BAE Systems Completes Atlantic Marine Holding Co Buy For $352M
14th Jul 2010 07:57
LONDON (Dow Jones)--Aerospace and defense firm, BAE Systems PLC (BA.LN) said Wednesday it has completed the acquisition of all of the stock of Atlantic Marine Holding Company for $352 million in cash. MAIN FACTS: -Atlantic Marine Holding Company is a vessel maintenance, repair, overhaul, and
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
14th Jul 2010 07:11
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0611 GMT [Dow Jones] Morgan Stanley downgrades BAE Systems (BA.LN) to equalweight from overweight and cuts target price to 37
Read moreMARKET TALK: Morgan Stanley Cuts BAE Systems To Equalweight
14th Jul 2010 07:11
0611 GMT [Dow Jones] Morgan Stanley downgrades BAE Systems (BA.LN) to equalweight from overweight and cuts target price to 375p from 450p. The brokerage says sustained pressure on defence budgets prompts it to reassess its defence ratings. "While we continue to see significant upside to intrinsic va
Read moreBae Systems Plc Acquisition
14th Jul 2010 07:06
TIDMBA. RNS Number : 3166P BAE SYSTEMS PLC 14 July 2010 ? BAE Systems completes acquisition of Atlantic Marine Further to the announcement of 18 May 2010, BAE Systems has completed on 13 July 2010 , for a cash consideration of $352 million, the acquisition of all of the stock of
Read moreWednesday newspaper round-up: BP, BT, GlaxoSmithKline
14th Jul 2010 06:39
Democratic senators in the US are calling for an investigation into BP's business interests in Libya, accusing the British oil company of being part of a deal to free a convicted terrorist in return for oil licences. BP has faced a slew of Congressional investigations following its catastrophic oil
Read moreBAE Systems Buys Back 640,000 Shares At 327.59P
13th Jul 2010 17:37
LONDON (Dow Jones)--BAE Systems PLC (BA.LN) said Tuesday it has purchased 640,000 of its ordinary shares via The Royal Bank of Scotland NV and intends to hold the purchased shares in treasury. MAIN FACTS: -Volume weighted average price paid per share: 327.59 pence -Shares closed Tuesday
Read moreBAE Systems Likely To Add To Number Of 'Home' Markets - CEO
13th Jul 2010 10:41
LONDON (Dow Jones)--BAE Systems PLC (BA.LN) Chief Executive Ian King Tuesday said the defense giant will likely increase its number of "home" markets. King described the likelihood as absolute. BAE Systems has established operations in international defense markets, including South Africa, Austr
Read moreBAE Systems GBP500M Share Buy-back To Complete This Week -CFO
13th Jul 2010 10:28
LONDON (Dow Jones)--BAE Systems PLC (BA.LN) will complete its GBP500 million share buy-back program this week, said Finance Director George Rose Tuesday. Rose told reporters that the company had purchased shares worth GBP489 million as of late Monday. The defense giant announced the share buy-ba
Read moreBAE Systems Buys Back 0.76M Own Shares
12th Jul 2010 18:09
LONDON (Dow Jones)--BAE Systems PLC(BA.LN), said Monday that it purchased 760,000 shares of 2.5 pence each, and said it intends to hold the purchased shares in treasury. MAIN FACTS: -Highest price paid per share: 323.4 pence -Lowest price paid per share: 319.9 pence -Volume weighted
Read moreBAE Systems Buys Back 1.0M Shares
9th Jul 2010 17:43
LONDON (Dow Jones)--BAE Systems PLC (BA.LN) said Friday it purchased 1,025,000 of its ordinary shares of 2.5 pence each and intends to hold the purchased shares in treasury. MAIN FACTS: -Highest price paid per share: 322.4 pence -Lowest price paid per share: 318.2 pence -Shares close
Read moreUPDATE: EADS Submits US Tanker Bid Ahead Of Friday Deadline
8th Jul 2010 19:02
(Adds detail, background.) By David Pearson Of DOW JONES NEWSWIRES European Aeronautic Defence & Space Co. NV (EAD.FR), said Thursday that its U.S. subsidiary EADS North America will submit a bid to be prime contractor for the United States Air Force KC-X aerial refueling tanker. E
Read moreEADS North America To Submit US Air Tanker Bid Today
8th Jul 2010 18:05
FRANKFURT (Dow Jones)--EADS North America, a division of the European Aeronautic Defence & Space Co. NV (EAD.FR), said Thursday that it will submit its bid for the United States Air Force KC-X aerial refueling tanker competition, a day ahead of the July 9 deadline. MAIN FACTS: -The EADS KC-4
Read moreBAE Systems Buys Back 0.7M Shares
8th Jul 2010 17:42
LONDON (Dow Jones)--BAE Systems PLC (BA.LN) said Thursday it purchased 670,000 of its ordinary shares of 2.5 pence each via The Royal Bank of Scotland NV and intends to hold the purchased shares in treasury. MAIN FACTS: -Highest price paid per share: 321.3 pence -Lowest price paid per sh
Read moreBAE Systems Buys Back 700,000 Shares
8th Jul 2010 07:59
LONDON (Dow Jones)-- Aerospace and defense firm BAE Systems PLC (BA.LN) said Thursday it has purchased 700,000 of its own ordinary shares on July 7. MAIN FACTS: -BAE Systems intends to hold the purchased shares in treasury; The highest price paid per share was 317.2 pence and the low west pr
Read moreBAE Systems Buys Back 1,095,000 Own Shares
6th Jul 2010 17:33
LONDON (Dow Jones)--BAE Systems PLC (BA.LN), said Tuesday that it has purchased 1,095,000 of its ordinary shares of 2.5 pence each, and said it intends to hold the purchased shares in treasury. MAIN FACTS: -Highest price paid per share 315 pence -Lowest price paid per share 308.9 pence
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