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Stock Market & Financial Investment News

News Breaks
October 12, 2012
06:15 EDTBAESY, EADSYBAE Systems sees "limited trading disruption" in last quarter of CY12
In the UK, the defense environment remains stable following the significant changes to priorities identified by the Strategic Defence and Security Review in 2010. Uncertainty as to how US federal deficit reduction will be implemented, including possible sequestration measures, continues to cloud the outlook for the US government defense budget. Some limited trading disruption is likely in the last quarter of the 2012 calendar year as the US government operates under a Continuing Resolution from October 1. Regarding EADS (EADSY), BAE says "We are obviously disappointed that we were unable to reach an acceptable agreement with our various government stakeholders. We believe the merger presented a unique opportunity for BAE Systems and EADS to combine two world class and complementary businesses to create a world leading aerospace, defence and security group. However, our business remains strong and financially robust. We continue to see opportunities across our platforms and services offerings and in the various international markets in which we operate." Reference Link
News For BAESY;EADSY From The Last 14 Days
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May 15, 2013
16:05 EDTEADSYWesco announces milestone agreement wit Airbus
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12:31 EDTEADSYKuwait airlines sees Airbus as best value, Reuters says
Kuwait Airways picked Airbus to provide new jets because its proposal was the best value for money, says Reuters, citing the transport minister's comments. Reference Link
06:23 EDTEADSYAirbus in talks with major Japan carriers about A350 orders, Bloomberg reports
Airbus SAS (EADSY) is in discussions with Japan’s two biggest carriers, ANA Holdings (ALNPY) and Japan Airlines Co., about an order for its A350-1000, a long-range plane aimed at eroding Boeing's (BAs dominance in wide-body aircraft, sources say, reports Bloomberg. Reference Link
May 14, 2013
07:42 EDTEADSYAirbus maiden flight of A350 set for today, Reuters reports
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May 13, 2013
11:29 EDTBAESYPentagon contracts tumbled in April, Washington Post says
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May 12, 2013
16:26 EDTEADSYKuwait Airways to spend near $3B on 25 Airbus jets, Reuters says
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