Tuesday, May 11, 2010

Market Daily -- 11th May 10

8. Peabody: A$15/Share Cash Bid For Macarthur Coal Offers Compelling Value

7. Hong Leong Finance Target Cut To S$3.24 From S$4.32 By UOB KH

6. ASL Marine Started At Outperform, S$1.10 Target By CIMB

5. Sembcorp Industries Fair Price Raised To S$4.15 Vs S$3.80 By UOB

4. First Ship Lease Target Cut To S$0.48 From S$0.59 By OCBC

3. Yangzijiang Target Raised To S$1.40 From S$1.03 By UBS

2. Suntec REIT Target Raised To S$1.41 From S$1.33 By Citigroup

1. WALL STREET: Stocks jumped, posting biggest one-day gains in year as bailout package to help stabilize Europe's debt crisis lifted broad range of equities. Dow +3.9%, Nasdaq +4.8%