Citi reiterates 'buy' rating on BAE Systems
2nd Dec 2024 08:14
(Sharecast News) - Citi reiterated its 'buy' recommendation on BAE Systems on Monday after the shares slumped on Friday on the back of a downgrade by Bank of America Merrill Lynch.
Read moreLondon close: Stocks finish November on flat note
29th Nov 2024 15:45
(Sharecast News) - London's equity markets ended just above the waterline on Friday, as investors processed a raft of UK economic data and developments in the corporate sector.
Read moreSunday newspaper round-up: Kursk, AstraZeneca, BAE Systems
17th Nov 2024 18:14
(Sharecast News) - America's President has authorised Ukraine to employ long-range ATACMS supplied by the US to strike targets inside Russia. More specifically, Kyiv will now be allowed to strike targets within the Kursk region, the New York Times reported. Speculation may increase that permission from Britain, the US and France to do the same with Storm Shadow missiles could follow. Joe Biden's decision is said to have been triggered by the appearance of North Korean troops in the Kursk region. - The Sunday Telegraph
Read moreLondon close: Stocks sink as UK jobless rate rises
12th Nov 2024 16:39
(Sharecast News) - London stocks fell sharply on Tuesday as investors digested recent UK employment data alongside broader market reactions to Donald Trump's US presidential victory last week.
Read moreBAE holds guidance, sees growth from global tensions
12th Nov 2024 07:48
(Sharecast News) - UK arms maker BAE Systems held annual guidance adding that its order book reflected demand from governments for weaponry amid increasing global tensions.
Read moreLondon close: Stocks mixed as Chancellor unveils tax hikes
30th Oct 2024 14:57
(Sharecast News) - London stocks saw mixed results on Wednesday as investors weighed the impact of the £40bn worth of tax rises announced by Rachel Reeves in her first Budget as Chancellor.
Read more'No nuclear risk' from fire at BAE Systems shipyard
30th Oct 2024 08:59
(Sharecast News) - Shares in BAE Systems were in the red on Wednesday morning, as emergency services dealt with a fire at its Barrow-in-Furness nuclear submarine shipyard, briefly hospitalising two people and leading to the evacuation of the facility's main building, Devonshire Dock Hall.
Read moreLondon close: Stocks mixed after barrage of corporate updates
24th Oct 2024 09:37
(Sharecast News) - London's stock markets ended Thursday with mixed results, with the top-flight index held aloft by strong earnings reports from major companies like Unilever and Barclays, as investors digested a slew of US data.
Read moreSector movers: Defence shares drag on market amid investor caution
3rd Sep 2024 00:54
(Sharecast News) - The FTSE 350 started the month of September on a down note with Defence issues weakest as analysts acted on the sector's lofty valuation.
Read moreLondon close: Stocks finish higher on quiet Monday
19th Aug 2024 14:29
(Sharecast News) - London's stock markets managed to close higher on Monday, reversing earlier losses despite a lack of significant corporate or macroeconomic news.
Read moreSunday newspaper round-up: TalkTalk, Apple, Andrew Bailey
4th Aug 2024 13:01
(Sharecast News) - Contacts between TalkTalk and Macquarie aimed at a £450m investment by the latter in its wholesale unit, known as PlatformX, have run into a wall. The news comes as TalkTalk races to refinance its £1bn debt pile in August, which is comprised of a £330m revolving credit facility maturing in November and a £685m loan falling due in February. TalkTalk was set to be seeking a £1.5bn valuation and Sky News reported that Macquarie wanted a 40% stake in PlatformX. The Australian investment bank was still interested but talks had stalled. TalkTalk founder Sir Charles Dunstone was scheduled to meet with banks and bondholders on Monday. - The Sunday Times
Read moreBAE Systems lifts full-year guidance as H1 earnings rise
1st Aug 2024 08:25
(Sharecast News) - Defence and aerospace firm BAE Systems lifted its full-year guidance on Thursday as it posted a jump in underlying sales and earnings for the first half.
Read moreThursday preview: BoE rate decision, BAE Systems in focus
31st Jul 2024 12:07
(Sharecast News) - Investors' focus on Thursday will be squarely on an anticipated interest rate reduction by the Bank of England.
Read moreSunday newspaper round-up: Chancellor, Tempest, Revolut
28th Jul 2024 11:29
(Sharecast News) - The Chancellor's first day at work saw staffers deliver a blunt summary of the realities facing her department. The biggest surprise was the rapidly growing £4bn annual bill for housing illegal immigrants. Reeves was also told of the inflation-busting public sector pay recommendations from pay review bodies for multiple key sectors, including teachers and NHS staff. The briefings left her infuriated at how the Tories had been playing with the theme of tax cuts despite the presence of a "gaping black hole" in the public finances, a senior government source said. - The Sunday Times
Read moreJPMorgan lifts BAE Systems price target, points to 'exciting' list of potential new contracts
21st Jun 2024 07:56
(Sharecast News) - JPMorgan Cazenove lifted its price target on BAE Systems on Friday to 1,500p from 1,400p as it pointed to an exciting list of potential new contracts.
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