Broker tips: Defence and aero stocks, JD Sports, Greene King
8th Jun 2009 13:01
Goldman Sachs has been reviewing the aerospace and defence sector and foresees a tough time from 2011 onwards for companies with a large exposure to the UK and US defence markets, on expectations of a reduction in military operations in Iraq and Afghanistan. Goldman Sachs has downgraded defence sto
Read moreBroker snap: BAE to feel the pinch, says Goldman
8th Jun 2009 12:46
Goldman Sachs has been reviewing the aerospace and defence sector and foresees a tough time from 2011 onwards for companies with a large exposure to the UK and US defence markets, on expectations of a reduction in military operations in Iraq and Afghanistan. The broker said that 2011 should mark th
Read moreMeggitt wins £150m Bombardier deal
12th May 2009 07:58
Aerospace and defence systems firm Meggitt has won a £150m contract for its new longer life 'NuCarb' carbon brakes from aircraft maker Bombardier. Meggitt's NuCarb' carbon brakes will be installed on Bombardier's new 100 seat commercial aircraft, the CRJ1000 NextGen aircraft which was launched in 2
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