UOB shares end 2.5% lower following JPMorgan’s downgrade
UOB shares declined by more than 3 per cent on Monday (Jan 26) morning, after hitting a new high last Friday. As at 9.05 am, the counter had slipped by over 2 per cent to S$38.43, before…
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downgrade
Trump moves to downgrade marijuana, breaking with GOP hardline stance
The days of Republicans’ hard stances against marijuana have seemingly gone up in smoke. On Thursday, President Trump signed an executive order to reschedule marijuana as a Schedule III…
Trump revives push to downgrade marijuana in federal drug laws
Marijuana might not be on the federal government's list of most restricted drugs for much longer. Source link
Analysts downgrade SingPost on lack of clarity on strategy and growth post-Australia divestment
OCBC Investment Research and Maybank Securities analysts have downgraded their calls on local postal service provider Singapore Post (SingPost) to “hold”, mainly due to a lack of recent…
Analysts downgrade SIA, cut price targets amid lower Q1 profit, Air India losses
Analysts downgraded their calls on Singapore Airlines (SIA) and slashed price targets for the national carrier after its profits plunged 58.8 per cent for its first quarter ended June. On…
SIA shares sink over 7% as analysts downgrade carrier on sharp Q1 profit drop
Analysts downgraded their calls on Singapore Airlines (SIA) and slashed price targets for the national carrier after its profit plunged 58.8 per cent for its first quarter ended June. The…
Some analysts downgrade CDL, reduce price target on boardroom tussle
ANALYSTS believe that the ongoing feud between CDL’s executive chairman Kwek Leng Beng and chief executive officer and his son, Sherman Kwek, could cause an overhang on the group’s share…
Boeing to raise up to US$22 billion to shore up finances, stave off downgrade
BOEING on Monday (Oct 28) launched a stock offering that could raise up to US$22 billion as the planemaker looks to strengthen its finances squeezed by an over month-long strike by its…