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Pin to quick picksBabcock Share News (BAB)

Share Price Information for Babcock (BAB)

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Share Price: 553.50
Bid: 455.00
Ask: 574.00
Change: 0.00 (0.00%)
Spread: 119.00 (26.154%)
Open: 0.00
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Low: 0.00
Prev. Close: 553.50
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Sunday newspaper round-up: Middle East, Aston Martin, Defence

Sun, 14th Apr 2024 13:31

(Sharecast News) - Britons must accept that their country was now involved in the Middle East conflict, Tobias Ellwood said. The former defence minister warned that "nobody was in full control" of the growing conflict as more and more countries were sucked in. Ellwood also said that Tehran's strike had taken the conflict into a "new dangerous territory". - Sunday Telegraph

Aston Martin chief executive officer Amedeo Felisa has come under criticism after news that he was given £1.3m to cover his expenses for the weekly commute form Italy to the Midlands on a private jet. The row follows a major revolt among AstraZeneca shareholders over the proposed pay package for its boss. Sky-high pay packages are also expected to trigger a rebellion among shareholders at Smith & Nephew and LSE Group. - The Financial Mail on Sunday

Top defence chiefs, including the heads of Airbus and Babcock, are calling for the UK to invest more in defence due to the heightened risk of conflict across the world. The UK and other countries need to take such threats seriously and respond appropriately, Airbus head of space and defence Ben Bridge said. Babcock chief David Lockwood also called for greater spending on defence, saying now was the first time that we were not taking Western freedoms for granted. - The Sunday Telegraph

Grocers are selling and then leasing back their stores in order to free up cash with which to lower their debt piles. Asda and Morrisons led the way in 2023 with transactions to sell their stores and warehouses. Indeed, such deals made up nearly half of all property deals last during the previous year, versus just 1% in 2022. - Financial Mail on Sunday

More News
13 Sep 2021 14:35

UPDATE: Rolls-Royce, Babcock leave aircraft asset JV; Airbus stays

UPDATE: Rolls-Royce, Babcock leave aircraft asset JV; Airbus stays

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13 Sep 2021 14:09

UPDATE 1-Rolls-Royce, Babcock sell stakes in AirTanker defence business

(Adds Babcock)LONDON, Sept 13 (Reuters) - British engineering companies Rolls-Royce and Babcock International Group are to sell their minority stakes in UK military refuelling jet-owner AirTanker Holdings to Equitix Investment Management as part ...

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13 Sep 2021 09:56

Rolls-Royce and Babcock sell aircraft asset venture stakes to cut debt

Rolls-Royce and Babcock sell aircraft asset venture stakes to cut debt

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13 Sep 2021 07:54

LONDON MARKET PRE-OPEN: Mixed bag for AB Foods; "super" half for S4

LONDON MARKET PRE-OPEN: Mixed bag for AB Foods; "super" half for S4

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13 Sep 2021 07:18

Rolls-Royce sells stake in refuelling jets unit AirTanker for $261 mln

LONDON, Sept 13 (Reuters) - British engineering company Rolls-Royce said it agreed to sell its 23.1% stake in AirTanker Holdings, the owner of 14 A330 refuelling jets, for 189 million pounds ($261 million), in its latest disposal aimed at reducin...

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13 Sep 2021 07:06

Rolls-Royce, Babcock sell stakes in Air Tanker Holdings

(Sharecast News) - UK engine maker Rolls-Royce and defence engineer Babcock on Monday said they had sold their stakes in in AirTanker Holdings Limited to Equitix Investment Management.

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3 Sep 2021 09:37

LONDON BROKER RATINGS: Berenberg cuts AIB Group to Hold from Buy

LONDON BROKER RATINGS: Berenberg cuts AIB Group to Hold from Buy

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1 Sep 2021 09:16

IN BRIEF: Babcock International completes oil & gas aviation sale

IN BRIEF: Babcock International completes oil & gas aviation sale

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1 Sep 2021 07:31

Babcock sells oil & gas business to CHC Group for ?10m

(Sharecast News) - Defence contractor Babcock International said it had sold its oil and gas aviation business to CHC Group for £10m as part of its disposal programme to cut debt.

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27 Aug 2021 09:28

Barclays upgrades Babcock to 'overweight'

(Sharecast News) - Barclays upgraded Babcock to 'overweight' from 'equalweight' on Friday, lifting the price target to 424p from 315p.

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27 Aug 2021 08:51

LONDON MARKET OPEN: Trepidation abounds ahead of Powell speech

LONDON MARKET OPEN: Trepidation abounds ahead of Powell speech

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27 Aug 2021 07:53

LONDON BRIEFING: US Fed chair "walking a knife's edge" in key speech

LONDON BRIEFING: US Fed chair "walking a knife's edge" in key speech

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24 Aug 2021 14:34

IN BRIEF: Babcock International signs encryption collaboration

IN BRIEF: Babcock International signs encryption collaboration

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20 Aug 2021 12:02

LONDON MARKET MIDDAY: Retailers lead midcaps up but FTSE 100 struggles

LONDON MARKET MIDDAY: Retailers lead midcaps up but FTSE 100 struggles

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20 Aug 2021 09:46

LONDON BROKER RATINGS: Peel Hunt ups InterContinental Hotels to Hold

LONDON BROKER RATINGS: Peel Hunt ups InterContinental Hotels to Hold

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