Ultra Electronics trading as expected, order intake strong

9th Nov 2020 07:42

(Sharecast News) - Defence electronics company Ultra Electronics said on Monday that trading remains as expected despite the Covid-19 pandemic, with order intake strong.

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JP Morgan sees 50% upside for BAE Systems, stays at 'overweight' on Ultra Electronics

2nd Nov 2020 14:50

(Sharecast News) - Analysts at JP Morgan reiterated their 'overweight' stance for shares of BAE Systems and Ultra Electronics, among other European defence stocks, arguing that investors' concerns were overdone - and already more than priced into those companies' shares.

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Sector movers: Aerospace and Defence walloped by break-out in Sterling, Miners higher

1st Sep 2020 16:12

(Sharecast News) - Aerospace and defence names were at the bottom of the pile as Sterling continued its push higher, oblivious to what some observers had billed as a key week for Brexit talks between Brussels and London.

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Enormous blast rocks Beirut

4th Aug 2020 17:10

(Sharecast News) - An enormous blast rocked all of Beirut shortly before 1700 BST with initial reports citing official sources saying that it was the result of an accidental fire at a fireworks depot. 3rd video from another angle. Initial reports that explosion occurred due to accidental fire break in fireworks cache #Lebanon #Beirutpic.twitter.com/1WnCO6N0HI - Hemat (@Himat75) August 4, 2020 WATCH: Aftermath of Beirut's massive explosion. Many feared dead pic.twitter.com/55siEnzLSU - BNO News (@BNONews) August 4, 2020

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Friday broker round-up

31st Jul 2020 14:11

(Sharecast News) - Greencore Group: Berenberg reiterates buy with a target price of 200.0p.

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Ultra Electronics shares break out after firm signals 'very good visibility'

30th Jul 2020 09:24

(Sharecast News) - Ultra Electronics resumed dividend payments after recovering "very good visibility" for the back half of the year.

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Friday broker round-up

5th Jun 2020 13:47

(Sharecast News) - Burberry: Goldman Sachs downgrades to sell with a target price of 1,490p.

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Ultra Electronics JV wins $204.6m US Navy contract

26th May 2020 08:04

(Sharecast News) - Ultra Electronics said on Tuesday that its ERAPSCO joint venture with Sparton DLS has won subcontracts valued at $204.6m from the US Navy for the manufacture of sonobuoys.

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Ultra Electronics says trading remains in line

13th May 2020 08:10

(Sharecast News) - Ultra Electronics said on Wednesday trading remains broadly in line with expectations despite the challenging backdrop.

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Wednesday broker round-up

15th Apr 2020 13:36

(Sharecast News) - Reckitt Benckiser Group: Credit Suisse upgrades to neutral with a target price of 5,900p.

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Ultra Electronics sees 'small' revenue impact from pandemic

14th Apr 2020 07:46

(Sharecast News) - Ultra Electronics said on Tuesday that it will delay the payment of its final dividend due to the coronavirus outbreak, which it expects to have a "small" impact on revenue.

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FTSE 250 movers: Aston Martin rockets after listing shares, Plus 500 adds to gains

1st Apr 2020 15:38

(Sharecast News) - Britain's second-tier index incurred hefty losses, retreating by 3.87% to 14,516.34.

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Wednesday broker round-up

1st Apr 2020 13:59

(Sharecast News) - Intercontinental Hotels Group: RBC Capital Markets upgrades to outperform with a target price of 4,000p.

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Credit Suisse says not all Aerospace and Defence firm dividends at risk

18th Mar 2020 14:43

(Sharecast News) - Those aerospace firms with higher exposure to Defence and enjoying a "strong" cash position were at a lower risk of having to "review" their policies on dividend payouts, Credit Suisse said.

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Tensions escalate after Iranian-made rockets fired at US base in Iraq

12th Mar 2020 10:38

(Sharecast News) - Two American servicemen and one British soldier were killed after Iran fired rockets on an Iraqi base in a move that could reignite tensions between Tehran and Washington.

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