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SapuraCrest: Buy, target price RM3.12Thursday, September 2, 2010 @ 11:49AMAMRESEARCH Sdn Bhd reiterated its "Buy" call on SapuraCrest Petroleum Bhd (8575)with an unchanged fair value of RM3.12 per share based on a 2010 forecast price earnings of 22 times. The research house said the company remains the top pick in the oil and gas sector given its dominant position in Malaysia's pipe-laying/off shore installation services and tender rig market. "SapuraCrest also has a ...

Louisville gas prices jumpThursday, September 2, 2010 @ 11:49AMLouisville-area gas prices were higher Thursday morning, reaching $2.80 per gallon at many stations one day after oil prices surged along with the stock market.

Kencana Petroleum: Maintain Buy, target price RM2.06Thursday, September 2, 2010 @ 11:49AMOSK Research's target price for Kencana Petroleum Bhd (5122) remains unchanged at RM2.06 based on a calendarised price earnings ratio of 16 times financial year 2011 earnings per share. Maintaining its "Buy" call on the stock, the research house said the company remains its top pick for the oil and gas sector. "We like its strong delivery track record, which we think puts it in a position to ...

Yemen bourse authority plan aims to draw investmentThursday, September 2, 2010 @ 11:48AMSource: Reuters * Securities exchange authority plan approved by parliament * Lawmakers to change laws in hopes of joining WTO * Efforts to improve economy threatened by security risks By Mohammed Ghobari ...

30m Shin Yang shares traded off-marketThursday, September 2, 2010 @ 11:48AMSHIN Yang Shipping Corp Bhd (5173), the country's biggest non-national shipping operator, had 30 million shares traded in the offmarket yesterday in a deal valued at RM33.23 million. The block represents 2.5 per cent of Shin Yang. Some 22.5 million shares exchanged hands at RM1.11 apiece, while the second block of 7.5 million shares was sealed at RM1.10 apiece. The transaction comes just days ...

Discounts, heat fuel August US retail sales beatThursday, September 2, 2010 @ 11:47AMDiscounts, heat fuel August US retail sales beat

Jiangling Motors, Vanke, ICBC: China Stock-Market PreviewThursday, September 2, 2010 @ 11:47AMThe following companies may have unusual price changes in China trading. Stock symbols are in parentheses, and share prices are as of the last close.

CBOE was the center of a price-target cut at BMO CapitalThursday, September 2, 2010 @ 11:46AMMedical device maker Boston Scientific Corporation (BSX), options exchange issue CBOE Holdings, Inc...( Read More )

Retail Stocks: Retail stocks push higher on upbeat August salesThursday, September 2, 2010 @ 11:46AMRetail stocks extend recent gains, buoyed by a strong batch of sales numbers from a sector benefiting from increased promotions and ramped-up back-to-school spending.