Latest news for SIA Engineering Co (OTC:SEGSF) Stock

SIA Engineering Co Ltd and its subsidiaries maintain, repair, and overhaul aircraft for many airlines. The company is organized into two segments: airframe/line maintenance and engine/component. The airframe and line maintenance segment provides airframe maintenance, line maintenance, and inventory technical management. These services include scheduled routine maintenance and overhaul, specialised and non-routine maintenance, modification and refurbishment programmes. Line maintenance provides aircraft certification and technical ground handling services such as pushback and towing, and the provision of aircraft ground support equipment and rectification work. The engine and component segment provides component overhaul and engine repair and overhaul services.

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US Stock Futures Flat; All Eyes On Fed Minutes

SIA ENGINEERNG CO LTD by SIA Engineering Company Ltd.

SIA Engineering Co Ltd

Pre-open movers
US stock futures traded mostly flat in early pre-market trade. The Federal Open Market Committee will issue minutes of its latest meeting at 2:00 p.m. ET. Futures for the Dow Jones Industrial Average dropped 5 points to 16,855.00, while the Standard &amp; Poor's 500 index futures rose 0.30 points to 1,960.70. Futures for the Nasdaq 100 index gained 2 points to 3,865.25.
A Peek Into Global Markets
European markets were lower today, with the Spanish Ibex Index dropping 0.06%, STOXX Europe 600 Index declining 0.31%. German DAX 30 index fell 0.04%, French CAC 40 Index declined 0.07% and London's FTSE 100 Index dropped 0.56%.
In Asian markets, Japan's Nikkei Stock Average fell 0.08%, Hong Kong's Hang Seng Index declined 1.55%, China's Shanghai Composite Index tumbled 1.23% and India's BSE Sensex dipped 0.54%. China's consumer price index rose 2.3% y/y in June, while the producer price index declined 1.1% y/y in June.
Broker Recommendation
Analysts at HSBC upgraded Schlumberger NV (NYSE: <a class="ticker" href="/stock/slb#NYSE">SLB</a>) from “neutral” to “overweight.” The target price for Schlumberger has been raised from $105 to $135. 
Schlumberger's shares closed at $116.75 yesterday. 
Breaking news 
<ul>
<li> Michael Kors (NYSE: <a class="ticker" href="/stock/kors#NYSE">KORS</a>) is pleased to announce that Mark Brashear has been named to the newly created role of President of Men's. To read the full news, <a href="http://www.benzinga.com/pressreleases/14/07/b4689363/michael-kors-names-mark-brashear-president-of-mens">click here. </a></li>
<li> Lexicon Pharmaceuticals (NASDAQ: <a class="ticker" href="/stock/lxrx#NASDAQ">LXRX</a>) announced today that JDRF, the world's largest non-profit supporter of type 1 diabetes (T1D) research, will provide funding to support a Phase 2, randomized, double-masked, placebo-controlled clinical trial to evaluate the efficacy and safety of LX4211 in a younger population with T1D. To read the full news, <a href="http://www.benzinga.com/news/14/07/4689384/lexicon-and-jdrf-collaborate-for-phase-2-clinical-trial-of-lx4211-in-type-1-diabe">click here.</a></li>
<li> Boeing (NYSE: <a class="ticker" href="/stock/ba#NYSE">BA</a>) is enhancing its support to customers in Southeast Asia through a joint venture in Singapore with SIA Engineering Company (OTC: <a class="ticker" href="/stock/segsf#OTC">SEGSF</a>). To read the full news, <a href="http://www.benzinga.com/pressreleases/14/07/n4689331/boeing-expands-maintenance-support-to-customers-in-southeast-asia">click here.</a></li>
<li> Ultragenyx Pharmaceutical (NASDAQ: <a class="ticker" href="/stock/rare#NASDAQ">RARE</a>) today announced the pricing of its underwritten public offering of 2,017,349 shares of its common stock at a price to the public of $40.00 per share, before underwriting discounts. To read the full news, <a href="http://www.benzinga.com/pressreleases/14/07/g4688771/ultragenyx-announces-pricing-of-public-offering-of-common-stock">click here.</a></li>
</ul>

