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Babcock


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UK's Babcock International gains on upbeat trading performance

BUZZ-UK's Babcock International gains on upbeat trading performance ** Shares of Babcock International Group Plc BAB.L rise as much as 1.7% to 225.60p, stock among top pct gainers in FTSE 250 .FTMC index ** The British engineering firm says trading for the five-month period ended Aug 31 has been encouraging and in line with the board's expectations
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Babcock International FY Expectations Unchanged

BRIEF-Babcock International FY Expectations Unchanged Sept 19 (Reuters) - Babcock International Group PLC BAB.L : BABCOCK INTERNATIONAL - ENCOURAGING START TO YEAR, FY EXPECTATIONS UNCHANGED BABCOCK INTERNATIONAL - TRADING FOR FIVE-MONTH PERIOD TO 31 AUGUST 2024 HAS BEEN ENCOURAGING AND IN LINE WITH BOARD'S EXPECTATIONS Source text for Eikon: ID:nR
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British Business - Sept 16

PRESS DIGEST-British Business - Sept 16 Sept 16 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The government is coming under pressure from UEFA to scrap a controversial clause that will require the new independent football regulator (IFR) to take into account "foreign and trade policy" when making decisions about club owners and directors.
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Babcock International Is Weighing A Possible Bid For Some Of The Assets Of Harland And Wolff- Sky News

BRIEF-Babcock International Is Weighing A Possible Bid For Some Of The Assets Of Harland And Wolff- Sky News Sept 14 (Reuters) - BABCOCK INTERNATIONAL IS WEIGHING A POSSIBLE BID FOR SOME OF THE ASSETS OF HARLAND AND WOLFF- SKY NEWS Source https://tinyurl.com/mvv8rj8u
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AstraZeneca, Beazley, Puma

EUROPE RESEARCH ROUNDUP-AstraZeneca, Beazley, Puma Aug 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AstraZeneca, Beazley and Puma on Monday. HIGHLIGHTS * AstraZeneca AZN.L : TD Cowen raises target price to 14,860p from 13,945p * Beazley BEZG.L : Jefferies raises target price to 1,020p from 975p * Puma SE PUMG.DE : Baader Helvea raises to buy from add * Quilter Plc QLT.L : Berenberg raises target price to 135p from 105p * WPP
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British mid-cap stocks close at over two-year high on earnings optimism

UPDATE 1-British mid-cap stocks close at over two-year high on earnings optimism For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. FTSE 100 up 1.2%, FTSE 250 gains 2.3% US PCE in line with estimates Focus on Fed, BoE decisions next week Updated at 1620 GMT July 26 (Reuters) - British mid-cap stocks rallied to their strongest finish in more than two years on Friday, helped by a slew of upbeat company earnings reports and a rebound on Wall
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UK's Babcock gains as co reaffirms FY25 forecast

BUZZ-UK's Babcock gains as co reaffirms FY25 forecast ** Shares in British defense engineering company Babcock International BAB.L up 2.7% to 501.2 pence ** Co says its expectations for FY25 remain unchanged with a target to deliver mid-single digit average annual revenue growth nFWN3JI0P0 ** Posts underlying operating profit of 237.8 mln pounds ($
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Greencore, UCB, Unilever

EUROPE RESEARCH ROUNDUP-Greencore, UCB, Unilever July 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Greencore, UCB, and Unilever, on Friday. HIGHLIGHTS * Greencore GNC.L : HSBC raises target price to 190p from 160p * Lonza Group AG LONN.S : JP Morgan raises target price to CHF 645 from CHF 600 * Sartorius Stedim Biotech STDM.PA : HSBC cuts target price to EUR 310 from EUR 360 * UCB SA UCB.BR : TD Cowen raises target price to E
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Babcock International Maintains FY25 Expectations

BRIEF-Babcock International Maintains FY25 Expectations July 26 (Reuters) - Babcock International Group PLC BAB.L : STRONG PROGRESS TOWARDS OUR MEDIUM-TERM GUIDANCE EXPECTATIONS FOR FY25 REMAIN UNCHANGED C.70% OF FY25 EXPECTED REVENUE UNDER CONTRACT AT 1 APRIL 2024 Source text for Eikon: ID:nRSZ9468Xa Further company coverage: BAB.L
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UK Stocks-Factors to watch on July 19

