DJIA 8,835.25 (+552.59)

• F&N Off 6.2% at S$3.05 Ahead Of Full-Yr Results; S$3 Floor
• Yanlord Off 8.3% at S$0.715; Macquarie Cuts Target Price
• Credit Suisse downgrades Straits Asia Resources to Neutral from Outperform, cuts target price to S$1.25 from S$1.90 following disappointing 3Q08 results.
• Olam International 1Q Net Profit S$14.9M Vs S$9.2M
• City Devt Target Cut To S$6.4 From S$7.26 By Credit Suisse
• Genting Intl Flat, Underperforms Mkt On Weak 3Q, cuts target price to S$0.36 from S$0.45
• Yongnam +14.3% On Strong 3Q Results; S$0.085
• Straits Asia Resources Target Cut To S$1.25 Vs S$2.25 By OCBC
• Tat Hong Cut To Underperform From Hold By Daiwa
• UOB Target Cut To S$16.00 From S$18.60 By UBS
• OCBC Target Cut To S$5.32 From S$7.10 By UBS
• DBS Target Cut To S$15.30 From S$20.00 By UBS
• SingTel Target Cut To S$2.70 From S$3.20 By Citigroup
• ComfortDelGro Target Cut To S$1.25 From S$1.44 By Citigroup
• First Resources Target Cut To S$0.54 Vs S$1.09 By Citigroup
• Genting Target Cut To S$0.29 From S$0.49 By JPMorgan