Wednesday, January 6, 2010

Market Daily -- 6th Jan 10

10. Straits Asia Resources Target Raised To S$3.10 Vs S$2.50 - UBS

9. United Overseas Bank Hopes To Complete Sale By Jan 31
United Overseas Bank: To Sell Insurance Unit To Prudential
United Overseas Bank: To Sell Insurance Unit For S$428M
Prudential To Buy Utd Overseas Bank Life Insurance Unit - Source

8. China Milk Products Target Cut To S$0.39 Vs S$0.47 By DMG

7. Mermaid Maritime Target Cut To S$1.30 Vs S$1.80 By Macquarie

6. ST Engineering Target Raised To S$3.80 Vs S$3.30 By DBSV

5. Changjiang Fertiliser Started At Buy, S$0.42 Target By UOB KH

4. Hisaka Holdings Started At Buy, S$0.30 Target By CIMB

3. Tiger Airways IPO Price Range S$1.35 To S$1.65 - Term Sheet
Tiger Airways May Raise Up To S$273 Million Via IPO - Termsheet

2. United Engineers Target Raised To S$2.83 Vs S$2.15 By CIMB

1. WALL STREET: Stocks closed near flat with International Business Machines, United Technologies among decliners as bigger-than-expected drop in pending home sales damped sentiment, although Ford jumped after reporting strong December auto sales. Dow down 0.1%, Nasdaq flat