Senior pulls guidance and suspends dividend

26th Mar 2020 07:51

(Sharecast News) - Manufacturing and engineering company Senior updated the market on Thursday, saying that since the release of its 2019 results it had been closely monitoring the development of the Covid-19 coronavirus pandemic.

Read more

Airbus pulls dividend, secures fresh credit to shore up cash reserves

23rd Mar 2020 12:00

(Sharecast News) - Airbus has pulled its dividend and secured a €15bn credit facility as it looks to bolster cash reserves during the coronavirus crisis.

Read more

Thursday broker round-up

19th Mar 2020 11:33

(Sharecast News) - Barratt Developments: Jefferies upgrades to buy with a target price of 729p.

Read more

Monday broker round-up

16th Mar 2020 13:18

(Sharecast News) - Weir Group: Morgan Stanley downgrades to equal weight with a target price of 1,350p.

Read more

Monday broker round-up

2nd Mar 2020 13:33

(Sharecast News) - Burberry Group: Bank of America upgrades to buy with a target price of 1,800p.

Read more

Senior expects lower FY sales following 737 MAX halt

2nd Mar 2020 08:27

(Sharecast News) - Manufacturing company Senior expects full-year sales and margins to fall in 2020 as a result of the extended halt in production of Boeing's 737 MAX aircraft and weakened demand from clients in the automotive and energy industries.

Read more

Berenberg lowers target price on Senior due to lower 737 MAX outlook

3rd Feb 2020 12:54

(Sharecast News) - Analysts at Berenberg slightly lowered their target price on aerospace and defence firm Senior from 185.0p to 175.0p on Monday, but stated that a lower 737 MAX outlook appeared to be already priced in.

Read more

Monday broker round-up

3rd Feb 2020 12:32

(Sharecast News) - Diageo: Kepler Cheuvreux upgrades to buy with a target price of 3,700p.

Read more

Friday broker round-up

31st Jan 2020 12:55

(Sharecast News) - Hargreaves Lansdown: Liberum upgrades to buy with a target price of 2,125p.

Read more

Senior aerospace revenue to be hit by 737 MAX grounding

31st Jan 2020 07:40

(Sharecast News) - Engineering group Senior, which supplies parts for Boeing's grounded 737 MAX, said full year aerospace revenue would be lower as production of the troubled aircraft remained halted.

Read more

Boeing CEO resigns after 737 Max fiasco

23rd Dec 2019 14:15

(Sharecast News) - Boeing chief executive officer Dennis Muilenburg resigned on Monday as the manufacturer struggles to get back on track following two fatal crashes involving its 737 Max jets and heightened criticism of the company's failure to prioritise its engineering and safety.

Read more

Friday broker round-up

20th Dec 2019 12:28

(Sharecast News) - Segro: HSBC downgrades to hold with a target price of 869p.

Read more

Senior reiterates FY guidance as Boeing suspends 737 MAX

17th Dec 2019 12:01

(Sharecast News) - Engineering group Senior reiterated full year guidance given earlier this month as the company dealt with the impact of Boeing's decision to suspend production of its 737 MAX passenger jet.

Read more

Boeing suppliers hit by 737 MAX suspension

17th Dec 2019 09:03

(Sharecast News) - Shares in global suppliers to Boeing fell across Europe on Tuesday as the aircraft maker said it was suspending production of its controversial 737 MAX passenger jet.

Read more

Berenberg stays at 'buy' on Boeing as it waits for decision on 737 and dividend

16th Dec 2019 12:53

(Sharecast News) - A decision by Boeing to reduce or cancel production of its 737 Max jet until US regulators clear it for a 'return-to-service' could result in "substantial additional charges", according to analysts at Berenberg.

Read more