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STOCKS NEWS SINGAPORE-OCBC, DBS cut Sembcorp Marine target
Shares of Sembcorp Marine Ltd fell as much as 5 percent after the rig builder's quarterly earnings declined 25 percent and brokers lowered their target prices. OCBC Investment Research cut its target price to S$5.12 from S$5.70, but kept its hold rating, as it lowered its operating margins assumptions for 2012. However, the broker cited Sembcorp's management as saying enquiries for deepwater rigs
Shares of Sembcorp Marine Ltd fell as much as 5 percent after the rig builder's quarterly earnings declined 25 percent and brokers lowered their target prices. OCBC Investment Research cut its target price to S$5.12 from S$5.70, but kept its hold rating, as it lowered its operating margins assumptions for 2012. However, the broker cited Sembcorp's management as saying enquiries for deepwater rigs
Chiquita, Macy's, AOL are market movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
Mother's Day don'ts: dish gloves, anti-aging cream
New York: What were they thinking? Through plastic smiles or gritted teeth, moms have to suck it up sometimes when Mother's Day means a gifted toilet, unsolicited wash tub or anti-aging cream.It
New York: What were they thinking? Through plastic smiles or gritted teeth, moms have to suck it up sometimes when Mother's Day means a gifted toilet, unsolicited wash tub or anti-aging cream.It
Golden outlook
Holding parties to celebrate the success of a company's debut on the stock market has become common practice. But a newly listed gold jewellery retailer went one step ahead and hosted a
People will see the power of JM network in the next 5-7 years: Vishal Kampani
The recent silver streaks in the wavy, thick black mop belie his boyish features, but it lends an air of sobriety and gravitas. If Vishal Kampani is stepping into the big shoes of his father—
Retail investors go for debt over equity funds
The financial year ending March 2012 saw a visible trend of investors’ affinity for debt funds at a time when the equity markets remained weak and volatile.
The financial year ending March 2012 saw a visible trend of investors’ affinity for debt funds at a time when the equity markets remained weak and volatile.
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