Boeing (NYSE: <a class="ticker" href="/stock/ba#NYSE">BA</a>) is enhancing its support to customers in Southeast Asia through a joint venture in Singapore with SIA Engineering Company (OTC: <a class="ticker" href="/stock/segsf#OTC">SEGSF</a>). Boeing and SIAEC signed an agreement today to form Boeing Asia Pacific Aviation Services, which will provide industry-leading engineering, spare parts, and repair and maintenance services for Boeing airplanes.
"Boeing is focused on giving our customers superior support and every competitive advantage in the marketplace," said Boeing Commercial Airplanes president and CEO Ray Conner. "Through this joint venture, customers of Boeing GoldCare and other operators of Boeing airplanes will now have access to an even broader range of world-class support and services, competitively priced and located in one of aviation's fastest-growing markets. We look forward to a closer partnership with SIA Engineering Company, which is widely recognized for outstanding quality and customer service, as part of our ongoing efforts to give our customers a competitive edge in the marketplace."&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
Boeing has signed contracts for maintenance and engineering services to cover Scoot's fleet of 20 787 Dreamliners currently on order and Singapore
 <a href="http://www.benzinga.com/pressreleases/14/07/n4689331/boeing-expands-maintenance-support-to-customers-in-southeast-asia">See full press release</a>

Contracts

UPDATE: Boeing Expands Maintenance Support to Customers in Southeast Asia 

Boeing, SAI Engineering to Form Joint Venture in Singapore; Boeing to Hold 51% Stake 

Suvro Sarkar, an analyst from DBS, maintained the Buy rating on SIA Engineering Co (SEGSF – Research Report). The associated price target remains t...

Buy Rating for SIA Engineering: Strong Technological Capabilities and Growth Prospects Amidst Aviation Recovery

SIA Engineering Co (SG:S59) has released an update. SATS, SIA Engineering Company, and Changi Airport Group have embarked on a two-year project to ...

Changi Airport Trials Autonomous Buses in Smart Nation Push

Analyst Roy Chen of UOB Kay Hian maintained a Buy rating on SIA Engineering Co (SEGSF – Research Report), retaining the price target of S$2.70. Roy...

Maintained Buy Rating for SIA Engineering Co: A Positive Outlook Despite 1QFY25 Earnings Miss

SIA Engineering Co (SG:S59) has released an update. SIA Engineering Company Limited successfully conducted its 42nd Annual General Meeting (AGM) wi...

SIA Engineering Holds 42nd AGM in Singapore

SIA Engineering Company: An Attractive Business But With Stretched Valuation

SIA Engineering Co (SG:S59) has released an update. Eaton and SIA Engineering Company (SIAEC) celebrated the unveiling of their joint venture's new...

Eaton-SIAEC Joint Venture Strengthens MRO Presence

SIA Engineering Co (SG:S59) has released an update. SIA Engineering (Philippines) Corporation (SIAEP) has become the first in Asia-Pacific to be na...

SIA Engineering Spearheads E2 Jet Services in Asia-Pacific

SIA Engineering Co (SG:S59) has released an update. JADE Engineering, a subsidiary of SIA Engineering Co, in partnership with Singapore Polytechnic...

JADE Engineering Unveils New Aviation Safety Lab

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Insperity (NSP – Research Report), Leonardo Drs (DRS – Rese...

Analysts Offer Insights on Industrial Goods Companies: Insperity (NSP), Leonardo Drs (DRS) and SIA Engineering Co (OtherSEGSF)

SIA Engineering Co (SG:S59) has released an update. SIA Engineering Company has entered into a Framework Agreement with Xiamen Iport Group to poten...

SIA Engineering Eyes Expansion with Chinese Partnership

SIA Engineering Co

Pre-open movers

US stock futures traded mostly flat in early pre-market trade. The Federal Open Market Committee will issue minutes of its latest meeting at 2:00 p.m. ET. Futures for the Dow Jones Industrial Average dropped 5 points to 16,855.00, while the Standard & Poor's 500 index futures rose 0.30 points to 1,960.70. Futures for the Nasdaq 100 index gained 2 points to 3,865.25.


