Cobham Share News (COB)

UPDATE 1-Cobham shares plunge on yet another profit cut for British engineer

(Adds shares, background) LONDON, Feb 16 (Reuters) - Britain's Cobham missed a profit target that had already been repeatedly lowered and took a charge on a troubled contract with Boeing, capping "an incredibly turbulent and disappointing year" for the defence and aerospace group. In

European shares steady after 7 days of gains, Cobham slumps

LONDON, Feb 16 (Reuters) - European shares steadied on Thursday after rising for the past seven sessions, with gains in airlines stocks offset by weaker miners and a slump in British engineering group Cobham following a poor update. The pan-European STOXX 600 index was little changed in per

LONDON MARKET OPEN: Airlines Up As Cobham Suffers From Profit Warning

Cobham issues fifth profit warning after balance sheet review

(ShareCast News) - Cobham warned on profits for the fifth time in just over a year, as it made further extensive write-downs after judging its balance sheet is "clearly not strong enough". The FTSE 250 aerospace and defence group has taken a total £179m charge, including £150m from the KC-46 air tan

Cobham takes charge on troubled Boeing tanker programme, cuts guidance

LONDON, Feb 16 (Reuters) - British engineering group Cobham said it would take a 150 million pound ($187 million) charge on its work on Boeing's troubled KC-46 tanker program and downgraded its likely 2016 trading profit again. The company said on Thursday its trading profit for 2016 was e

BROKER RATINGS SUMMARY: Exane BNP Cuts Sainsbury's And Tesco

Sunday share tips: Cobham, H&T

(ShareCast News) - Cobham has become something of a specialist in profit warnings, having issued four since 2015, but the shares are still worth 'holding', The Times´s Tempus said. During the previous week, the heavily-indebted Dorset-based maker of air-refuelling kit told investors it might have to

Pharma weighs on European shares but FTSE sets record-breaking streak

* FTSE 100 scores longest winning streak on record * Pan-European STOXX index ends up 0.2 pct * Trump comments on drug prices hits healthcare stocks * Mediaset rallies on report of Vivendi boss offer (Live coverage of European markets now available on cpurl://apps.cp./cms/?pag

UPDATE 3-British aerospace company Cobham misses profit target, scraps dividend

* Early readout puts trading profit at 245 mln stg * Group's already lowered target range was 255-275 mln stg * Scraps dividend after poor result on profit and debt * Shares fall as much as 21 pct (Adds CEO, CFO comments from analyst call) By Paul Sandle LONDON, Ja

European shares up, Britain's FTSE set for record-breaking streak

(Adds detail, new comments.) By Kit Rees and Helen Reid LONDON, Jan 11 (Reuters) - European shares rose on Wednesday, with retail stocks back in focus after a well-received update from British grocer Sainsbury, though Cobham tanked on disappointing profits. The pan-European STOX

IN THE KNOW: UBS Stays Neutral On Cobham Despite Skipped Dividend

EXTRA: Cobham Shares Drop As It Warns Again On Profit, Scraps Payout

European shares down, Cobham bottom of STOXX - For more see the European equities LiveMarkets blog

LONDON, Jan 11 (Reuters) - Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets Summary: **European shares down 0.2 pct **British engineer Cobham down 18 pct after profit miss **UK grocer Sainsbury's gains on Christmas trading update<

Cobham trading profit falls short of guidance, scraps dividend

(ShareCast News) - Aerospace and defence group Cobham posted group trading profit below guidance for the year ended 31 December and said it was not recommending a final dividend. In a post-close trading update, the company said group trading profit for the year came in at £245m, below the range of £

British engineer Cobham misses profit target, scraps dividend

LONDON, Jan 11 (Reuters) - British engineering group Cobham said it made 245 million pounds ($298 million) in trading profit in 2016, at least 10 million pounds short of its target, and as a result of poorer than expected trading would scrap its final dividend. The company said its new man