BAE Systems to pay interim dividend in spite of profit drop as it expects full-year sales to rise
The interim dividend of 9.4p per share, is in line with 2019's half-year payout.
Company
BAE Systems PLC
LON:BA
BAE Systems delivers a range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services.
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BAE Systems set for second-half bounce-back suggest UBS
BAE managed to achieve some key milestones on the Qatar Typhoon and in Maritime most notably.
BAE Systems completes acquisition of tactical radio business from Raytheon
The radios business designs, manufactures and supplies communication systems featuring anti-jamming, multi-band, multi-channel and encryption capabilities to the US and its allies
BAE Systems holds fire on dividend but sights still on Raytheon acquisitions
The defence group said its liquidity and business profile remains “reliant on the goodwill of our customers and the financial strength of our supply chain” to keep up the drumbeat of production
BAE Systems injects £1bn into pension fund after strong year
Charles Woodburn, chief executive, said the financial results were in line with guidance, growing sales and earnings.
Deutsche Bank ups BAE Systems target price to 730p from 685p in preview of upcoming full-year results
The bank's analysts said "we continue to forecast 45.9p of EPS for 2019 (consensus 45.8p) and expect BAE to be in-line (excl. the 1H19 one-off tax benefit)”
BAE’s US acquisitions helping address “long-standing valuation discount”, says Barclays as it ups to ‘overweight’
The bank also said the purchase of the US military GPS business and airborne radios unit will increase revenue exposure to the US Department of Defense
BAE Systems agrees to buy GPS and radio assets spun out of US merger
“It's rare that two businesses of this quality, with such strong growth prospects and close fit to our portfolio, become available.”
BAE Systems shoots higher after upgrade on UK election, Iran tensions
JPMorgan Cazenove upgraded the defence contractor, with Citigroup upping its target price too
BAE Systems' shares drop as 2019 outlook clouded by German backlash on Saudi deal
The FTSE 100-listed firm said it expected its underlying earnings per share in 2019 to only grow by the mid-single-digit compared to full-year 2018 underlying earnings per share of 42.9p
BAE Systems exposed to possible defence spending constraints after Brexit, says UBS
UBS said the grim UK economic outlook will inevitably impact the government's defence spending
Investments and investor services
FTSE 100 closes positively as PM Theresa May says gov't is working towards a good Brexit deal
Britain's blue-chip benchmark finished up around 31 points at 7,029
FTSE 100 closes in red as traders fret about Turkey crisis
The UK benchmark of leading shares closed down over 24 points at 7,642.
FTSE 100 closes Friday in positive territory but loses ground on the week
FTSE 100 closed around 21 points higher on Friday at 7,636, the FTSE 250 added nearly 147 points at 20,830.
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BAE Systems awarded £2.4bn defence contracts for work on submarine programmes
Defence secretary Gavin Williamson said the investment in nuclear submarines shows the government's "unwavering commitment to keeping the UK safe" from threats
BAE Systems maintains forecast for flat 2018 earnings, sees good prospects for adding to its order backlog
Charles Woodburn, BAE’s chief executive said: "We have a large order backlog and strong franchises with good prospects to further these positions in the coming months"
BAE Systems PLC takes off as Berenberg upgrades its rating to ‘buy’ from 'hold'
In a note to clients, analysts at Berenberg said BAE’s fundamentals are improving after many years of lacklustre earnings development
FTSE 100 extends gains in the final sessions
Stocks consolidated gains at the death with bid stock Shire the best performing blue-chip