BAE.L Share News (BAE)

Beale Says Cash-Strapped Consumers And Store Closures Hit Sales

LONDON (Alliance News) - Beale PLC Friday said total group sales including concessions and VAT were down 6.2% in the 19 weeks to March 15, with like-for-like sales including concessions and VAT down 4.0%, after the closure of two stores last year. The department store operator said it saw a

Beale Says Store Closures And Wet Weather Reduce Sales 11%

Bad weather hits Beale

Department store Beale said dismal weather dominated the group's first half performance as it undertakes a number of initiatives to drive sales. Total gross profit fell 10.5% in the 26 weeks ended May 4th 2013 with gross margin largely flat. Operating profit, pre-exceptional costs, came in at £145,

UPDATE 1-BAE says Asian, Mideast jet demand to offset Western cuts

By Brenda Goh WARTON, England, June 11 (Reuters) - Sales of combat aircraft in the Middle East and Asia will more than compensate for cutbacks in U.S. and European spending, Britain's BAE Systems forecast on Tuesday. Europe's largest defence contractor said international markets outsi

BAE says Asian, Middle Eastern jet demand to offset Western cuts

WARTON, England, June 11 (Reuters) - Sales of combat aircraft in the Middle East and Asia will more than compensate for cutbacks in U.S. and European spending, Britain's BAE Systems predicted on Tuesday. Europe's largest defence contractor forecast international markets outside its U.S. and

Department store group Beale Chairman to step down

Department store group Beale has reported that Keith Edelman will retire from his post as Chairman. In an announcement issued on Monday, the group said that a search for his successor was now underway. Meanwhile, Edelman would continue in his post as Chairman until a suitable replacement had been a

STOCKS NEWS EUROPE-UK small caps up 0.6 pct, outpace blue-chips

The FTSE Small Caps Index is up 0.6 percent in mid-session trading, outpacing a 0.1 percent fall on the blue-chip FTSE 100 and a 0.3 percent rise on the FTSE 250 mid-cap index. The FTSE AIM All Share Index is up by 0.4 percent. Latchways, which designs and manufactures safety systems,

Sector movers: Retailers under the weather as snow hits sales in March

Retail stocks were under pressure on Thursday as the recent terrible weather weighed heavily on retail sales figures, as evidenced by the fall in half-year profits at High Street giant Debenhams. UK retail sales volumes dropped by 0.7% in March, worse than the 0.6% decline forecast, as the snow pro

Thursday preview: BAE to post earnings fall while Bumi plc holds meeting

BAE Systems is expected to post a fall in earnings for 2012 on Thursday following last year's failed merger with European Aeronautic, Defence & Space Co. (EADS), the parent company of Airbus. Europe's largest arms maker is likely to record an 8.0% fall in annual net income to £1.14bn, according to

London pre-open: Minimal gain expected in opening trade

City sources predict the FTSE 100 will open up marginally higher from Friday's close of 6,328, with a gain of just three points expected. The coming week will see the flow of data or events on the macroeconomic front pick up, with the ´tempo´ building as the days pass, culminating with the Italian