FTSE 250 movers: Metro Bank dives, Capita racks up gains
27th Feb 2019 15:16
(Sharecast News) - London's FTSE 250 was down 0.61% in afternoon trading on Wednesday, as Metro Bank once again found itself under the cosh.
Read moreMeggitt profit drops despite strong growth in all end markets
26th Feb 2019 08:54
(Sharecast News) - FTSE 250 engineering group Meggitt reported a drop in full-year pre-tax profit on Tuesday even as revenue rose amid strong growth in all end markets.
Read moreMeggitt signs $750m Pratt & Whitney engine part deal
21st Jan 2019 07:16
(Sharecast News) - Aerospace engineer Meggitt on Monday said it had signed a $750m (£582.6m) 10 year deal with Pratt & Whitney to continue the supply of engine parts for the F-22 Raptor and F-35 Lightning II aircraft.
Read moreJP Morgan cuts target on Rolls Royce, keeps Airbus as 'top pick'
10th Jan 2019 13:57
(Sharecast News) - JP Morgan slashed its target price for Rolls Royce, cautioning clients of the multiple company-specific but also sector-wide headwinds which the company was facing, even as it continued to sound a positive note on the European Civil Aerospace sector and on the likes of Airbus, Meggitt and MTU.
Read moreMeggitt signs $15m maintenance deal with Turkish Technic
10th Dec 2018 07:06
(Sharecast News) - Aerospace engineer Meggitt has signed a $15m (£11.79m) deal with aircraft maintenance, repair and modification company Turkish Technic.
Read moreSector movers: Builders benefit from budget, defence stocks downded
30th Oct 2018 12:14
(Sharecast News) - Housebuilders and construction groups were top of the pile on Tuesday thanks to treats doled out by the Chancellor the day before, while defence stocks were under water.
Read moreMeggitt upgrades organic revenue growth forecasts
16th Oct 2018 07:53
(Sharecast News) - UK aerospace engineering company Meggitt increased its forecast for 2018 organic revenue growth to 7% - 8% from earlier guidance of 4% - 6% as demand across its divisions strengthened.
Read moreMeggit wins new five-year US military contract
2nd Oct 2018 07:17
(Sharecast News) - Meggitt has won a $323m new contract with the US Defense Logistics Agency to supply wheels, brakes and related spare parts for fighter jets and combat helicopters.
Read moreLouisa Burdett to succeed Doug Webb as Meggitt CFO
18th Sep 2018 07:36
(Sharecast News) - FTSE 250 aerospace engineer Meggitt said on Tuesday that former Victrex finance director Louisa Burdett will succeed Doug Webb as chief financial officer when he retires at the end of December.
Read moreMonday broker round-up
13th Aug 2018 13:25
(Sharecast News) - Clarkson: Liberum upgrades to buy with a target price of 3,200p.
Read moreFriday broker round-up
10th Aug 2018 12:58
(Sharecast News) - Rolls Royce: JP Morgan downgrades to underweight with a target price of 965p.
Read moreWednesday broker round-up
8th Aug 2018 12:36
(Sharecast News) - Spire Healthcare Group: Berenberg downgrades to sell with a target price of 120p.
Read moreMeggitt H1 pre-tax profits fall but confident on growth
7th Aug 2018 07:45
(Sharecast News) - Engineering outfit Meggitt on Tuesday said first half pre-tax profits fell 39% to £105.2m as a result of lower gains from disposals, but added that it was in good shape to meet full year guidance.
Read moreUK equities look overbought, says Credit Suisse
6th Aug 2018 13:46
(Sharecast News) - Since April, UK equities have outperformed euro area stocks by around 3% and global stocks by around 1%, but with oil prices felt to have peaked and shares looking "overbought", Credit Suisse strategists have downgraded their stance.
Read moreQinetiQ pays £58m for Meggitt Target Systems
21st Dec 2016 07:10
(ShareCast News) - Meggitt and QinetiQ confirmed on Wednesday morning that QinetiQ has acquired Meggitt Defence Systems and Meggitt Holdings Canada, together Meggitt Target Systems, from Meggitt for £57.5m on a cash-free, debt-free basis. During the year to 31 December, Meggitt Target Systems genera
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