GO
Loading...

European Aeronautic Defence and Space Company EADS NV

More

  • *No agreement yet by Britain, France, Germany on stakes. LONDON/ PARIS, Oct 8- Britain turned up the volume in a dispute over French state involvement in any tie-up of aerospace groups EADS and BAE Systems on Monday, leaving the European mega-merger on a knife-edge less than 48 hours before a deadline for the deal.

  • Frustrated investors try to weigh up EADS-BAE deal Monday, 8 Oct 2012 | 3:04 PM ET

    LONDON, Oct 8- Investors in EADS and BAE Systems are increasingly frustrated at the political wrangling over their proposed, $45- billion merger, concerned they are being frozen out of the decision-making and are unable to run their numbers.

  • BIRMINGHAM, England, Oct 8- Britain is prepared to explore the possibility of France and Germany both having equal, single-digit stakes in any merger between defence firms EADS and BAE Systems, Defence Secretary Philip Hammond said on Monday. "I think if we were at that position it would be possible to construct something.

  • LONDON/ PARIS, Oct 8- Britain, France and Germany pushed on with talks on Monday aiming to prevent a disagreement over state shareholdings wrecking a proposed merger of EADS. Plans by Airbus parent EADS and UK arms firm BAE Systems to create the world's largest aerospace and defence company must overcome a knot of political concerns over security and jobs.

  • PARIS, Oct 8- France must be given the option of buying shares from media group Lagardere as part of a proposed merger between EADS and BAE, a French government source said on Monday. "If France does not even have the possibility to consider buying the stake which Lagardere wants to sell, then for us it is not doable," the source said.

  • EU in secrecy spat with US over A350 funding papers Monday, 8 Oct 2012 | 9:56 AM ET

    BRUSSELS, Oct 8- The European Union accused the United States of breaching confidentiality surrounding the filing of economically sensitive documents on the funding of the Airbus A350 in the latest twist to a long-running aircraft subsidy dispute.

  • PARIS, Oct 8- Britain, France and Germany pushed on with talks on Monday aiming to prevent a disagreement over state shareholdings wrecking a proposed merger of EADS and BAE Systems.

  • UK says France must cut stake in EADS-BAE proposal Monday, 8 Oct 2012 | 7:24 AM ET

    LONDON, Oct 8- France's stake in the proposed EADS and BAE Group must be in the single digits if the deal is to go ahead, UK defence secretary Philip Hammond told BBC television on Monday. France has a 15 percent stake in EADS and under current arrangements could buy out industrial partner Lagardere, the French media firm which wants to sell its 7.5 percent stake.

  • PARIS, Oct 8- Britain, France and Germany resumed talks on Monday to try to prevent a disagreement over state shareholdings wrecking a proposed merger of EADS and BAE Systems.

  • RESEARCH ALERT-SocGen cuts EADS target price Monday, 8 Oct 2012 | 4:05 AM ET

    Oct 8- European Aeronautic Defence and Space Company EADS NV:* SocGen cuts EADS target price to 32 euros from 38 euros; rating buy. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • "Invesco believes BAE is a strong business with distinctive positions in the global defence market, especially in the U.S. and UK, and good stand-alone prospects," it said, adding that it had, on and off, owned shares in BAE for over 20 years.

  • BAE's largest shareholder opposes EADS deal Monday, 8 Oct 2012 | 2:56 AM ET

    LONDON, Oct 8- The largest shareholder in BAE. "Invesco has, on and off, owned shares in BAE for over twenty years," it said in a statement. "Invesco believes BAE is a strong business with distinctive positions in the global defence market, especially in the U.S. and UK, and good stand-alone prospects.

  • ISTANBUL, Oct 8- Turkish Airlines said on Monday that it will buy 15 Airbus A330-300 planes between 2014-2016..

  • PRESS DIGEST - Wall Street Journal - Oct 8 Monday, 8 Oct 2012 | 2:26 AM ET

    Oct 8- The following are the top stories in the Wall Street Journal on Monday. *Government officials negotiating terms for the proposed merger of BAE Systems and Airbus parent EADS remain deadlocked over key issues including state ownership stakes.

  • French and Benelux stocks-Factors to watch on Oct 8 Monday, 8 Oct 2012 | 1:28 AM ET

    Britain will block the proposed $45 billion merger between EADS and BAE Systems if key "red line" priorities are not met, defence minister Philip Hammond said on Sunday, just three days before a deadline for detailing the deal.

  • German stocks - Factors to watch on October 8 Monday, 8 Oct 2012 | 1:09 AM ET

    VOLKSWAGEN Indicated 0.7 percent lower. Separately, Volkswagen could start selling its Golf 7 plug-in hybrid car from 2014, a year earlier than previously planned, German magazine WirtschaftsWoche reported, citing no sources.

  • Philippine bourse listings hit record $4.2 bln- Philippine Daily Inquirer. Marriott to build $300 mln convention center- The Philippine Star. Tender for $1.5- bln railway project set for Jan- The Philippine Star.

  • PRESS DIGEST - British business - Oct 8 Sunday, 7 Oct 2012 | 8:42 PM ET

    Seven global electricity and nuclear technology companies are threatening on Monday to withdraw plans for hundreds of millions of pounds of future investment in Britain because of attempts by George Osborne to water down the government's green commitments.

  • UPDATE 4-UK says prepared to veto EADS-BAE merger Sunday, 7 Oct 2012 | 11:19 AM ET

    *France, Germany and UK battling over state role in group. BIRMINGHAM, England, Oct 7- Britain will block the proposed $45 billion merger between EADS and BAE Systems if key "red line" priorities are not met, defence minister Philip Hammond said on Sunday, just three days before a deadline for detailing the deal.

  • *France, Germany and Britain battling over state role in group. BIRMINGHAM, England, Oct 7- The proposed $45 billion merger between EADS and BAE Systems must ensure British security and jobs are preserved, finance minister George Osborne said on Sunday, just three days before a deadline for detailing the deal.

Most Popular Video

Wednesday, 16 Apr 2014 | 4:40 AM ET

Loyalists around the world have embraced it as the cryptocurrency of the future, but some big names on the street differ widely in their beliefs about bitcoin. The Oracle of Omaha thinks it's a "joke." Tech entrepreneur Marc Andreessen counters that Buffett is out of touch, while bitcoin believers like Jonathan Rumion fully embrace the digital currency by buying groceries with bitcoin and even getting paid in bitcoin. CNBC's Mary Thompson reports.

Wednesday, 16 Apr 2014 | 3:00 AM ET

European shares opened higher on Wednesday as better-than-expected Chinese growth data buoyed sentiment.

Wednesday, 16 Apr 2014 | 2:00 AM ET

Brady Dougan, CEO of Credit Suisse, says the bank's fixed income business is "strong", while the investment banking arm has performed well.