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Babcock (BAB) Share News

LONDON MARKET MIDDAY: Stocks stall, sterling remains weak on inflation

15th Feb 2023 12:02

(Alliance News) - Stock prices in London were trading sideways at midday on Wednesday as investors mulled the future of interest rates in the UK, following fresh data that revealed inflation cooled in January. Read More

TOP NEWS: Babcock hails GBP400 million UK Ministry of Defence contract

15th Feb 2023 09:38

(Alliance News) - Babcock International Group PLC on Wednesday said that it has been awarded the contract to manage and operate Skynet, the UK Ministry of Defence's military satellite communications system. Read More

IN BRIEF: Babcock wins French military aircraft support contract

20th Dec 2022 09:01

Babcock International Group PLC - London-based aerospace, defence and nuclear engineering services - Wins 10-year "multi-million" contract with two partners for support of air transit and aircraft operation equipment from the Aeronautical Maintenance Department of the French Ministry of Armed Forces. Doesn't specify the exact value of the contract, which will involve work by technicians at 26 military bases in France and abroad. Operations will begin in the first half of 2023, with Babcock responsible for fleet management. Babcock says the deal is its first significant land sector contract in France. "This new contract places us in a good position for future opportunities in the land sector and with the French armed forces," says Pierre Basquin, chief executive officer of Babcock France. Read More

LONDON MARKET CLOSE: Eyes turn to US Fed minutes; oil lifts FTSE 100

22nd Nov 2022 17:14

(Alliance News) - Stocks in London were broadly higher at the close on Tuesday, ahead of the publication of US Federal Open Meeting Committee minutes tomorrow at at 1900 GMT. Read More

Babcock International backs annual outlook amid "good visibility"

22nd Nov 2022 10:07

(Alliance News) - Babcock International Group PLC on Tuesday maintained annual guidance after a first-half revenue improvement, though profit declined. Read More

CORRECT: LONDON MARKET OPEN: Oil stocks lift FTSE amid China concerns

22nd Nov 2022 09:15

(Correcting Fresnillo is gold and silver miner, and Comision Federal de Electricidad is Mexican state-owned power company.) Read More

LONDON MARKET OPEN: Oil stocks lift FTSE 100; China concerns persist

22nd Nov 2022 09:07

(Alliance News) - London's FTSE 100 index was outperforming on Tuesday morning as a rising Brent price lifted its heavyweight oil stocks, while other equities were shaken by further Covid measures in China. Read More

LONDON BRIEFING: FTSE 100 called higher as oil prices firm overnight

22nd Nov 2022 07:54

(Alliance News) - Stocks in London were called slightly higher on Tuesday, as a rising Brent oil price supported the FTSE 100 index, despite unease over Covid-related developments in China. Read More

UK earnings, trading statements calendar - next 7 days

15th Nov 2022 15:40

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LONDON BROKER RATINGS: Peel cuts Persimmon; Liberum raises Hammerson

8th Nov 2022 09:39

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

LONDON BRIEFING: AB Foods share buyback; Persimmon sales rate weakens

8th Nov 2022 07:51

(Alliance News) - Stocks in London are seen opening lower on Tuesday, as a cautious start to the week continues, with focus shifting to US politics. Read More

LONDON BROKER RATINGS: Goldman cuts Shell; Redburn likes BAE Systems

7th Nov 2022 09:42

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More

Babcock wins GBP492 million contract with Australian Defence Force

21st Oct 2022 09:42

(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. Read More

Babcock wins contract with UK Royal Navy to install new system

6th Oct 2022 14:09

(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. Read More

LONDON BROKER RATINGS: Berenberg cuts Anglo American and Gem Diamonds

6th Oct 2022 10:46

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

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

5th Oct 2022 10:12

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

Babcock trading in line with expectations in "dynamic" market

26th Sep 2022 09:21

(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. Read More

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

26th Sep 2022 07:47

(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. Read More

UK shareholder meetings calendar - next 7 days

19th Sep 2022 13:56

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

25th Aug 2022 21:06

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. Read More

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