BAE Systems 1H Profit Soars, Expects Growth Despite Squeeze
29th Jul 2010 07:42
By Jonathan Buck Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. defense giant BAE Systems PLC (BA.LN) Thursday reported net profit soared in the first half, partly due to the strength of its support and services activities, and said it continues to expect to grow in 2010 despite the antici
Read moreLondon pre-open: Indecisive start
29th Jul 2010 07:33
Despite the barrage of results from FTSE 100 companies this morning London cannot make its mind up which direction to go in. City traders expect the blue-chip index to open barely changed. Royal Dutch Shell has trumped forecasts by almost doubling earnings in the second quarter, in stark contrast t
Read moreRolls Royce Revenues Up, But Profit Hit By Financing Costs
29th Jul 2010 07:24
By Steve McGrath Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. aircraft engine manufacturer Rolls-Royce Group PLC (RR.LN) Thursday said it expects profits before financing costs to rise moderately this year due to cost-cutting and a strong performance from its marine business. Rolls-R
Read moreBAE Systems maintains guidance
29th Jul 2010 07:01
Defence firm BAE Systems continues to expect revenue growth in 2010 despite the threat of cutbacks in government spending. The company saw sales grow 9% in the first half of 2010 to £10,643m from £9,747m the year before. On a like-for-like (LFL) basis, sales increased by 7%. Underlying earnings b
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING -2-
28th Jul 2010 12:50
0643 GMT [Dow Jones] KLCI +0.2% at 1355.21; local dealer says market remains in consolidation phase, sentiment remains positive; index "seems to be well supported at the 1350 level;" providing base for further gains, dealer says. Notes thin volume (380 million shares) today may keep index within 135
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
28th Jul 2010 12:50
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1150 GMT [Dow Jones] Execution Noble upgrades BAE Systems (BA.LN) to hold from sell as the stock nears the bottom of its 1
Read moreMARKET TALK: Execution Noble Ups BAE Systems To Hold Vs Sell
28th Jul 2010 12:50
1150 GMT [Dow Jones] Execution Noble upgrades BAE Systems (BA.LN) to hold from sell as the stock nears the bottom of its 10-year P/E valuation range, reflecting market anxiety about defence budgets, particularly in the UK. Says there is a limit to the downside potential from UK budget cuts. In addit
Read more2ndUPDATE: BAE, Rolls-Royce Get Over GBP700 Mln India Deal For Hawk Jets, Engines
28th Jul 2010 12:35
(Adds comments of British prime minister) By Dhanya Ann Thoppil and Santanu Choudhury Of DOW JONES NEWSWIRES BANGALORE (Dow Jones)--BAE Systems PLC (BAESY) and Rolls-Royce Group PLC (RYCEY) Wednesday received separate contracts valued at a combined more than GBP700 million to supply 57
Read moreUPDATE: BAE, Rolls-Royce Get Over GBP700 Mln India Deal For Hawk Jets, Engines
28th Jul 2010 11:41
(Recasts, adds comments from Rolls-Royce, details of contract) By Dhanya Ann Thoppil and Santanu Choudhury Of DOW JONES NEWSWIRES BANGALORE (Dow Jones)--BAE Systems PLC (BAESY) and Rolls-Royce Group PLC (RYCEY) Wednesday received separate contracts valued at a combined more than GBP700
Read moreRolls-Royce To Supply 57 Jet Trainer Aircrafts To India
28th Jul 2010 11:09
LONDON (Dow Jones)--Rolls-Royce Group PLC (RR.LN), a global power systems company, said Wednesday it has finalized the contract for the order of an additional 57 Adour-powered Hawk Advanced Jet Trainer aircraft for the Indian Air Force and Indian Navy. MAIN FACTS: -The Rolls-Royce engine con
Read moreSUBSCRIBERS: BAE Systems GBP500M India Order Already Reported
28th Jul 2010 11:05
Please disregard the headlines timed 1001 GMT-1002 GMT as this news was reported in full at 1000 GMT. (END) Dow Jones Newswires July 28, 2010 06:05 ET (10:05 GMT)
Read moreBAE Systems, Hindustan Aeronautics Sign Pact For Hawk Trainer Jets
28th Jul 2010 11:00
BANGALORE (Dow Jones)--U.K.'s BAE Systems PLC (BA.LN) has signed a deal worth more than GBP500 million to sell an additional 57 Hawk trainer jets to India for its air force and navy, said the head of its local unit Wednesday. "We have given a permanent license to HAL (Hindustan Aeronautics Ltd.)
Read moreUPDATE:India To Order 57 More Hawk Trainer Jets From BAE Systems
27th Jul 2010 15:42
(Adds more comments from Hindustan Aeronautics chairman, background) By Santanu Choudhury Of DOW JONES NEWSWIRES NEW DELHI (Dow Jones)--India is set to order an additional 57 Hawk trainer jets from the U.K.'s BAE Systems PLC (BA.LN) for its air force and navy, the chairman of state-run H
Read morePRESS RELEASE: BAE Systems to Modernize Destroyers Under U.S. Navy Ship Repair Contract
27th Jul 2010 15:20
BAE Systems to Modernize Destroyers Under U.S. Navy Ship Repair Contract NORFOLK, Va.--(BUSINESS WIRE)--July 27, 2010-- BAE Systems, Inc., a leading U.S. non-nuclear ship repair, modernization and conversion company, will modernize 11 Arleigh Burke (DDG 51) class guided missile destroyers under
Read moreIndia To Order 57 Additional Hawk Trainer Jets From BAE Systems
27th Jul 2010 15:12
By Santanu Choudhury Of DOW JONES NEWSWIRES NEW DELHI (Dow Jones)--India is set to order an additional 57 Hawk trainer jets from the U.K.'s BAE Systems PLC (BA.LN), the chairman of state-run Hindustan Aeronautics Ltd. said Tuesday. The order is valued at more than GBP700 million, of whi
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