Tuesday, November 3, 2009

Market Daily -- 3rd Nov 09

9. Cosco Corp 3Q Net Profit S$22.3M Vs S$113.9M; Poll S$38M

8. ST Engineering 3Q Net Profit S$120.3M Vs S$128.9M

7. SingTel Target Cut To S$2.99 From S$3.50 By CLSA

6. Temasek Set To Bid For AXA's Taikang Stake - Source
Bids For AXA's Taikang Stake Could Top $1.2 Billion - Source
First Round Of Bidding On Friday - Source
AXA Hired Morgan Stanley As Adviser For Taikang Sale- Source

5. SIA Engineering Target Raised To S$3.20 From S$2.97 By CIMB

4. SIA Engineering Target Raised To S$3.35 Vs S$2.51 By Kim Eng

3. Saizen Reit: Japanese Operator Defaults On S$113M Loan

2. Indofood Agri Resources Target Set At S$1.97 By Phillip Sec

1. WALL STREET: Profitable quarter for Ford, round of better-than-expected economic data helped lead stocks higher after bumpy session. Stocks initially pushed higher by reports on manufacturing, construction spending, pending home sales but morning euphoria evaporated with decline in volatile financials. Nearer to close, stocks turned with broad indexes closing higher. Dow ended +0.8%, Nasdaq +0.2%