Cobham says FCA dropping insider dealing investigation
15th Aug 2018 14:44
(Sharecast News) - Defence group Cobham said on Wednesday that the Financial Conduct Authority has decided to discontinue its investigation into the company's handling of inside information.
Read moreCobham reports slump in half-year sales and profits
3rd Aug 2018 07:52
(Sharecast News) - Cobham saw sales slump over the first half of the year as it ran into trouble with Boeing on the KC-46 tanker programme.
Read moreCobham firm on expectations despite Boeing payment delays
26th Jul 2018 09:22
(Sharecast News) - Defence and aerospace manufacturer Cobham's shares dropped on Thursday after Boeing withheld payment over the KC-46 aircraft refueling tanker program.
Read moreFriday broker round-up
17th Feb 2017 09:19
(ShareCast News) - AstraZeneca: Jefferies reiterates Buy with a target price of 5250p. BT Group: Jefferies reiterates Hold with a target price of 325p. Standard Life: Macquarie reiterates Outperform with a target price of 450p. Cobham: Goldman Sachs reiterates Sell with a target price of 88p. Dra
Read moreSector movers: Aerospace & Defence and Oil & Gas drag market lower
16th Feb 2017 14:53
(ShareCast News) - Stocks in the aerospace and defence space bore the brunt of selling after Cobham warned on profits for the fifth time in just over a year. The FTSE 250 aerospace and defence group took a total of £179m in charges, including £150m from the KC-46 air tanker contract with Boeing, whi
Read moreCobham issues fifth profit warning after balance sheet review
16th Feb 2017 08:11
(ShareCast News) - Cobham warned on profits for the fifth time in just over a year, as it made further extensive write-downs after judging its balance sheet is "clearly not strong enough". The FTSE 250 aerospace and defence group has taken a total £179m charge, including £150m from the KC-46 air tan
Read moreSunday share tips: Cobham, H&T
15th Jan 2017 17:13
(ShareCast News) - Cobham has become something of a specialist in profit warnings, having issued four since 2015, but the shares are still worth 'holding', The Times´s Tempus said. During the previous week, the heavily-indebted Dorset-based maker of air-refuelling kit told investors it might have to
Read moreCobham trading profit falls short of guidance, scraps dividend
11th Jan 2017 07:40
(ShareCast News) - Aerospace and defence group Cobham posted group trading profit below guidance for the year ended 31 December and said it was not recommending a final dividend. In a post-close trading update, the company said group trading profit for the year came in at £245m, below the range of £
Read moreThursday broker round-up
5th Jan 2017 12:38
(ShareCast News) - Royal Dutch Shell B: UBS reiterates buy with a target price of 2500p. Aviva: JP Morgan reiterates overweight, 553p target. B&M European: HSBC reiterates buy with a 350p target. Breedon: Berenberg reiterates buy with a 85p target. Cobham: JP Morgan keeps at neutral with a 175p t
Read moreSector movers: Meggitt, Cobham lift defence stocks
23rd Nov 2016 16:00
(ShareCast News) - Price gains for some key steel-making ingredients such as iron ore and thermal coal as well as in Chinese rebar futures kept pushing shares in Evraz and many of the main mining groups higher. Overnight, spot iron ore prices at Tianjin advanced from $69.0 a tonne to $71.5 a tonne,
Read moreWednesday broker round-up
23rd Nov 2016 14:29
(ShareCast News) - Anglo American: UBS reiterates neutral with a target price of 950p. Lloyds: Macquarie reiterates outperform with a 65p target. Intertek: Barclays stays at equal-weight with a 3700p target. Barclays: HSBC reiterates buy with a 190p target. Homeserve: UBS maintains neutral with a
Read moreDirectors dealings: BAE Systems director takes profits
11th Nov 2016 17:46
(ShareCast News) - BAE Systems's group director for business development took advantage of a two-day spike in the shares of the aerospace and defence engineer to take some profits. On 10 November, Alan Garwood sold 33,000 shares at an individual price of 605p each, walking off with £199,650. Betwee
Read moreTuesday broker round-up
25th Oct 2016 10:10
(ShareCast News) - Segro: Barclays keeps at overweight with a target price of 520p. Howden Joinery: Berenberg downgrades to hold, 450p target. Standard Chartered: Deutsche Bank reiterates sell with a 574p target. Cobham: UBS reiterates neutral with a 160p target. Cobham: Barclays reiterates equal
Read moreCobham cuts profit guidance as satellite and wireless lag
24th Oct 2016 07:29
(ShareCast News) - Softer conditions in the wireless and satellite communications (satcom) markets have led Cobham to issue a profit warning. Although management expects an improvement in the fourth quarter, it said the overall full year outcome was likely to be below its initial estimates and cut i
Read moreSector movers: Construction and aerospace lead advance
4th Oct 2016 15:36
(ShareCast News) - Construction and industrial engineering stocks led the way higher, with shares in aerospace and defence close behind thanks to the favourable tailwind from the pound's depreciation. Activity in the UK construction sector bounced back in September, with Markit's purchasing manag
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