BAE, QinetiQ could benefit from $95bn US aid package, says JPMorgan

22nd Apr 2024 10:45

(Sharecast News) - UK-listed defence peers BAE Systems and QinetiQ could both benefit from the recent passing of a $95.3bn US aid package to Ukraine, Israel and Indo-Pacific partners.

Read more

BAE Systems 'still riding high', says Deutsche Bank

12th Apr 2024 09:16

(Sharecast News) - Deutsche Bank has hiked its target price for BAE Systems and maintained a 'buy' rating on the aerospace and defence stock, saying that recent growth momentum is likely to continue.

Read more

London close: Stocks slip ahead of ECB, US inflation print

9th Apr 2024 15:12

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

Read more

BAE Systems selected by Australian govt to build nuclear powered submarines

21st Mar 2024 15:05

(Sharecast News) - BAE Systems said on Thursday that it and ASC Pty Ltd have been selected by the Australian government to build the country's new fleet of nuclear powered submarines.

Read more

Director dealings: BAE Systems chair makes share purchase

20th Mar 2024 15:02

(Sharecast News) - BAE Systems revealed on Wednesday that chair Cressida Hogg had acquired 13,698 ordinary shares in the FTSE 100-listed weapons manufacturer.

Read more

Citi reinstates 'neutral' rating on BAE Systems

8th Mar 2024 12:56

(Sharecast News) - Analysts at Citi reinstated their 'neutral' rating on defence group BAE Systems on Friday, updating its forecasts following the company's acquisition of Ball Aerospace.

Read more

London close: Stocks mixed ahead of Fed minutes, Nvidia results

21st Feb 2024 15:01

(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors awaited updates from the US Federal Reserve and results from AI chipmaker Nvidia.

Read more

BAE beats forecasts, sees 10% sales rise amid global tensions

21st Feb 2024 07:26

(Sharecast News) - BAE Systems reported better-than-expected full-year profits and said sales would grow further this year as the rise in geopolitical tensions drove increases in military spending by governments.

Read more

BAE Systems gets regulatory approvals for £4.4bn Ball Aerospace deal

14th Feb 2024 13:14

(Sharecast News) - BAE Systems said on Wednesday that it has now received all regulatory approvals necessary for its £4.4bn acquisition of Ball Aerospace from Ball Corporation and that the deal should complete in the coming days.

Read more

London close: Stocks turn sour in afternoon trading

9th Feb 2024 15:15

(Sharecast News) - London's markets turned lower on Friday afternoon, concluding a volatile week on a negative note.

Read more

London close: Stocks turn weaker ahead of busy week for earnings

29th Jan 2024 17:25

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

Read more

Air Astana set to raise $120m by floating in London and Kazakhstan

29th Jan 2024 07:51

(Sharecast News) - Air Astana, the flag carrier of Kazakhstan part-owned by BAE Systems that is applying for a dual listing in London and Almaty next month, has set a price for its IPO which is expected raise gross proceeds of $120m.

Read more

London close: Stocks manage gains after deluge of updates

18th Jan 2024 15:14

(Sharecast News) - London's stock markets managed a positive finish amid subdued trading activity on Thursday, with investors digesting a plethora of corporate news.

Read more

London midday: Stocks reverse gains to turn lower at lunchtime

28th Dec 2023 12:27

(Sharecast News) - London's stock markets had turned negative by lunchtime on Thursday, reflecting a subdued trading environment during the typically quiet period between Christmas and New Year.

Read more

Berenberg raises target price on BAE Systems

20th Dec 2023 09:22

(Sharecast News) - Analyst at Berenberg raised their target price on aerospace and defence firm BAE Systems from 1,170.0p to 1,220.0p on Wednesday, stating the group was primed for "another good year".

Read more