Friday, August 13, 2010

Market Daily -- 13th Aug 10

19. Singapore Jul Bunker Sales At 3.56M Tons, Up 0.6% Vs Jun
Singapore Jan-Jul Bunker Sales Up 12.4% On Yr At 23.56M Tons

18.  Wilmar CEO: Palm Oil Refining Margins Improving, Crushing Margins Remain Low
 Wilmar Exec: Don't Expect Problems From Ongoing Tax Investigation In Indonesia
 Wilmar CEO: Getting Big Tracts Of Palm Land Will Be Difficult In Future

17. Noble Group Target Cut To S$1.62 From S$2.00 By DBS Vickers

16. Indofood Agri Target Cut To S$2.40 From S$2.75 By DBS Vickers

15. Genting Singapore +8.6% At S$1.39 On 2Q10 Profit

14. Indofood Agri Target Cut To S$2.34 From S$2.79 By Kim Eng

13. Noble Group Target Cut To S$1.27 From S$2.20 By CIMB

12. STX Pan Ocean Target Cut To S$13.90 From S$15.60 By CIMB

11. Indofood Agri Target Cut To S$2.67 From S$2.83 By Phillip Sec

10. Sing Holdings Target Cut To S$0.37 From S$0.46 By Phillip Sec

9. City Developments Target Raised To S$11.00 From S$9.10 By RBS

8. Genting Singapore Target Raised To S$1.68 From S$0.90 By CS

7. Genting Singapore Target Raised To S$1.60 From S$1.06 By MS

6. Genting Singapore Target Raised To S$1.93 Vs S$1.45 - Deutsche

5. Noble Group Target Cut To S$2.00 From S$2.26 By JPMorgan

4. Genting Singapore Target Raised To S$2.00 From S$1.30 By CLSA

3. Wilmar International: Still In Talks With Kencana Agri On Buying Stake
Wilmar: Talks On For Buying Minority Stake In Kencana Agri

2. Wilmar International 2Q Net US$344.5 Mln Vs US$407.2 Mln
Wilmar International 2Q Net $344.5M Vs Net $407.2M
Analysts Expected Wilmar 2Q Net Of $433M 
Wilmar International 2Q Rev $6.8B Vs $5.7B
Wilmar International Plans Major Expansion Into Sugar
Wilmar: 2Q Net Profit Hurt By Negative Change In Valuation Of Convertible Bonds

1. WALL STREET: Stocks fell for third-straight day as revenue warning from Cisco Systems weighed on technology stocks, disappointing jobs data sent jitters across market. Dow fell 0.6%, Nasdaq down 0.8%