Del Monte Pacific, Trendlines, Swiber, Spackman, Olam

SINGAPORE (Dec 7): Here are some factors and stocks that could move the market this Wednesday morning:

Del Monte Pacific posted earnings of US$20.2 million ($28.7 million) for 2QFY17, a 57.8% decrease from 2QFY16. The group had incurred a one-off gain of US$33.4 million in 2QFY16, from an amendment in the group’s retirement plan. Group revenue for the quarter to October was US$636.2 million, down 5% from 2QFY16.

Gordian Surgical, a medical portfolio company of Trendlines Group, has completed a recent financing round of US$2.25 million ($3.2 million). Concurrently, Gordian announced it received FDA clearance for its TroClose1200 device. Shares of Trendlines closed 2.44% lower at 16 cents on Tuesday.

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