Tuesday, November 9, 2010

Market Daily -- 9th Nov 10

14.  ST Engineering 3Q Net Profit S$130.2M Vs S$120.3M

13.  Noble Group 3Q Net Profit US$157.2 Mln Vs US$132.1 Mln
 Analysts Expected Noble 3Q Net Profit At US$132 Million
Noble Group 3Q Revenue Rises 79% To US$14.9 Bln Vs US$8.4 Bln 

12.  Sabana REIT Files Prospectus For Singapore IPO
 Sabana REIT Plans To Price IPO Between S$1.00-S$1.10 Per Unit
 Sabana REIT To Sell 632.8M Units In Singapore IPO
Sabana REIT IPO To Raise As Much As S$696.1M Via IPO
Sabana REIT Plans To List On Singapore Exchange This Month - Source 

11. OCBC Target Raised To S$11.40 From S$9.70 By BNP Paribas

10. SIA Engineering Target Cut To S$4.69 From S$5 By BNP Paribas

9. Suntec REIT Target Cut To S$1.55 From S$1.63 By CIMB

8. Sembcorp Industries Target Raised To S$6.06 Vs S$4.69 By CIMB

7. Sembcorp Industries Target Raised To S$6.60 Vs S$5.65-Deutsche

7. Parkway Life Target Raised To S$1.78 Vs S$1.66 By Phillip Sec

6. Sembcorp Industries Target Raised To S$5.60 From S$4.70 By RBS

5. K-REIT Asia Started At Buy, S$1.53 Target By UBS

4. Oversea-Chinese Banking Corp Prices US$500 Mln Subordinated Notes
 OCBC: Prices US$500 Mln Notes At 99.367%, Carry 3.75% Interest
Oversea-Chinese Banking: Expects To Issue Notes Nov 15 

3. Keppel Land: To Issue S$500 Mln Convertible Bonds
Keppel Land: Five-Year Convertible Bonds To Bear 1.875% Interest Rate 
Keppel Land: To Use Proceeds For Acquisitions, Refinancing Debt
Keppel Land: Appointed Goldman Sachs, HSBC Managers For Bond Issue 

2. First REIT To Launch Rights Issue To Partly Fund Jakarta Hospitals Buy
 First REIT: To Raise S$172.8 Mln Via Rights Issue, Sell 345.7Mln New Units
 First REIT: To Raise S$172.8 Mln Via Rights Issue, Sell 345.7Mln New Units

1. WALL STREET: Stocks slipped as reignited concerns over European sovereign debt gave investors reason to pause after last week's climb. Dow down 0.3%, Nasdaq flat