Wednesday, May 5, 2010

Market Daily -- 5th May 10

13. Super Coffeemix Exec:Aims To Raise Up To S$30Mln Via Taiwan Depository Receipts

12. OCBC Target Raised To S$10.00 From S$9.38 By CIMB

11. Jardine C&C Target Raised To S$34.70 From S$32.40 By Goldman

10.  Keppel Consortuim JV To Build CNY9B China Housing Project With Sunway City

9. Oversea-Chinese Banking Corp 1Q Net S$676M Vs S$545M; Poll S$490.2M
 OCBC 1Q Net Interest Income S$704M Vs S$740M
 OCBC 1Q Non-Interest Income S$681M Vs S$607M
 OCBC Nonperforming Loan Ratio 1.5% In March Vs 1.7% Dec
OCBC CEO: Seeing Strong Loan Growth And Revenue Momentum 
OCBC 1Q Allowances For Loans, Assets Impairment S$25M
OCBC CEO: Slow Growth Prospects For European, US Economies Warrant Caution 
OCBC CEO: Asia's Economic Recovery Continues To Build Momentum

8. First Ship Lease Target Cut To S$0.55 Vs S$0.78 By DBS Vickers

7. AusGroup Target Cut To S$0.73 From S$0.96 By CIMB

6.  HTL International Started At Outperform, S$1.10 Target By CIMB

5. AusGroup Target Cut To S$0.43 From S$0.60 By OCBC

4. C&O Pharmaceutical Started At Buy, S$0.53 Target By Phillip Sec

3. Great Eastern Hldgs Target Raised To S$18.30 Vs S$16.40 By CS

2. WALL STREET: Stocks fall broadly Tuesday as heightened concerns over euro zone's ability to contain debt crisis sent investors away from equities toward safety of USD. DJIA falls 2.0%, Nasdaq slides 3.0%

1. Singapore Airport Terminal Svcs: Got A$224M Singapore Armed Forces Contract