Friday, August 27, 2010

Market Daily -- 27th Aug 10

7. Noble Group Takeover Offer For Gloucester Coal Extended To Oct 8

6. Mapletree Logistics Target Raised To S$1.01 From S$0.89 CIMB

5. Olam Target Raised To S$4.25 From S$3.50 By Credit Suisse

4. Olam Target Raised To S$2.68 From S$2.10 By Deutsche Bank

3. UGL: Reaches Financial Close On Singapore Sports Hub
 UGL: Public-Private Partnership With Singapore Sports Council To Maintain Hub
 UGL: To Provide Facilities Management Services Over 25 Years
 UGL: Management Services Valued At About A$500M Over 25-Year Term

2. Olam International Raises US$350 Mln Via Syndicated Loan

1. WALL STREET: Stocks fell with DJIA moving below psychologically important 10,000 mark on continued worries about economic growth. Dow fell 0.7%, Nasdaq down 1.1%