BAE Systems News
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24-05-2012
No "rational person" would want to see Greece leave the Eurozone, Nick Clegg will say today, warning that Britain will be worse off if the currency starts to break up. Markets tumbled again on Wednesday in reaction to fears that Greece's exit was being prepared. David Cameron was in Brussels pleading with EU leaders to deal decisively with the Greek debt crisis to prevent a "disorderly" collapse of the euro. The Prime Minister warned other member states that there was a risk of the "contagion" spreading from a Greek exit, which would have dire consequences for Britain, The Telegraph writes.
23-05-2012
The blue-chip miners were dominating the fallers list on the Footsie by midday as metals prices dropped on concerns that the Chinese economy may be affected greatly by Greece leaving the euro: investment bank China International Capital Corp said today that the world's second-largest economy could see its lowest levels of growth in more than two decades in this scenario. Mining peers Vedanta Resources, Xstrata, Glencore, Kazakhmys, Fresnillo, Rio Tinto, Polymetal and Antogasta were suffering heavy losses.
23-05-2012
Defence, security and aerospace group BAE Systems has been awarded a significant contract to support the future aircrew training requirements of the Royal Saudi Air Force by the Saudi British Defence Co-operation programme.
10-05-2012
Abcam, Aveva, BAE, BT, Croda, Derwent, Experian, G4S, IHG, Old Mutual, Pendragon, Sage, SuperGroup, Weir
02-05-2012
BAE Systems, the defence, security and aerospace group, has announced that it is selling its US body armour and firearm accessories division, Safariland.
02-05-2012
A depressed defence market, exacerbated by political uncertainty in the US, has led to a downbeat trading update from BAE Systems.
23-04-2012
Robert Murphy, a member of the defence group BAE Systems' Executive Committee, is to leave the company to take up the Chief Executive Officer (CEO) role at sector peer Cobham.
19-04-2012
FTSE 100 peers Rolls-Royce and BAE systems lifted the aerospace and defence sector to the top of the pile on Thursday afternoon.
18-04-2012
- Financials, ex-div stocks weigh down Footsie
- BoE's Miles alone on more QE
- Italy may delay achieving balanced budget by a year
18-04-2012
Miners were among the best performers on the Footsie with precious metals group Fresnillo rising strongly. The group this morning hailed a strong start to 2012 with gold production beating its own expectations and silver output being on target.
18-04-2012
- Ex-div stocks weigh on Footsie
- MPC minutes: Miles calls for more QE
- Eurozone swing to deficit in February
- UK jobless rate falls for first time since May 2011
28-03-2012
A round-up of the biggest director deals today so far.
15-03-2012
- Phlegmatic response to Fitch's threat to cut UK's AAA rating
- Investment management firms disappoint
- Hard times on the High Street
15-03-2012
- Stocks mark time ahead of US jobs and manufacturing data
- BAE workers protect jobs by taking pay cut
- Dollar strength sapping demand for oil stocks
15-03-2012
Workers at defence firm BAE Systems have agreed to take a pay cut aimed at saving 120 jobs.
01-03-2012
Randgold, BG, WPP, BAE Systems, Capita, Henderson, ITV, Standard Chartered, Man, Imperial Tobacco, Weir, Morrison, Experian, Carnival, Spirent, UBM, Derwent, Galliford Try, Howden, Stagecoach, Synergy Health, Unite, JLT, Ocado, SIG, Exchanging, easyJet, Robert Walters, SQS, Communisis...
21-02-2012
Xchanging (XCH), a business process and technology services provider, has won a renewal of its contract with BAE Systems to provide procurement services.
17-02-2012
In the Times Ladbrokes boss Richard Glynn gets a slap on the back for bringing in profits and revenues for full year 2011 better than expected. He walked away from deals for 888 Holdings and Sportingbet and now makes the argument that the Internet revolution has happened, whoever is coming in to his betting shops is going to keep on coming. With that in mind, Ladbrokes is worth a punt thinks Tempus.
16-02-2012
Information solutions provider Reed Elsevier jumped into pole position after seeing underlying revenues increase 2% in 2011, with all five business areas contributing to growth except the Exhibitions division, which was held back by biennial cycling. Nomura said today that the group's valuation - with the stock trading at 10.8 times earnings - looks "favourable".
16-02-2012
BAE Systems, the FTSE 100 defence contractor, saw headline sales fall by 14% in the 12 months ended December 31st and said that "little sales growth" is expected for 2012 in the current market conditions.
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