Senior wins 10 year contract extension with MTU Aero

28th Apr 2020 08:17

(Sharecast News) - Engineering group Senior said it had won a 10-year contract extension with MTU Aero Engines to supply Pratt & Whitney engine airfoils worth an extra $330m in sales revenue.

Read more

Monday broker round-up

27th Apr 2020 13:54

(Sharecast News) - South32: Jefferies downgrades to underperform with a target price of 80p.

Read more

Senior pulls planned sale of aerostructures unit

24th Apr 2020 07:31

(Sharecast News) - Aerospace engineering Senior pulled the planned sale of its Aerostructures business despite receiving "strong interest" from potential buyers.

Read more

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