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(ShareCast News) - Analysts at Charles Stanley upgraded Cobham to 'accumulate' from 'hold' after its encouraging first half results. Cobham shares flew to the top of the FTSE 250 index after the defence manufacturer's first half results came in higher than expected. At 1602 BST shares were up by 6.8
Read more(ShareCast News) - London's FTSE 250 fell slightly on Thursday, down 0.25% to 17,731.01 at 1456 BST. Tullow Oil led the fallers, declining 8.67% to 222.20p while fellow oil company Premier Oil was not far behind, falling by 7.81% to 116.80p. The pair suffered at the hands of falling oil prices as a
Read more(ShareCast News) - Shares in Cobham surged over 7% early on Thursday, after the defence manufacturer said the acquisition of Aeroflex drove its interim revenue and underlying pre-tax profit higher. In the six months to the end of June, the group reported a 26% year-on-year increase in revenue to £1.
Read more** Engineer Cobham recovers after recent weakness & poised for biggest one-day rise since March 2012 ** Co keeps FY revenue guidance ** Order intake up 32% (5% at constant currency) ** Interim dividend increased by 5% to 3.05p ** Defence markets starting to stabilise
Aug 5 (Reuters) - Cobham Plc stuck by its guidance of returning to mid-single digit organic revenue growth this year, after buoyant demand for its systems and components used in satellites and communications boosted first-half sales. The company, a maker of communications equipment for mili
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