Monday, July 11, 2011

Market Daily -- 11th Jul 11

4. Neptune Orient Lines Target Set At S$1.70 By CLSA

3. SingTel's Optus Forecasts Low-Single-Digit Revenue, EBITDA Growth In FY12
SingTel Optus Forecasts A$1.2B Capex In FY12, Free Cash Flow Above A$1.0B  

2. Hsu Fu Chi International: Nestle Proposing To Acquire 60% Stake In Hsu Fu Chi
Hsu Fu Chi: Nestle To Acquire Stake At S$4.35/Share

1. Dow Jones industrial average .DJI was down 62.29 points, or 0.49 percent, at 12,657.20. The Standard & Poor's 500 Index .SPX was down 9.42 points, or 0.70 percent, at 1,343.80. The Nasdaq Composite Index .IXIC was down 12.85 points, or 0.45 percent, at 2,859.81