Sector movers: Headwinds from pandemic hit Aerospace and Food Retailers

17th Sep 2020 00:01

(Sharecast News) - Aerospace and Defence issues were at the bottom of the pile on Wednesday amid still dour investor sentiment towards the sector.

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Wednesday broker round-up

16th Sep 2020 13:18

(Sharecast News) - Morrison: JP Morgan downgrades to underweight with a target price of 160.0p.

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BAE, Leonardo win £317m Eurofighter radar contract

3rd Sep 2020 12:07

(Sharecast News) - Arms manufacturer BAE Systems and defence electronics group Leonardo said they had won a £317m contract to develop the next generation of radar for the Royal Air Force's (RAF) Eurofighter Typhoons.

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Sector movers: Aerospace and Defence walloped by break-out in Sterling, Miners higher

1st Sep 2020 16:12

(Sharecast News) - Aerospace and defence names were at the bottom of the pile as Sterling continued its push higher, oblivious to what some observers had billed as a key week for Brexit talks between Brussels and London.

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Enormous blast rocks Beirut

4th Aug 2020 17:10

(Sharecast News) - An enormous blast rocked all of Beirut shortly before 1700 BST with initial reports citing official sources saying that it was the result of an accidental fire at a fireworks depot. 3rd video from another angle. Initial reports that explosion occurred due to accidental fire break in fireworks cache #Lebanon #Beirutpic.twitter.com/1WnCO6N0HI - Hemat (@Himat75) August 4, 2020 WATCH: Aftermath of Beirut's massive explosion. Many feared dead pic.twitter.com/55siEnzLSU - BNO News (@BNONews) August 4, 2020

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Director dealings: Spouse of BAE chairman makes share purchase

3rd Aug 2020 16:05

(Sharecast News) - BAE Systems revealed on Monday that chairman Roger Carr's wife Stephanie had acquired 40,546 ordinary shares in the FTSE 100-listed arms maker.

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Airbus aiming to staunch cash burn in 2H 2020

30th Jul 2020 11:14

(Sharecast News) - Airbus posted weaker-than-expected results for the second quarter as the Covid-19 pandemic led to a more than halving in revenues.

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BAE Systems sees lower 2020 profits; Reinstates dividend

30th Jul 2020 07:47

(Sharecast News) - UK arms maker BAE Systems said full year profits would be slightly lower due to the coronavirus pandemic, but expected a good second half as it reinstated dividend payments.

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Lockheed Martin sees earnings take off, ups guidance

21st Jul 2020 13:33

(Sharecast News) - Lockheed Martin reported a surge in second-quarter earnings and lifted its full-year guidance on Tuesday, after the US aerospace and defence giant shook off the impact of Covid-19.

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Morgan Stanley sees cycle turning higher for 'value' stocks

13th Jul 2020 13:55

(Sharecast News) - Equity strategists at Morgan Stanley sounded a positive note on so-called 'value' stocks, arguing that the economic cycle was shifting into a 'recovery regime' - but there was catch.

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Wednesday broker round-up

1st Jul 2020 13:25

(Sharecast News) - Unite Group: Berenberg downgrades to hold with a target price of 1,000.0p.

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Credit Suisse stays at 'overweight' for BAE Systems, says dividend intact

29th Jun 2020 14:36

(Sharecast News) - Analysts at Credit Suisse reiterated their 'overweight' stance on shares of BAE Systems, highlighting the continuing perception by countries that threat levels remain elevated and in anticipation that the dividend payout would be maintained, even if with a bit of a lag in the case of the latter.

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Monday broker round-up

29th Jun 2020 13:45

(Sharecast News) - Balfour Beatty: Jefferies downgrades to hold with a target price of 260.0p.

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Friday broker round-up

26th Jun 2020 13:24

(Sharecast News) - Crest Nicholson: Jefferies downgrades to hold with a target price of 226.0p.

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BAE Systems says H1 profit to fall but demand is high

25th Jun 2020 07:01

(Sharecast News) - BAE Systems said first-half profit would fall by about 15% because of Covid-19 disruption but that demand for its services was high and it expects much stronger trading in the second half.

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