Monday, July 12, 2010

Market Daily -- 12th Jul 10

8. Sembcorp Marine Unit Gets Contract For US$356 Mln Drilling Rig
Sembcorp Marine: Rig Contract From Seadrill Unit
Sembcorp Marine: To Deliver Rig By April 2011

7. Indofood Agri Started At Buy, S$2.80 Target By Deutsche Bank

6. Golden Agri Target Cut To S$0.59 From S$0.72 By Deutsche Bank

5. Wilmar Target Raised To S$7.20 From S$6.75 By Deutsche Bank

4. Tiger Airways Started At Buy, S$2.45 Target By DMG 

3. Neptune Orient Lines Target Cut To S$1.70 From S$2 By Citi

2. Neptune Orient Lines Target Raised To S$2.55 Vs S$2.28 By UOB-KH

1. WALL STREET: Stocks climbed Friday extending bounce back from previous week's slump, marking best week in nearly year; Alcoa +2.1%, Caterpillar +2.5%, Bank of America +1.7% were among gainers in rally, propelled by improving expectations for 2Q earnings season. Dow +0.6%, Nasdaq +1.0%