0247 GMT [Dow Jones] Yangzijiang (BS6.SG) down 7.9% at 2-week low of S$0.41 as investors continue to lighten positions amid market weakness after chasing stock 74% higher last week since it bottomed out at S$0.27 in mid-October. DBS Vickers says stock’
0818 GMT [Dow Jones] Selling pressure on Singapore-listed China shares should ease in coming days given dwindling volume, says DBS Vickers
The Federal Reserve will provide up to US$540b in loans to help relieve pressure on money-market mutual funds beset by redemptions.
0113 GMT [Dow Jones] STOCK CALL: Deutsche Bank initiates Yangzijiang (BS6.SG) at Sell, sets S$0.21 target price. Broker warns stock very leveraged to shipbuilding supercycle reversal
(END) Dow Jones Newswires
October 15, 2008 20:12 ET (00:12 GMT)
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0647 GMT [Dow Jones] STOCK CALL: Credit Suisse upgrades Yangzijizang Shipbuilding (BS6.SG) to Neutral from Underperform. Notes earnings, cash flows visibility remains weak, "
(END) Dow Jones Newswires
October 13, 2008 20:31 ET (00:31 GMT)
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0203 GMT [Dow Jones] China’
0614 GMT [Dow Jones] STOCK CALL: CLSA upgrades Yangzijiang (BS6.SG) to Buy from Underperform as says recent share price fall overdone, S$0.64 target price unchanged. Says margin pressures easing as steel prices have retreated, labor costs expected to stop rising, shipbuilder’
(END) Dow Jones Newswires
October 08, 2008 00:37 ET (04:37 GMT)
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