Mon, 05th Sep 2016 15:25
(ShareCast News) - Softer conditions in the wireless and satellite communications (satcom) markets have led Cobham to issue a profit warning. Although management expects an improvement in the fourth quarter, it said the overall full year outcome was likely to be below its initial estimates and cut i
Read moreLONDON, Oct 24 (Reuters) - British aerospace and defence company Cobham downgraded its profit forecast for the second time this year after a continued weak performance in its communications unit. Cobham warned on Monday that its annual trading profit would now come in at between 255 million
Read more(ShareCast News) - Construction and industrial engineering stocks led the way higher, with shares in aerospace and defence close behind thanks to the favourable tailwind from the pound's depreciation. Activity in the UK construction sector bounced back in September, with Markit's purchasing manag
Read more(ShareCast News) - At their meeting this week, the Bank of England's rate setters are expected to pause and take stock of the impact on the economy of its recent interest rate cut, while UK inflation is set to continue its modest rise figures are likely to show. While inflation is likely to be boost
Read more(ShareCast News) - Big Oil again lent its heft to the market´s advance after Russia and Saudi Arabia unveiled an agreement to collaborate in the energy space. In a statement issued at the Group of 20 meeting in Hangzhou,China the oil producers said they would set up a working group to monitor the ma
Read more* FTSE 100 ends down 0.5 percent * Admiral falls as Brexit vote affects solvency ratio * Indivior climbs after clinical trial result * Laird boss to join Cobham, shares diverge (Updates prices at close, adds detail) By Kit Rees and Alistair Smout LONDON, Aug 17 (Re
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