express helped Dow higher. Dow ended +0.2%, Nasdaq shed 0.1%