Babcock wins £100m Canada aerial firefighting deal
30th Nov 2018 07:03
(Sharecast News) - Engineer Babcock on Friday said it had won a £100m 10-year contract for aerial firefighting by the government of Manitoba, Canada.
Read moreThursday broker round-up
22nd Nov 2018 13:37
(Sharecast News) - Royal Mail: RBC Capital Markets upgrades to sector perform with a target price of 500p.
Read moreBabcock plays down write-downs
19th Nov 2018 07:12
(Sharecast News) - Babcock International played down a weekend report about a large write-down that the defence contractor will have to take to its accounts this week.
Read moreBabcock plays down write-downs
19th Nov 2018 07:12
(Sharecast News) - Babcock International played down a weekend report about a large write-down that the defence contractor will have to take to its accounts this week.
Read moreBabcock closes Devon's Appledore shipyard as orders run out
1st Nov 2018 12:58
(Sharecast News) - Babcock International, the engineering and defence firm, is to permanently close its 163-year old shipyard at Appledore, Devon, with workers blaming government delays in giving out new battleship contracts.
Read moreWednesday broker round-up
10th Oct 2018 12:47
(Sharecast News) - RWS Holdings: Numis downgrades to add with a target price of 510p.
Read moreBabcock trading in line, reiterates outlook for the year
19th Sep 2018 07:42
(Sharecast News) - Engineering services company Babcock International said on Wednesday that it is trading in line with its expectations, the order book and pipeline are strong and its outlook for the year is unchanged.
Read moreWednesday preview: Emerging markets, CPI, Babcock in the spotlight
18th Sep 2018 14:15
(Sharecast News) - The market spotlight on Wednesday is likely to be on emerging markets, assuming no major developments materialise at this point on the Brexit front in Salzburg.
Read moreBabcock slams 'misleading' Sunday Times article
30th Jul 2018 08:06
(Sharecast News) - Engineering services company Babcock updated the market on Monday over what it called a "misleading article" published by the Sunday Times at the weekend.
Read moreMarket anticipating profit warning from Babcock, analyst sees opportunity
25th Jan 2017 08:37
(ShareCast News) - Following BT's shock profit warning linked to a deteriorating outlook for UK public sector work, broker Shore Capital wondered "when will Babcock warn?" Babcock's shares fell around 2% on Wednesday as investors read across the implications from BT and had also fallen in sympathy w
Read moreMonday broker round-up
9th Jan 2017 17:00
(ShareCast News) - Reckitt Benckiser: Berenberg reiterates hold with a target price of 7300p. EnQuest: Jefferies upgrades to buy with a 64p target. Booker: HSBC stays at buy with a 220p target. Anglo American: Barclays reiterates overweight with a 350p target. ICAP: HSBC upgrades to buy with a 52
Read moreDeutsche Bank downgrades Babcock on lack of upside
9th Jan 2017 09:03
(ShareCast News) - Deutsche Bank downgraded support services company Babcock International to 'hold' from 'buy' and cut the price target to 1,020p from 1,100p. The bank said that while it likes Babcock's unique market position and high barriers to entry, there is not enough upside at the moment. "T
Read moreBabcock wins French Air Force contract
5th Jan 2017 09:15
(ShareCast News) - Babcock International has been awarded a contract by France's Direction Générale de l'Armement to provide and maintain a training platform and related services for the French Air Force. The defence outsourcer said the 11-year contract will provide new training aircraft, related si
Read moreBabcock H1 profits boosted by jump in revenues
22nd Nov 2016 07:17
(ShareCast News) - Half year reported pre-tax profits at Babcock jumped 12% to £163.5m on revenues up 7% to £2.1bn and said it expected full year numbers to be in line with expectations. The dividend rises 7% to 6.5p a share. The order book for the group remains at £20bn, having been replenished by
Read moreBabcock recommended for French Air Force contract
21st Nov 2016 11:25
(ShareCast News) - France's Direction Generale de l'Armement has recommended that Babcock International be awarded a contract to provide and maintain a training platform and related services to the French Air Force. The recommendation follows a competitive bid process and Babcock's share of the cont
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