UK Stocks-Factors to watch on July 19 July 19 - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.4%. * DEFENCE: Senior executives from British defence firms including BAE BAES.L and Babcock BAB.L met Ukrainian President Volodymyr Zelenskiy to discuss the need to boost military support for the country in its conflict with Russia.
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UK defence firms discuss boosting support for Ukraine with Zelenskiy

UK defence firms discuss boosting support for Ukraine with Zelenskiy LONDON, July 18 (Reuters) - Senior executives from British defence firms including BAE BAES.L and Babcock BAB.L met Ukrainian President Volodymyr Zelenskiy on Thursday to discuss the need to boost military support for the country in its conflict with Russia. Zelenskiy was in Britain for a summit of the European Political Community (EPC) and the meeting in London also included representatives from Thales TCFP.PA , MBDA and KBR K
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Babcock shares fall on operating profit miss; Berenberg downgrades stock

BUZZ-Babcock shares fall on operating profit miss; Berenberg downgrades stock ** Babcock International BAB.L shares fall 1.7% to 508.5 pence ** Shares fall to 498 pence, dropping to their lowest level since April 19 before paring losses ** British engineering co misses market expectations for annual underlying operating profit after taking a cash hit of 90 million pounds on delivery of Type 31 warships to the Royal Navy ** Co posts underlying operating profit of 237.8 mln pounds ($308.8 mln) vs.
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Genus, Nexans, Scor

EUROPE RESEARCH ROUNDUP-Genus, Nexans, Scor July 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Genus, Nexans and Scor, on Thursday. HIGHLIGHTS * Genus GNS.L : HSBC raises target price to 2600p from 2500p * Munters Group AB MTRS.ST : Jefferies raises target price to SEK 260 from SEK 255 * Nexans NEXS.PA : Berenberg raises target price to EUR 124 from EUR 112 * Scor SCOR.PA : Berenberg cuts to hold from buy; cuts target price to
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UK's Babcock recoups early losses, FY operating profit misses view

BUZZ-UK's Babcock recoups early losses, FY operating profit misses view ** Shares in Babcock International BAB.L fall as much as 4.4% to 515p in early trade, last up 0.8% ** British engineering co misses market expectations for annual underlying operating profit ** Posts underlying oper profit of 237.8 mln pounds ($308.8 mln) vs analyst expectation
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UK Stocks-Factors to watch on July 17

UPDATE 1-UK Stocks-Factors to watch on July 17 Adds new items, updates futures July 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.1%. * ANTOFAGASTA: Chilean miner Antofagasta ANTO.L said it expects full-year copper output at the lower end of its 670,000 to 710,000 metric ton forecast range due to lower ore grades.
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UK's Babcock posts 34% jump in annual profit

UPDATE 2-UK's Babcock takes 90 mln pound hit to FY profit from naval contract Rewrites throughout to add details on results, adds analysts' estimates in paragraph 3 July 17 (Reuters) - British engineering company Babcock BAB.L on Wednesday said its annual profit took a cash hit of 90 million pounds ($117.1 million) related to a contract with the Royal Navy, sending shares down over 4%.
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Babcock Posts 11% Rise In FY Revenue

BRIEF-Babcock Posts 11% Rise In FY Revenue July 17 (Reuters) - Babcock International Group PLC BAB.L : BABCOCK INTNL GROUP - FY24 RESULTS UPDATE AND TYPE 31 CONTRACT UPDATE BABCOCK INTERNATIONAL GROUP PLC - REPORTS REVENUE UP 11% TO £4.4 BILLION BABCOCK INTERNATIONAL - GUIDANCE UNCHANGED BABCOCK INTERNATIONAL - EXPECT A FURTHER YEAR OF PROGRESS IN
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UK's Babcock posts 34% jump in annual profit

UK's Babcock posts 34% jump in annual profit July 17 (Reuters) - British engineering company Babcock BAB.L posted a 34% jump in annual profit on Wednesday, helped by strong operating performance in nuclear, land and aviation sectors. Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Rashmi Aich
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UK's defence and aerospace stocks tumble on Airbus' delivery forecast cut

BUZZ-UK's defence and aerospace stocks tumble on Airbus' delivery forecast cut Updates ** Britain's aerospace and defence stocks .FTNMX502010 tumble 2.3% vs a largely flat FTSE 100 .FTSE as France's Airbus AIR.PA warns on profit and downgrades its forecast for deliveries ** Airbus lowered its widely watched forecast for deliveries this year to around 770 jets from around 800 ** Largest index constituents Rolls Royce RR.L and BAE Systems BAES.L down 3.4% and 1.1%, respectively ** Shares of Melros
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