Investment Management
* DBS Group Holdings Ltd. ended a bid to acquire PT Bank Danamon Indonesia for $6.5 billion in what would have been Southeast Asia’s largest banking takeover after failing to win regulatory approval for a majority stake. * The agreement with Danamon’s biggest shareholder, Temasek Holdings Pte, will lapse after tomorrow’s deadline, Singapore- based DBS […]
* Infinity Pharmaceuticals, Inc. researches and develops cancer drugs. The Company uses small molecule drug technologies in the development of its products * Its lead product candidates include IPI-145 and IPI-443, inhibitors of the delta and gamma isoforms of phosphoinositide-3-kinase (PI3K); Retaspimycin HCl, a heat shock protein 90 inhibitor; and IPI-940, an inhibitor of fatty […]
* Fitch Revises Malaysia’s Outlook to Negative; Affirms Ratings * SocGen: Fitch’s Outlook Revision Negative for Ringgit; 1-mo. ringgit forwards will fall to 3.35/dlr after Fitch Ratings cut Malaysia’s outlook to negative from stable, Societe Generale strategist Wee-Khoon Chong says in research note • The revision “would only fuel further negative sentiment in Malaysia and […]
* Range Resources Corp (RRC) is an independant oil and gas ompany that explores, develops and acquires oil and gas properties. The Company conducts opeartions primarily in the Southwestern Appalachian and Gulf Coast Regions * On 22 Jan 2013, we advised to Buy Range Resources between $65 and $67. Target Price: $76. Time Horizon: 1 […]
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