London close: Stocks take a breather after last week's surge
13th May 2024 15:36
(Sharecast News) - London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning streak that propelled the FTSE 100 to a new all-time high.
Read moreBofA Merrill Lynch downgrades BAE Systems
13th May 2024 12:59
(Sharecast News) - BAE Systems was under the cosh on Monday after Bank of America Merrill Lynch downgraded shares of the defence company to 'neutral' from 'buy'.
Read moreLondon close: Stocks manage gains as BoE holds rates
9th May 2024 15:21
(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.
Read moreBAE holds guidance, sees boost from global tensions
9th May 2024 07:02
(Sharecast News) - Weapons maker BAE Systems held annual guidance and said global geopolitical tensions should boost orders as countries increased defence spending.
Read moreSector movers: Aerospace and Defence, Pharma pace gains
8th May 2024 19:10
(Sharecast News) - London's main stock market gauges continued to push higher in the middle of the week, even as investors waited on the Bank of England's policy announcement on the following day.
Read moreBAE, 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 moreBAE 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 moreLondon 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 moreBAE 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 moreDirector 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 moreCiti 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 moreLondon 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 moreBAE 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 moreBAE 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 moreLondon 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.
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