Friday, July 9, 2010

Market Daily -- 9th Jul 10

10. HTL International Target Cut To S$0.70 From S$0.99 By DMG

9. Khazanah Talking With ANZ, CIMB, DBS, OCBC, UOB - Sources
Khazanah In Talks With 5 Banks For Financing - Sources
Khazanah Seeks To Borrow About S$1B To Raise Parkway Offer - Sources

8. ARA Asset Management Target Raised To S$1.30 Vs S$1.14 By DBSV

7. Genting Singapore Target Raised To S$0.97 From S$0.88 By UOB

6. ES Group Opens At S$0.31 On SGX Debut Vs S$0.24 IPO Price

5.  United Envirotech Started At Buy, S$0.53 Target By DMG

4.  Midas Holdings Started At Buy, S$1.16 Target By Phillip Sec

3. Sino Grandness Food Started At Buy, S$0.53 Target -Phillip Sec

2. Gloucester Coal: In Talks With Noble Regarding Potential Transaction
Gloucester: Potential Transaction Would Involve Buying Certain Noble Coal Assets 
Gloucester: No Agreement Has Been Reached On Potential Transaction
Gloucester: No Decision Has Been Made In Respect Of Any Capital Raising 

1.  WALL STREET: Stocks climbed, marking third straight day in black on bigger-than-expected drop in weekly jobless claims, improved same-store sales from number of retailers including McDonald's +2.5%, American Express +2.4%, Coca-Cola +1.9%. Dow +1.2%, Nasdaq +0.7%