BBA Aviation confirms discussions with DAE, signs deal with Signature Flight Support
27th Aug 2013 07:54
BBA Aviation revealed Tuesday that it was in preliminary discussions with Dubai Aerospace Enterprise (DAE) about a potential business combination with parts of DAE's business, following press speculation over the weekend. According to the Sunday Times, the two parties are considering the merger of
Read moreNewspaper round-up: G4S, Centrica, Mark Carney
25th Aug 2013 14:04
An activist investment fund is to double its stake in G4S to 10 per cent, fuelling speculation it will push for a break-up of the security contractor, the Sunday Times said. Cevian Capital, a Scandinavian fund chaired by former City Minister Lord Myners, is already G4S's second-biggest investor with
Read moreTuesday broker round-up UPDATE
13th Aug 2013 07:45
Aviva: Nomura increases target price from 414p to 474p reiterating its buy recommendation. BBA Aviation: Jefferies raises target price from 290p to 345p and keeps a buy recommendation. Braemar Shipping Services: Westhouse Securities takes target price from 450p to 515p and retains a buy recommenda
Read moreThursday broker round-up UPDATE
8th Aug 2013 07:10
Aquarius Platinum: Investec places its target price (prev.: 46p) under review, while keeping its hold recommendation. Avocet Mining: Canaccord Genuity upgrades from sell to hold with an unchanged target price of 112p. BBA Aviation: Citi raises target price from 292p to 335p reiterating a buy recom
Read moreWednesday broker round-up UPDATE
7th Aug 2013 08:57
Antofagasta: Canaccord Genuity ups target price from 1000p to 1035p leaving its buy recommendation unchanged. BBA Aviation: JP Morgan increases target price from 289p to 343p retaining an overweight rating. UBS moves target price from 250p to 280p and reiterates a neutral rating. Liberum Capital ra
Read moreBBA Aviation posts increase in first half revenues
6th Aug 2013 08:59
BBA Aviation reported a 2.0 per cent rise in half-year revenues to 1.1bn dollars as lower fuel prices were offset by a contribution from acquisitions. Acquisitions contributed $19.5m in revenue, mitigating falling lower fuel prices that reduced reported revenue by $10.8m. The Signature Flight Su
Read moreBBA Aviation unveils rise in revenue
10th May 2013 09:12
BBA Aviation reported a three per cent rise in revenue in the first four months of the year as the company worked to improve its operations. The group said a 2.0% rise in flight support revenues offset weak performance in business and general aviation in North America and Europe. Commercial airlin
Read moreLondon close: Stocks pare gains after US data
1st May 2013 16:40
Disappointing economic from the States saw the FTSE 100 halve its earlier gains by the close on Wednesday as markets waited in anticipation of a policy decision from the Federal Reserve later this evening. The US central bank is widely expected to leave its current stimulus measures unchanged follo
Read moreFTSE 250 movers: NMC Health hit by downgrade
1st May 2013 15:30
NMC Health continued to fall one day after it posted an 11 per cent year-on-year increase in first quarter revenues to 139m dollars, bolstered by demand for specialist clinical services in its healthcare division. The figures failed to impress Numis Securities, prompting a downgrade from 'buy' to 'h
Read moreWednesday broker round-up UPDATE
6th Mar 2013 07:03
Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter
Read moreTuesday broker round-up UPDATE
5th Mar 2013 07:15
Abcam: Investec raises target price from 466p to 484p and keeps a buy recommendation. Numis revises target price from 470p to 530p and maintains its buy ratng. Access Intelligence: Merchant Securities initiates with a target price of 7p and a buy recommendation. Amlin: Canaccord Genuity raises tar
Read moreMonday broker round-up UPDATE
4th Mar 2013 07:12
Aggreko: JP Morgan takes target price from 1845p to 1870p, while reiterating a neutral rating. Anglo American: Nomura reduces target price from 1800p to 1700p and downgrades from neutral to reduce. ARM Holdings: Deutsche Bank increases target price from 400p to 445p, but still recommends selling.
Read moreFTSE 250 movers: Hikma soars on 'unsolicited enquiries'
1st Mar 2013 15:23
Hikma Pharmaceuticals on Friday confirmed that it has received several unsolicited enquiries in its Injectables business and is now undertaking a review of strategic options for its future, prompting a strong rise in the share price. High Street betting shop William Hill jumped after announcing th
Read moreBBA Aviation beats forecasts with underlying pre-tax profit of 163m dollars
1st Mar 2013 10:09
FTSE 250-listed global aviation services BBA Aviation has beaten some analysts' expectations by posting an underlying pre-tax profit of 163m dollars for the full year ended on December 31st. The underlying results, which were presented alongside the group's statutory results, represented the group'
Read moreBBA still facing headwinds
15th Nov 2012 08:57
BBA Aviation, the aviation support services provider, saw no pick-up in its major markets in the third quarter, with the only glimmer of hope being the fact that the rate of decline slowed some. Group revenue was down 3% in the third quarter from a year earlier. North American Business and General
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