Thursday, December 15, 2011

Market Daily -- 15th Dec

6. Morgan Stanley To Cut 80 Singapore Jobs; Offers Relocation To India, Hungary -Sources
Morgan Stanley Singapore Job Cuts Involve Back-Office Positions - Sources 
Morgan Stanley Singapore Job Cuts Part Of Move To Raise Efficiency, Cut Costs - Sources

5. Hong Leong Asia Target ut to S$1.60 From S$1.66 By CIMB

4. CapitaLand Price Target Cut To S$2.22 From S$2.75 By Daiwa

3. City Developments Target Cut To S$7.83 From S$9.95 By Daiwa

2. Sembcorp Marine: Gets US$291.6 Mln Rig-Building Contract

1. The Dow Jones industrial average .DJI dropped 131.46 points, or 1.10 percent, to 11,823.48. The Standard & Poor's 500 Index .SPX fell 13.91 points, or 1.13 percent, to 1,211.82. The Nasdaq Composite Index .IXIC lost 39.96 points, or 1.55 percent, to 2,539.31