Company
LON:QQ.
QinetiQ Group PLC is an international defence and security technology company with over 8,000 employees in Europe, Middle East and Australasia and more than 5,500 in North America. QinetiQ provides research, technical advice, technology solutions and services to customers in core markets of defence and security, and increasingly in the transfer of expertise and capabilities into adjacent markets such as energy and environment.
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Meggitt said the disposal was in line “strategy to focus on businesses of scale in attractive markets where our leading positions offer greater potential for growth and operational efficiencies.”
FTSE 100 shares drifted lower on Wednesday, retreating from the previous session’s two-month highs after official UK public borrowing figures came in worse than expected
In July, the group said it was monitoring the Brexit situation as movements in gross domestic product were drivers for volumes of letter and business parcels
The Footsie advanced 12.23 points to 6275 in early London trading
Qinetiq Group, Tate & Lyle and Legal & General are set to be among the announcements on Thursday.
Investments and investor services
IAG, Dunelm, QinetiQ, ARM Holdings, Smith & Nephew, Victrex and Oxford Instruments are all in Thursday’s broker spotlight.
Investments and investor services
RBS, Lloyds, Wood Group, Amec, Weir, Vodafone and QinetiQ are in Tuesday’s broker spotlight.
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Deutsche has picked today to remind investors how good consumer giant Unilever is.
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FTSE 250 security and technology firm QinetiQ (LON:QQ.) said its North American unit had entered into a US$16mln contract linked to the US Navy.
Strategic Defence and Security Review is set to include extra £12bn of spending
Few saw this coming: a profit warning from a house builder.
A plethora of interims awaits investors tomorrow, including from South Africa based investment bank Investec and baby retail specialist Mothercare (LON:MTC).
Supermarkets defied the trend on a glum Tuesday but whether the repeat the trick on Wednesday could depend on Sainsbury's trading statement.
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Sainsbury is likely to report continued hard times for the grocers.
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The recent rally in Qinetiq shares has gone too far
