Hints and tips:
...Also, HM Treasury forecasts for the economy US: Federal Open Market Committee meeting minutes published Results: Analog Devices Q1, BAE Systems FY, Etsy Q4, Garmin Q4, Glencore FY, Heathrow FY, HSBC FY...
...If the programme goes ahead, the UK’s key prime contractor BAE Systems will be heavily involved as would Leonardo of Italy, which owns large parts of the UK’s defence electronics industry....
...Economic data Gross domestic product is the main US data point on Tuesday and minutes from the last Federal Reserve’s meeting land on Wednesday....
...“The impact on . . . defence infrastructure is already more profound and global than many people realise,” says Charles Woodburn, CEO of BAE Systems....
...Beauty group Garnier, owned by L’Oréal, promised last year to plant a tree each time a bottle of certain skin and haircare products was sold at Asda, the British retailer....
...I very much believe it's going to be a very strong third pillar for our business, and I think it could be a significant P&L contributor to our company, definitely within five years, and definitely within...
...Barclays turns positive on BAE Systems. “Overweight”, 760p target....
...Otherwise on the sellside, Bank of America likes BAE Systems. Upgrade to “buy”, price target 720p and added to the Europe One list....
...This is however negligible in the wider context of the P&L and the land bank, with the impact on future gross margin of 17bps small and which will likely be mitigated....
...The group expects land cash spend of £850m (vs. historical levels of c.£1.0bn), which includes £492m payment of committed land creditors this year....
...While the group’s net cash position has improved to £1.0m (£157m net debt in May), we note that the Land creditors position stood at £345m, with the group starting to explore the land market as it acquired...
...At c30x P/E, we do not feel valuation fairly reflects these risks and thus downgrade to Sell with a GBp385 price target, suggesting c30% downside from current levels....
...Systems, Thales, Ultra, Qinetiq) face a lower risk of having to review their existing dividend plans....
...Nigel Wilson L&G The UK is a knowledge based, mainly service led economy....
...Within an hour, he claimed, he had visualised the camera, film and chemistry system that could accomplish this feat....
...“It’s that last parcel of undeveloped land in Manhattan.”...
...BAE Systems and Merlin Entertainment report positive half-year profits movements, while AstraZeneca has headed in the opposite direction.Anglo American has narrowed its six-month loss from $1.9bn to $364m...
...The company, along with Rolls-Royce, BAE Systems and GKN, generate significant sales in the EU....
...So Reece Group bought the Armstrong Works in 2012 and spent £20m on updating a facility that had housed BAE Systems....
...The irony is that RBS already tried to sell W&G to a trade buyer, in the form of Santander, but the deal fell apart on systems integration problems....
...Nigel Wilson, L&G People are fed up of the rich and the elite shouting at them telling them how to vote....
...Around 200 data analysts are plugged in to HM Revenue & Customs’ technological pride and joy — its “Connect” system, developed by defence company BAE Systems at a cost of £80m....
...“Countries with stronger political systems as measured by their Polity2 scores are less susceptible to TFP slumps.”...
...*Mattos, P.T.L. (2008). Institutions for industrial development and innovation: the state as a risk taker in Brazil. Law and the New Developmental State (LANDS) Project Report....
...BAE Systems dropped 8.3 per cent to 400.4p after it reduced 2014 earnings expectations, partly to reflect land and armaments....
International Edition