ST Engineering (STE)

SINGAPORE (Sept 14): Shares in ST Engineering surged 22 cents or 6.7% to $3.51 this morning after Thursday night’s news that the defence and engineering company was acquiring MRA Systems (MRAS) for a record US$630 million ($864 million) drew positive re

SINGAPORE (Sept 7): ST Engineering has incorporated a new company, Keystone 5 in Singapore as a wholly-owned subsidiary of Keystone Holdings (Global) with a paid up capital of US$1 ($1.38).

SINGAPORE (Sept 6): ST Engineering isn’t showing any sign of easing off when it comes to clinching contracts.

SINGAPORE (May 14): RHB Research is keeping its “buy” call on ST Engineering (STE) with an unchanged target price of $4.04 despite a 1Q18 that came in slightly below expectations.

SINGAPORE (Mar 13): ST Engineering will host an investor day meeting on Mar 22 where management is expected to give an update on its strategic direction and earnings outlook.

SINGAPORE (Feb 20): Singapore ended 2017 with a bumper budget surplus of $9.6 billion, the highest in the last 20 years.

SINGAPORE (Nov 9): ST Engineering (STE) is looking to robotics and other tech innovations to drive future growth amid unexciting near-term prospects.

SINGAPORE (Sept 19): ST Engineering’s corporate venture capital unit, ST Engineering Ventures, has made a Series B investment for a minority stake in Janus Technologies of US$5.8 million ($7.8 million).

SINGAPORE (Aug 14): DBS Group Research has downgraded Singapore Technologies Engineering (ST Engineering) to “hold” with a lower target price of $3.80, from “buy” with a $4.12 target previously, on the lack of near term growth momentum.

SINGAPORE (Jan 6): Here are some stocks that could move the market this Friday morning: