BAE Systems Share News (BA.)

LONDON BRIEFING: Taylor Wimpey profit falls; BAE Systems revenue up

(Alliance News) - Stocks in London are called to open lower on Wednesday, after Fitch's US rating downgrade caused Asian markets to fall sharply.

BAE lifts FY earnings guidance as Ukraine war drives demand

(Sharecast News) - UK defence manufacturer BAE Systems on Wednesday lifted full-year guidance as the war in Ukraine led to increased demand for weapons, leaving the company with a record £66bn order book.

Sunday newspaper round-up: 'Debt timebomb', Rolls-Royce, BAE Systems

(Sharecast News) - Millions of British families are are having to borrow to pay their basic bills and expenses marking a dangerous new phase of the cost of living crisis. And with interest rates set to be hiked again over the coming week, some are warning of a "debt timebomb" among less well off households. Rising rates are in many cases also cutting of access to borrowing. Reports also suggested that struggling single parents were being targeted through social media ads with inappropriate debt repayment schemes. - Guardian

UK earnings, trading statements calendar - next 7 days

Rishi Sunak to meet bosses at inaugural Business Council gathering

(Alliance News) - Bosses from AstraZeneca PLC, Alphabet Inc's Google, Shell PLC and other major companies will gather in Downing Street on Tuesday for the first meeting of Rishi Sunak's Business Council.

British prime minister seeks to win back corporate confidence with new business council

LONDON, July 17 (Reuters) - British Prime Minister Rishi Sunak will hold the first meeting of his new business council on Tuesday, in a bid to support his pledge to grow the economy and fend off attempts by the opposition Labour Party to win over the business community.

UK awards Babcock $65 mln contract for Ukrainian military support

LONDON, July 12 (Reuters) - Britain has awarded defence firm Babcock International a contract worth 50 million pounds ($64.6 million) to provide operational support for armoured vehicles given to Ukraine, such as Challenger 2 tanks.

Time to meet 2% defence spending pledge, Sunak to tell Nato allies

(Alliance News) - UK Prime Minister Rishi Sunak will head to the Nato summit in Lithuania with a renewed call for all members of the alliance to commit to spending 2% of their gross domestic product on defence.

IN BRIEF: Leonardo wins "game-changing" contract to complete RAF radar

Leonardo Spa - Rome-based aerospace, defence and security company - Signs contract to complete the development of "game-changing new radar" for the Royal Air Force's Typhoon fleet. The contract was awarded by BAE Systems PLC for further development of the European Common Radar System Mk2 radar. Leonardo will lead on the aircraft's main sensing and survivability systems. The radar will allow Typhoons to simultaneously detect, identify and track land and sea targets. A prototype, developed and manufactured by Leonardo in Edinburgh and Luton, is undergoing specialist testing at BAE's combat air site in Lancashire. Initial flight testing is expected in 2024.

The high growth companies that could re-rate in a recession

STOXX 600 up 0.6%, techs among big gainers

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J.P. Morgan stays 'overweight' on BAE Systems, despite possible quicker end to war

(Sharecast News) - Analysts at J.P.Morgan retained their 'overweight' stance for BAE Systems despite speculation that the past weekend's events in Russia might foreshadow a quicker end to the war in Ukraine.

LONDON BROKER RATINGS: UBS cuts BT'; HSBC starts Smiths with 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

U.S. stocks muted, gold gains as rate hike worries linger, Russia tension simmers

Treasury yields inch lower

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FTSE 100 inches lower as defence firms drag; commodity-linked stocks rise

Defence firms fall after an aborted mutiny in Russia

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LONDON MARKET CLOSE: Tepid trade but no heavy sell-off on Russia worry

(Alliance News) - European equities underwhelmed on Monday, though markets were largely unscathed despite dramatic events in Russia brought geopolitical concerns back to the fore.