Thursday, November 10, 2011

Market Daily -- 10th Nov 11

17. Wilmar International Target Cut To S$5.19 Vs S$5.55 By HSBC

16. Noble Group Target Cut To S$1.41 From S$2.05 By HSBC

15. Midas Holdings Fair value Cut To S$0.33 Vs S$0.435 By OCBC

14. Noble Group Target Cut To S$ 1.45 vs S$ 1.70 By DBS Vickers

13. Noble Group Target Price Cut To S$0.99 From S$1.05 By CIMB

12. Noble Group Target Cut To HK$1.80 Vs HK$2.25 By Credit Suisse

11. Tat Hong Target Raised To S$0.75 Vs S$0.60 By Credit Suisse

10. Yangzijiang Shipbuilding Target Cut To S$1.22 Vs S$1.51 By UOB KayHian

9. Noble Group Target Price Cut To S$1.20 Vs S$2.00 By DMG

8. Noble Group Target Cut To S$1.20 Vs S$2.24 By UOBKayHian

7. SingTel CEO: Willing To Buy More Shares Of Associates If Available At Right Prices

6. Hongkong Land Target Cut To US$6.26 Vs US$8.96 By Citigroup

5. Singapore Telecommunications CEO: Long-Term Intent Is To Raise Equity Stakes In Associates

4. Noble Group Plunges 23% To S$1.23 After Surprise 3Q Loss, CEO Exit

3. Noble Group Fair Value Cut To S$1.16 From S$1.78 By OCBC

2. Singapore Telecommunications 2Q Net Profit S$882 Mln Vs S$892 Mln
 Analysts Expected SingTel 2Q Net Profit At S$894.7 Million
 SingTel: 2Q Operating Revenue S$4.61 Bln Vs S$4.44 Bln; S$4.62 Bln Expected
 SingTel: Optus 2Q Revenue Up 1% At A$2.33 Bln
 SingTel: 2Q Pretax Profit From Regional Mobile Associates Down 12% To S$471 Mln
 SingTel: To Pay 6.8 Singapore Cents/Share Dividend
 SingTel: Optus 2Q Net Profit Rose 4% To A$182 Million

1. The Dow Jones industrial average was down 389.24 points, or 3.20 percent, at 11,780.94. The Standard & Poor's 500 Index was down 46.82 points, or 3.67 percent, at 1,229.10. The Nasdaq Composite Index was down 105.84 points, or 3.88 percent, at 2,621.65