A Peek Into Global Markets

 
European markets were lower today, with the Spanish Ibex Index dropping 0.06%, STOXX Europe 600 Index declining 0.31%. German DAX 30 index fell 0.04%, French CAC 40 Index declined 0.07% and London's FTSE 100 Index dropped 0.56%.

In Asian markets, Japan's Nikkei Stock Average fell 0.08%, Hong Kong's Hang Seng Index declined 1.55%, China's Shanghai Composite Index tumbled 1.23% and India's BSE Sensex dipped 0.54%. China's consumer price index rose 2.3% y/y in June, while the producer price index declined 1.1% y/y in June.

Broker Recommendation

Analysts at HSBC upgraded Schlumberger NV (NYSE: <a class="ticker" href="/stock/slb#NYSE">SLB</a>) from “neutral” to “overweight.” The target price for Schlumberger has been raised from $105 to $135. 

Schlumberger's shares closed at $116.75 yesterday. 
 
Breaking news 
<ul>
<li> Michael Kors (NYSE: <a class="ticker" href="/stock/kors#NYSE">KORS</a>) is pleased to announce that Mark Brashear has been named to the newly created role of President of Men's. To read the full news, <a href="http://www.benzinga.com/pressreleases/14/07/b4689363/michael-kors-names-mark-brashear-president-of-mens">click here. </a></li>
 
<li> Lexicon Pharmaceuticals (NASDAQ: <a class="ticker" href="/stock/lxrx#NASDAQ">LXRX</a>) announced today that JDRF, the world's largest non-profit supporter of type 1 diabetes (T1D) research, will provide funding to support a Phase 2, randomized, double-masked, placebo-controlled clinical trial to evaluate the efficacy and safety of LX4211 in a younger population with T1D. To read the full news, <a href="http://www.benzinga.com/news/14/07/4689384/lexicon-and-jdrf-collaborate-for-phase-2-clinical-trial-of-lx4211-in-type-1-diabe">click here.</a></li>
 
<li> Boeing (NYSE: <a class="ticker" href="/stock/ba#NYSE">BA</a>) is enhancing its support to customers in Southeast Asia through a joint venture in Singapore with SIA Engineering Company (OTC: <a class="ticker" href="/stock/segsf#OTC">SEGSF</a>). To read the full news, <a href="http://www.benzinga.com/pressreleases/14/07/n4689331/boeing-expands-maintenance-support-to-customers-in-southeast-asia">click here.</a></li>
 
<li> Ultragenyx Pharmaceutical (NASDAQ: <a class="ticker" href="/stock/rare#NASDAQ">RARE</a>) today announced the pricing of its underwritten public offering of 2,017,349 shares of its common stock at a price to the public of $40.00 per share, before underwriting discounts. To read the full news, <a href="http://www.benzinga.com/pressreleases/14/07/g4688771/ultragenyx-announces-pricing-of-public-offering-of-common-stock">click here.</a></li>
</ul>

Boeing (NYSE: <a class="ticker" href="/stock/ba#NYSE">BA</a>) is enhancing its support to customers in Southeast Asia through a joint venture in Singapore with SIA Engineering Company (OTC: <a class="ticker" href="/stock/segsf#OTC">SEGSF</a>). Boeing and SIAEC signed an agreement today to form Boeing Asia Pacific Aviation Services, which will provide industry-leading engineering, spare parts, and repair and maintenance services for Boeing airplanes.

"Boeing is focused on giving our customers superior support and every competitive advantage in the marketplace," said Boeing Commercial Airplanes president and CEO Ray Conner. "Through this joint venture, customers of Boeing GoldCare and other operators of Boeing airplanes will now have access to an even broader range of world-class support and services, competitively priced and located in one of aviation's fastest-growing markets. We look forward to a closer partnership with SIA Engineering Company, which is widely recognized for outstanding quality and customer service, as part of our ongoing efforts to give our customers a competitive edge in the marketplace."&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 

Boeing has signed contracts for maintenance and engineering services to cover Scoot's fleet of 20 787 Dreamliners currently on order and Singapore
 
 <a href="http://www.benzinga.com/pressreleases/14/07/n4689331/boeing-expands-maintenance-support-to-customers-in-southeast-asia">See full press release</a>

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Latest news for SIA Engineering Co (OTC:SEGSF) Stock

Wednesday, July 09, 2014

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