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Pin to quick picksBabcock Share News (BAB)

Share Price Information for Babcock (BAB)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 531.00
Bid: 529.00
Ask: 530.00
Change: 5.00 (0.95%)
Spread: 1.00 (0.189%)
Open: 525.50
High: 534.50
Low: 524.00
Prev. Close: 526.00
BAB Live PriceLast checked at -

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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
21 Oct 2022 09:42

Babcock wins GBP492 million contract with Australian Defence Force

(Alliance News) - Babcock International Group PLC on Friday said Babcock Australia has won a ten-year contract with the Australian Defence Force, worth around GBP492 million.

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21 Oct 2022 07:55

Babcock secures 10-year contract with Australian Defence Force

(Sharecast News) - Babcock International said on Friday that its Australian business has been awarded a AUD877m (circa £492m) multi-year programme to upgrade the Australian Defence Force's Defence High Frequency (HF) Communications System.

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6 Oct 2022 14:09

Babcock wins contract with UK Royal Navy to install new system

(Alliance News) - Babcock International Group PLC on Thursday said it has been awarded a contract from the UK Royal Navy to install and provide in-service support for Ardent Wolf.

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6 Oct 2022 10:46

LONDON BROKER RATINGS: Berenberg cuts Anglo American and Gem Diamonds

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

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6 Oct 2022 09:31

Barclays stays at 'equalweight' on Babcock, sees multiple drivers of underperformance YTD

(Sharecast News) - Analysts at Barclays reiterated their 'equalweight' recommendation on shares of aerospace, defence and nuclear engineer Babcock, but trimmed their target price to 325.0p on lower free cash flow.

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5 Oct 2022 10:12

LONDON BROKER RATINGS: Deutsche Bank cuts Ascential to 'hold'

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

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26 Sep 2022 09:21

Babcock trading in line with expectations in "dynamic" market

(Alliance News) - Babcock International Group PLC on Monday said it is trading in line with expectations for its current financial year, as geopolitical tensions following Russia's invasion of Ukraine drive up defence spending.

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26 Sep 2022 07:47

LONDON BRIEFING: Unilever CEO to step down; RPS backs new takeover bid

(Alliance News) - All eyes will be on the pound when traders in Europe return to desks on Monday, after the UK currency fell to an all-time low during the Asian session.

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26 Sep 2022 07:09

Babcock YTD trading in line with FY expectations

(Sharecast News) - Engineering services Babcock International said on Monday that trading in the first five months of the year was in line with internal expectations.

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21 Sep 2022 19:07

Sector movers: Homebuilders, Aerospace and Defence pace bounce

(Sharecast News) - Household Goods and Home Construction led a bounce in the UK stock market, even as investors waited on an interest rate decision from the US Federal Reserve after Wednesday's close and another from the Bank of England the next day, together with news of a partial mobilisation of Russia's armed forces.

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19 Sep 2022 13:56

UK shareholder meetings calendar - next 7 days

Tuesday 20 September 
AdEPT Technology Group PLCAGM
Appreciate Group PLCAGM
Cake Box Holdings PLCAGM
DP Eurasia NVEGM appointment of independent non-executive director
DSW Capital PLCAGM
FIH Group PLCAGM
Global Ports Holding PLCAGM
Gore Street Energy Storage Fund PLCAGM
Ilika PLCAGM
Manolete Partners PLCAGM
Moonpig Group PLCAGM
ProCook Group PLCAGM
Quiz PLCAGM
Shearwater Group PLCAGM
SulNOx Group PLCAGM
Utilico Emerging Markets Trust PLCAGM
Zoo Digital Group PLCAGM
Wednesday 21 September 
Games Workshop Group PLCAGM
Hipgnosis Songs Fund LtdAGM
IG Group Holdings PLCAGM
India Capital Growth Fund LtdAGM
Merit Group PLCAGM
Schroder Real Estate Investment Trust LtdAGM
SDI Group PLCAGM
Seraphine Group PLCAGM
Tintra PLCAGM
Thursday 22 September 
Begbies Traynor Group PLCAGM
Ecofin Global Utilities & Infrastructure Trust PLCGM pre-emption rights
IG Design Group PLCAGM
Liontrust Asset Management PLCAGM
Oberon Investments Group PLCAGM
Odyssean Investment Trust PLCAGM
Rockwood Strategic PLCGM trading to the premium segment
Trakm8 Holdings PLCAGM
Worsley Investors LtdAGM
Friday 23 September 
Accsys Technologies PLCAGM
Biffa PLCAGM
Bradda Head Lithium LtdAGM
Fusion Antibodies PLCAGM
In The Style Group PLCAGM
Safestay PLCAGM
Wise PLCAGM
Monday 26 September 
Babcock International Group PLCAGM
Eastinco Mining & Exploration PLCAGM
Eckoh PLCAGM
ECO Animal Health Group PLCAGM
Great Eastern Energy Corp LtdAGM
Lamprell PLCEGM re delisting
Mediclinic International PLCCourt & GM re takeover by Remgro, SAS
RPS Group PLCGM cash offer agreement
  
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25 Aug 2022 21:06

IN BRIEF: Iomart picks Babcock Non-Exec Lucy Dimes as new chair

Iomart Group PLC - Glasgow, Scotland-based managed services and cloud computing firm - Names Lucy Dimes as non-executive chair, with effect the end of firm's annual general meeting next week Tuesday. Incumbent Ian Steele has previously announced he will not stand for re-election. "Lucy is an accomplished business leader having operated in senior executive positions in FTSE 100, FTSE 250 and private equity owned companies spanning telecoms, technology, business services and financial services. Lucy has substantial experience in complex, highly regulated international markets in product innovation, market entry, scaling for growth and expansion," Iomart says. Dimes also sits on board of Babcock International Group PLC as a non-executive.

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11 Aug 2022 09:46

LONDON BROKER RATINGS: Goldman Sachs starts Harbour Energy at 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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3 Aug 2022 10:10

LONDON BROKER RATINGS: Macquarie ups Virgin Money; Citi cuts Centrica

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

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28 Jul 2022 12:12

Babcock swings to annual profit as war in Ukraine drives defence focus

(Alliance News) - Babcock International Group PLC on Thursday said it swung to an annual profit as its contract backlog grew, citing governments prioritising defence and national security in the wake of Russia's invasion of Ukraine.

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