Wednesday, November 7, 2012

Market Daily -- 7th Nov 12

18. Overseas Union Enterprise: Appoint Credit Suisse, Merrill Lynch to Advise on Fraser & Neave Offer
Overseas Union Enterprise: To Detail Intention On Fraser & Neave Offer By Nov. 15 

17. SembMarine Target Cut To S$5.85 From S$6.35 By HSBC

16. StarHub Target Raised To S$4.00 From S$3.67 By DBS Vickers

15. Ezion Holdings Target Raised To S$1.82 From S$1.72 By DBS Vickers

14. EU Juncker: Some European Nations May Face Technical Recession in 4Q
EU Juncker: It's up to Spain to Ask for Assistance if Needed 
EU Juncker: Limits to European Solidarity Haven't Been Reached
EU Juncker: Usually Easier to Work With US Presidents in Their Second Term 

13. Bharti Airtel 2Q Net Profit INR7.21 Bln
Bharti Airtel 2Q Net Profit INR7.21 Bln Vs INR10.27 Bln
Bharti Airtel 2Q Sales INR202.73B Vs INR172.70B
Bharti Airtel 2Q Consolidated Ebitda Margin at 31.3%
Bharti Airtel 2Q India Business Average Revenue/User INR177 Vs INR183
Bharti Airtel 2Q Africa Business Average Revenue/User $6.4 Vs $7.3
Bharti Airtel 2Q Forex Loss INR250 Mln

12. SATS Target Raised To S$2.82 From S$2.61 By CIMB

11. Hutchison Port Holdings Trust Target Cut To US$0.68 Vs US$0.72 By Citigroup

10. SATS Target Raised To S$2.35 From S$2.10 By Citigroup

9. SATS Target Raised To S$2.64 From S$2.40 By UOB KayHian

8. Ezion Holdings Target Raised To S$2.00 From S$1.87 By UOB KayHian

7. SATS Target Raised To S$2.94 From S$2.65 By Phillip Securities

6. SATS Fair Value Raised To S$2.65 From S$2.55 By OCBC

5. United Envirotech Fair Value Raised To S$0.67 From S$0.50 By OCBC

4. Ezion Holdings Fair Value Raised To S$1.70 From S$1.53 By OCBC

3. SATS Target Raised To S$3.22 From S$3.04 By Maybank-Kim Eng

2. Ezion Holdings Target Raised To S$1.85 From S$1.66 By Maybank-Kim En

1. The Dow Jones industrial average .DJI was up 133.08 points, or 1.02 percent, at 13,245.52. The Standard & Poor's 500 Index .SPX was up 11.09 points, or 0.79 percent, at 1,428.35. The Nasdaq Composite Index .IXIC was up 12.27 points, or 0.41 percent, at 3,011.93