Thursday, July 22, 2010

Market Daily -- 22nd Jul 10

8. Cosco: Unit Gets Over US$500M Contract To Build Deepwater Drillship

7. Keppel Corp. 2Q Net Profit S$347.3M Vs S$317.3M; Poll S$343M

6. Singapore's Temasek Plans S$1 Bln 40-Year Bond
 Temasek: 40-Year Benchmark Bond To Be Issued By Unit Temasek Financial
 Temasek: Planned Bond Issue Part Of US$10 Bln Medium Term Note Program
Singapore Temasek Seeks To Price S$1B 40-Year Bond To Yield 4.2% -Source
Temasek S$1 Billion 40-Year Bond To Price Shortly - Source 
Temasek S$1B 40-Year Bond 'Heavily Oversubscribed' - Source

5. Keppel Corp Target Raised To S$10.40 From S$8.68 By CS

4. Sembcorp Marine Target Raised To S$4.15 From S$2.50 By CS

3. CapitaCommercial Target Raised To S$1.42 From S$1.29 By Citi

2. CapitaMall Trust 2Q Distribution Per Unit +7.5%
 CapitaMall Trust 2Q DPU Rises To 2.29 Singapore Cents
CapitaMall Trust: Got Higher Rental Rates, Cut Operating Expenses 

1. WALL STREET: Stocks tumbled despite some strong earnings reports as investors disappointed with Fed Chairman Bernanke's signal that central bank not planning further stimulus in near term, calling economic outlook unusually uncertain. Dow Jones declined 1.1%, Nasdaq dropped 1.6%