Sector movers: Defence stocks pace gains, BAE Systems keeps gaining altitude
28th Jun 2022 16:27
(Sharecast News) - Aerospace and Defence paced gains in the stockmarket on Tuesday as the NATO summit in Madrid got under way with shares of Babcock, Rolls-Royce and BAE Systems all catching a bid.
Read moreBarclays sees BAE Systems's order intake accelerating due to escalation in war
10th May 2022 13:24
(Sharecast News) - Analysts at Barclays reiterated their 'overweight' recommendation for shares of BAE Systems, predicting that the defence engineering firm's order intake would accelerate throughout 2022 due to the escalation of the conflict in Ukraine.
Read moreBAE Systems Q1 trading in line with expectations
5th May 2022 07:00
(Sharecast News) - Aerospace company BAE Systems said on Thursday that first-quarter trading was in line with expectations, with strong order intake and good operational performance being maintained throughout the period.
Read moreSector movers: Inflation worries drag on stocks, Defence issues wanted
11th Apr 2022 16:49
(Sharecast News) - Cyclical issues fared worst at the start of the week amid ongoing heightened concerns around the war in Ukraine and its potential duration.
Read moreSunday newspaper round-up: Biden, Beer, Royal Mail
27th Mar 2022 19:59
(Sharecast News) - The White House clarified comments from Joe Biden who earlier had called for Russian President Vladimir Putin's ouster. In a speech delivered in Poland, Biden said: ""For God's sake, this man cannot remain in power." A spokesman for the White soon after stated that US leader was not talking about 'regime change'. "The president's point was that Putin cannot be allowed to exercise power over his neighbours or the region," the spokesman explained. - The Sunday Times
Read moreJPMorgan upgrades Qinetiq as it looks at European defence sector
28th Feb 2022 10:28
(Sharecast News) - JPMorgan Cazenove upgraded Qinetiq on Monday as it said Russia's invasion of Ukraine has "fundamentally changed" the landscape for the European defence sector.
Read moreSunday share tips: Made.com, Geopolitical storm survivors
27th Feb 2022 16:23
(Sharecast News) - The Sunday Times's Sabah Meddings told readers to 'buy' shares of Made.com, predicting that the online furniture retailer would profit from easing supply snags and still high demand from millennials Europeans too.
Read moreJPMorgan upgrades BAE Systems on Ukraine crisis
25th Feb 2022 08:35
(Sharecast News) - JPMorgan Cazenove upgraded BAE Systems on Friday to 'neutral' from 'underweight' and upped the price target to 630p from 555p as it argued that Russia's invasion of Ukraine has changed the defence landscape.
Read moreBAE Systems earnings rise, upbeat on outlook
24th Feb 2022 07:53
(Sharecast News) - Defence company BAE Systems reported a rise in full-year earnings on Thursday as it struck an upbeat note on the outlook.
Read moreThursday preview: EU leaders' summit, BAE Systems in focus
23rd Feb 2022 11:24
(Sharecast News) - In all likelihood, all eyes on Thursday will be on the ongoing crisis in Ukraine, with investors trying to anticipate what the next turn in events might hold.
Read moreJPMorgan downgrades BAE Systems, Qinetiq
14th Dec 2021 10:13
(Sharecast News) - JPMorgan Cazenove downgraded Qinetiq and BAE Systems on Tuesday as it took a look at the European aerospace and defence sector.
Read moreBAE to buy US training software maker for undisclosed sum
11th Nov 2021 08:36
(Sharecast News) - BAE Systems said it had reached a deal to buy Bohemia Interactive Simulations, a developer of advanced military simulation and training software for an undisclosed sum.
Read moreBAE holds guidance, sees benefits from AUKUS submarines deal
8th Nov 2021 07:49
(Sharecast News) - UK defence contractor BAE Systems maintained guidance for annual earnings growth and said the recent controversial pact agreed between Britain, Australia and US could be beneficial.
Read morePalantir elbows out BAE Systems and Raytheon for U.S. Army contract
6th Oct 2021 15:56
(Sharecast News) - Palantir elbowed out Raytheon and BAE Systems to clinch a contract with the U.S. Army to refresh part of the core of its intelligence network.
Read moreBAE announces £500m buyback as profit surges
29th Jul 2021 07:08
(Sharecast News) - BAE Systems increased its dividend and announced a £500m share buyback as the arms and aerospace company reported a 61% increase in first-half profit.
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