Hints and tips:
...Babcock International has hired former Cobham head David Lockwood as chief executive to drive change at the UK defence contractor. More here....
...That might explain why so many analysts recommend selling defence contractor Babcock. Contrarily, Lex thought it might be time to buy. Babcock trades close to its historic lows....
...Due Diligence is written by Arash Massoudi, Javier Espinoza and Robert Smith in London, James Fontanella-Khan, Ortenca Aliaj, Sujeet Indap, Eric Platt, Lindsay Fortado and Mark Vandevelde in New York, and...
...Mike Turner is set to step down as chairman from the board of Babcock International, the FT reported. It comes after a shaky time for Britain’s second-largest defence contractor....
...“The bureau will respond to whomever is put in that position,” said Ernest Babcock, a former deputy assistant director of the FBI....
...Investors will be watching the third-quarter results hoping that Eric Olsen, chief executive, gives more details on his strategy for the group....
...Peter Rogers, chief executive, Babcock International, the engineering group. Chris Gibson-Smith, chairman, London Stock Exchange. Mark Stephens, media lawyer....
...Babcock, gunning for VT, wants to pay the cash out to shareholders and add a price on top for the business....
...Eric Roozendaal, roads minister of New South Wales, says: “There are lessons that will inform the way future PPPs will work – certainly the CCT experience has raised the bar on PPPs.’’...
...The Mail on Sunday ■Eircom, Ireland’s largest telecoms company, is about to be taken over in a £2bn agreement by Babcock & Brown, the Australian investment bank....
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