DJIA 7,062.93 (-119.15)

• CapLand Off 9.1% at S$1.80; Dilution, Weak Ppty Mkt Weigh
• Wilmar +1.7% at S$2.93, Bucks Mkt; Earnings Resilient -CIMB
• Noble-Gloucester Bid Better Than Whitehaven, A$4.85-a-share cash offer for Gloucester Coal -ML
• UOB Dn 6.2% at S$9.37;Brokers Cut Targets Post FY08 Results
• Asian Shares Drop On Bank Woes; Nikkei Falls 3.2%
• Swiber Off 9.8% at S$0.415; 4Q08 Results "Horrendous" - DBSV
• Li Heng Off 3.6% at S$0.135; Incurs 4Q08 CNY8.7M Loss
• Yongnam May Outperform; FY08 Results "Strong" -CS maintains Neutral rating, ups target price to S$0.11 from S$0.09
• STX Pan Ocean Target Cut To S$4.40 From S$7.00 By HSBC
• Yanlord Target Raised To S$0.57 From S$0.50 By Macquarie
• OCBC Target Cut To S$4.25 From S$4.80 By Citi; Keeps Sell
• UOB Cut To Neutral From Overweight By HSBC; S$10.00 Target
• UOB Target Cut To S$10.30 From S$13.90 By BNP Paribas
• Cosco To Delay Delivery Of 3 Vessels To Asian Shipping Co
• Cambridge REIT Started At Hold By ABN Amro; S$0.23 Target