Wednesday, August 8, 2012

Market Daily -- 8th Aug 12

21. StarHub 2Q Net Profit S$86.8 Million vs S$78.0 Million
StarHub 2Q Operating Revenue S$590.7 Million vs S$568.6 Million

20. Neptune Orient Lines: 2Q Net Loss US$118 Mln Vs US$57 Mln Loss
Neptune Orient Lines: Booked One-Time Charge of US$112 Mln on Organization Restructuring
Neptune Orient Lines: 2Q Revenue Rose 8% to US$2.33 Bln

19. Heineken: Continues Discussions With Fraser & Neave
Heineken Reaction To Counterbid By KPG On Part Of F&N's APB Stake
Heineken: KPG Offer Is Not Comparable To Heineken Offer

18. UOB Target Raised to S$21.00 From S$20.00 By Goldman Sachs

17. Noble Group Target Cut To S$1.30 From S$1.40 By DBS Vickers

16. Mapletree Industrial Trust Started At Underperform, Target S$1.00 By Jefferies

15. UOL Group Target Raised To S$6.30 From S$5.59 By Nomura

14. Ascendas REIT Started At Buy, Target S$2.52 By Jefferies

13. K-REIT Asia Started At Hold, Target S$0.95 By Jefferies

12. CapitaRetail China Trust Fair Value Raised To S$1.70 Vs S$1.50 By OCBC

11. United Envirotech Fair Value Raised To S$0.425 Vs S$0.40 By OCBC

10. UOB Target Raised To S$21.40 From S$19.80 By DMG & Partners

9. UOB Fair Value Raised To S$21.30 From S$19.74 By OCBC

8. UOB Target Raised To S$21.00 From S$19.50 By DBS Vickers

7. CapitaLand: Partners Mitsubishi Estate to Develop Residential Project in Japan

6. China Animal Healthcare Target Raised To S$0.30 Vs S$0.28 By DMG & Partners

5. Bharti Airtel 1Q Net Profit INR7.62 Bln Vs INR12.15 Bln
Analysts Saw Bharti Airtel 1Q Net Profit at INR11.80 Bln
Bharti Airtel 1Q Revenue INR193.50 Bln, Up 14% On Year
Bharti Airtel: 1Q Ebitda INR58.49 Bln; up 2.5% on Year
Bharti Airtel: 1Q Ebitda Margin 30.2% Vs 33.6%
Bharti Chairman: India Revenue Hurt by Competition, Regulatory and Tax Developments
Bharti: 1Q India Business Average Revenue Per User INR185 Vs INR189 in 4Q

4. Fraser & Neave Target Raised To S$8.99 From S$8.68 By DBS Vickers

3. Sembcorp Marine: Secures US$4.0B in Drillship Contracts From Sete Brasil

2. United Overseas Bank Target Raised To S$17.30 From S$15.50 By Maybank-Kim Eng

1. The Dow Jones industrial average .DJI gained 50.71 points, or 0.39 percent, to 13,168.22, according to the latest data. The Standard & Poor's 500 Index .SPX gained 7.08 points, or 0.51 percent, to 1,401.31. The Nasdaq Composite Index .IXIC gained 25.95 points, or 0.87 percent, to 3,015.86