Tuesday, November 1, 2011

Market Daily -- 1st Nov 11

10. CapitaLand: Unit Acquired Two Residential Sites In China For About S$108 Mln

9. Sakari Resources Target Raised To S$2.48 From S$2.47 By CIMB

8. Fortis Healthcare India To Acquire Fortis Healthcare International For $665 Mln
Fortis Healthcare: Acquisition Expected To Be Completed By Mid-December
Fortis Healthcare Executive: Acquisition Will Take Company's Consolidated Debt To $1 Bln 
Fortis Healthcare Executive: Company Will Raise Capital In 4Q To Bring Down Debt
Fortis Healthcare Executive: Could Look At Equity Route For Raising Capital To Cut Debt
Fortis Healthcare Executive: Have Multiple Capital-Raising Plans At Various Entities 

7. Neptune Orient Lines Target Cut To S$0.87 Vs S$1.40 By CIMB

6. Wilmar International Target Raised To S$6.92 Vs S$6.07 By CLSA

5. Petrobras CEO: Decision On 21 Rig Tender To Be Made Before Year End

4. SIA: New Medium-, Long-Haul Low-Cost Airline To Commence Ops Mid 2012
Singapore Airlines: Low-Cost Airline To Be Called Scoot 
Singapore Airlines: Scoot To Start Operations With 4 Boeing 777-200 Planes
Singapore Airlines: Scoot's First Destinations Include Australasia, China 
Singapore Airlines: Scoot To Expand Network To India, Europe, Middle East, Africa
Singapore Airlines: Scoot To Offer Airfares Up To 40% Less Than Legacy Carriers
Scoot CEO: Will Recruit Pilots, Staff From Outside Singapore Airlines 

3. STX OSV Gets KRW200B Platform Supply Vessel Order In Europe
STX OSV To Build 4 Platform Supply Vessels For Island Offshore
STX OSV To Deliver Platform Supply Vessels By 1Q 2014 

2. CapitaMall Trust: Priced Private Placement At S$1.79/Un
 CapitaMall Trust: Private Placement Raises About S$250M

1. The Dow Jones industrial average .DJI dropped 276.10 points, or 2.26 percent, to 11,955.01. The Standard & Poor's 500 Index .SPX fell 31.79 points, or 2.47 percent, to 1,253.30. The Nasdaq Composite Index .IXIC lost 52.74 points, or 1.93 percent, to 2,684.41