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Stock Market & Financial Investment News

News Breaks
February 4, 2013
08:30 EDTBAESYBAE Systems calls Saudi allegations old news, Telegraph says
BAE Systems (BAESY) says allegations brought to light in The Sunday Times around the company’s former chairman acquiring luxury properties linked to a Saudi defense deal have been “widely aired and fully investigated in the past” by the U.K.'s Serious Fraud Office, reported The Telegraph. BAE's spokesperson added that the company has never been charged with or convicted of any offense involving corruption in relation "to these or any other matters,” the report noted. Reference Link
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June 17, 2013
05:59 EDTBAESYEADS CEO: Window closed on any BAE Systems deal, Reuters reports
European aerospace firm EADS (EADSY) CEO Tom Enders ruled out another attempt to merge with Britain's BAE Systems (BAESY), saying that both companies had moved on after the failure of last year's $45B deal, reports Reuters. Reference Link
June 12, 2013
11:39 EDTBAESYPentagon indicates deep cuts to contractors, Government Executive reports
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