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December 3, 2008



OCBC Cuts UOB To Hold From Buy; S$17.70 F/V

0859 [Dow Jones] STOCK CALL: OCBC cuts UOB (U11.SG) to Hold from Buy as stock trading at brokerage's fair value of $17.70; 3Q results are "fairly in line with our expectations with improvement in loans growth, margin and net interest income" but downgrades rating as shares have "appreciated 19 per cent within a period of less than 3 months."

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Harleysville Group CEO Adopts a 10b5-1 Trading Plan

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