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Inflation figures to lead macro news on Wednesday, Royal Mail braces for full year figures
Economists are expecting the consumer price index to be well below the recent growth in average earnings at around 1.8% year-on-year in April
Company
Babcock International PLC
LON:BAB
Babcock is a FTSE 100 defence company operating in our focus countries of the UK, Australasia, Canada, France and South Africa, with exports to additional markets with potential to become focus countries. We meet our customers’ key requirements of affordability, availability, and capability by delivering engineering, support and critical systems to defence and civil markets.
193 stories · page 6 of 10
Archive
Still no opportunities to sell in May, with Royal Mail and M&S set to deliver updates
The Week Ahead will also bring news from power firm SSE and water groups Severn Trent and United Utilities, plus the latest UK inflation and retail sales numbers
Babcock forced to refute further claims from shadowy short-seller Boatman Capital
In a second research report, Boatman has accused Babcock of overstating a key contract by as much as £75mln, and of underplaying its rocky relationship with the MoD
Babcock names former Shell executive to succeed Mike Turner as its chairman
The group said Ruth Cairnie has extensive experience of the engineering sector gained from a 37-year international career spanning senior functional and line roles Shell
XLMedia and Serinus Energy among Tuesday’s small-cap losers
A look at the day's major movers, including Persimmon, Quadrise Fuels International, Travis Perkins, and Babcock
Babcock to fork out £10mln a year on Brexit restructuring
Babcock maintained its guidance for underlying earnings for the year as an improved margin is expected to offset a dip in estimated revenue
FTSE 100 closes lower as Brexit is talk of the town
Footsie closed down around 32 points at 7,151, while the FTSE 250 added 23 at 19,270
Archive
Standard Chartered to wrap up recent flurry of big bank results with charge-blurred numbers
Aside from the 2018 results from the emerging markets-focused bank, FTSE 100-listed housebuilder Persimmon and speciality chemicals blue chip Croda International will also report numbers
Archive
Hotchpotch of blue-chip results set to flow in coming week from likes of Rolls-Royce, ITV, WPP
The Week Ahead will also bring a trading update from AB Foods, plus final results from Standard Chartered, IAG, Persimmon, Rightmove, as well as the latest US GDP data
Babcock JV wins AU$1.5bn Australian defence contract
The JV will become asset steward of the largest vessels in the Royal Australian Navy: Two flagship Canberra Class Landing Helicopter Docks (LHD) and their 12 associated amphibious LHD landing crafts
Babcock wins 10-year, £100mln contract for aerial-firefighting services in Canada
The Wildfire Suppression Services contract from the Manitoba government marks Babcock's first firefighting work outside of Europe
FTSE 100 closes lower as G20 summit begins and trade worries continue; housebuilders fall
The premier index of UK shares finished down nearly 59 points at 6,980. Mid-cap cousin FTSE 250 shed over 128 points at 18,480.
Babcock plunges as it takes £120mln hit from oil and gas business and slashes nuclear outlook
Babcock has taken a £120mln one-off hit on the value of its Avincis helicopter business, which it bought for £1.6bn back in 2014, just before oil prices plunged
FTSE 100 closes firmly to the good despite EU tensions
Mid-cap cousin FTSE 250 was also higher. It surged over 218 points to close at 18,584.
Archive
Pre-Thanksgiving smorgasbord as plethora of blue-chips report
A relative cornucopia of firms are scheduled to report results on Wednesday ahead of the US holiday, with a sprinkling of and UK and US economic data to taste
Babcock says half-year writedowns will not incur material cash costs
Sky News reported that the engineering firm would announce a £100mln hit on the value of the Avincis helicopter business it bought in 2014 for £1.6bn in its half-year results on Wednesday
FTSE 100 closes lower as UK politics, Brexit remain the focus
The chief negotiator for the EU, Michel Barnier, has proposed extending the transition period for the UK to leave the bloc until as late as 2022. Theresa May said she was not keen on the idea
Archive
UK investors will have plenty of updates to chew over in the coming week as turkeys are prepared for US Thanksgiving
Aside from the inevitable Brexit drama, the Week Ahead will be dominated by another batch of corporate updates from the likes of Kingfisher, Centrica, easyJet, and Compass Group
Babcock shares rise as it slams 'malicious' report by shadowy analyst Boatman
Babcock said a report by Boatman Capital Research included “many false and malicious statements, which the group strongly refutes”
Babcock International shares blighted by RBC downgrade to 'sector perform' from 'outperform'
The Canadian bank also chopped back its target price for the FTSE 250-listed stock back to 700p from 1,000p, with the shares currently trading at 584.60p, down 5.5% on Friday’s close