Thursday, July 7, 2011

Market Daily -- 7th Jul 11

10. OCBC Prices 3-Year A$500M FRN At Swap +83 Bps - Lead Manager

9. Temasek: Net Profit More Than Doubles To S$13B In Fiscal Year Ended March 31
Temasek: Portfolio Value As Of Year Ended March 31 S$193B Vs S$186B
Temasek: Net Profit Up On Improved Contributions From Portfolio Companies
Temasek: Fiscal Year New Investments S$13B, Divestments S$9B
Temasek CEO: Will Continue To Invest In Transforming Economies Of Asia, Latin America
Temasek CEO: Remain Open To Opportunities In Mature Markets, Such As US
Temasek CEO: Will Continue With Strategy To Invest, Divest At Steady Pace
Temasek Official: Europe Debt Crisis Remain A Headwind To Global Growth
Temasek Official: Asian Economies Such As China, India Face Medium Term Inflation Risk
Temasek Official: Will Recalibrate Investment Stance If Necessary
Temasek Official: Still Looking For Investment Opportunities In China
Temasek Official: Comfortable With Investment Position In China
Temasek Official: CEO Ho Ching Has Unequivocally Told Staff She Will Stay On At Temasek
Temasek Official: Strong Singapore Dollar Positions Us Well To Make Overseas Investments
Temasek Exec: Board Reviews CEO Succession Plan Every Year, Process Is Ongoing

8. Oversea-Chinese Banking Corp. Seeks To Price A$300M Bond To Yield 85 BPs Above 3-Month Swaps - Term Sheet

7. Tiger Airways: Optimistic On Returning To Normal Services In Australia
Tiger: Committed To Working With Regulator, Authorities to Resolve Issues
Tiger: Confident Can Resolve Australia Issues In Coming Days And Weeks
Tiger Airways: Reassure Staff, Stakeholders Of Long-Term Commitment To Australia

6. Singapore Airlines Spokesman: No Plan To Reduce Stake In Tiger Airways
Singapore Airlines: Not Involved In Tiger's Day-To-Day Management 

5. Tiger Airways Target Price Cut To S$0.71 From S$0.92 By CIMB

4. Overseas Union Enterprise Started At Buy With S$3.76 Target By IIFL

3. DMG Reiterates Sell Tiger Airways, Cuts Target To S$0.76 Vs S$0.92

2. Oversea-Chinese Banking Corp Launches 3-Year A$ FRN - Lead Manager

1. The Dow Jones industrial average .DJI was up 56.15 points, or 0.45 percent, at 12,626.02. The Standard & Poor's 500 Index .SPX was up 1.34 points, or 0.10 percent, at 1,339.22. The Nasdaq Composite Index .IXIC was up 8.25 points, or 0.29 percent, at 2,834.02.