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Stocks Airbus Group NV

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  • *FY operating earnings before one-offs up 54 pct to 4 bln euros. *Takes 551 mln euros charge due to A400M delays. MUNICH, Feb 27- Airbus Group defied warnings of a slowdown in the jetliner market with a steep production boost for its top-selling A320 and announced its biggest ever dividend.

  • *J.C. Penney tumbles after earnings. NEW YORK, Feb 27- U.S. stock index futures were little changed on Friday, with major indexes on track for a fourth week of gains, ahead of readings on economic growth and consumer sentiment. *Later in the session at 10:00 a.m., the University of Michigan's final February reading on consumer sentiment is expected, along with pending...

  • LONDON, Feb 27- European shares rose to fresh seven-year highs on Friday, extending a two-month rally fuelled by the European Central Bank's money printing programme which starts in the coming weeks. About two-thirds of the way into Europe's earnings season, 55 percent of companies have met or beaten profit forecasts. Overall, fourth-quarter earnings are...

  • *Airbus surges after posting sharp rise in operating profits. PARIS, Feb 27- European shares dipped on Friday morning, pausing after their best start to the year since regional benchmarks began in late 1986, while Airbus rallied after posting a sharp rise in operating earnings. Shares in Airbus were up 6.1 percent, representing a gain in market value of 2.5...

  • Buoyant Airbus helps Europe shares extend rally Friday, 27 Feb 2015 | 3:10 AM ET

    PARIS, Feb 27- European shares inched higher on Friday, keeping their brisk two-month rally alive as Airbus rose 6 percent after posting a sharp rise in operating earnings. At 0804 GMT, the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,561.60 points, hitting a fresh seven-year high. The index has surged 14 percent so far this year, boosted by...

  • Airbus just took a $618M charge for delays Friday, 27 Feb 2015 | 2:18 AM ET
    An Airbus A320 - similar to the aircraft used by Air Algerie.

    Europe's Airbus Group took a charge of 551 million euros ($618 million) due to latest delays on the A400M military transporter.

  • Airbus Group takes 551 mln eur A400M charge Friday, 27 Feb 2015 | 1:19 AM ET

    MUNICH, Feb 27- Europe's Airbus Group took a charge of 551 million euros due to latest delays on the A400M military transporter and adjusted civil production rates as it posted higher revenue and core profit on Friday. The world's second-largest aerospace group after Boeing said operating earnings before one-off items rose 54 percent to 4 billion euros as...

  • Feb 26- A push by three U.S. airlines to curb competition from Gulf state carriers has exposed divisions over free trade with other powerful U.S. aviation players including Boeing Co and FedEx Corp, potentially complicating the airlines' campaign for Obama administration support. Delta Air Lines Inc, United and American Airlines have asked the White House to...

  • *Australia has the technology and IP to corner the market. Engineers at Monash University and its commercial arm are making top-secret prototypes for Boeing Co, Airbus Group NV, Raytheon Co and Safran SA in a development that could be the saviour of Australia's struggling manufacturing sector. Australia has the potential to corner the market.

  • PARIS, Feb 25- The head of Dubai's Emirates has hit back at U.S. airlines in an increasingly bitter subsidy spat and urged Washington to block their calls to renegotiate Open Skies agreements. He was responding to allegations of trade-distorting Gulf subsidies made by the three largest U.S. airlines, Delta Air Lines, American Airlines and United Airlines.

  • PARIS, Feb 25- Airbus Group may take up to 500 million euros in charges for the latest delays to its A400M military transport plane when it reports 2014 earnings on Friday, analysts said. While Airbus has promised to give a financial update on the project with its annual earnings, it is likely to take longer to establish a definite new timetable for deliveries.

  • PARIS, Feb 24- European planemaker Airbus is talking to suppliers about the possibility of raising production of its A320 family of aircraft to 50 jets a month as early as 2017, narrowing a gap with rival Boeing, a senior industry source said on Tuesday. Airbus has asked suppliers to be ready to adjust to production of 48 aircraft a month during 2016, rising to 50 a...

  • PARIS, Feb 24- European planemaker Airbus is talking to suppliers about the possibility of raising production of its popular A320 family to 50 jets a month as early as 2017, narrowing a gap with rival Boeing, a senior industry source said on Tuesday. Airbus has asked suppliers to be ready to adjust to production of 48 aircraft a month during 2016, rising to 50 a...

  • PARIS, Feb 24- European planemaker Airbus is discussing with suppliers the possibility of raising production of its popular A320 family of jets to 50 a month as early as 2017, narrowing a gap with rival Boeing, a senior industry source said on Tuesday. Airbus has asked suppliers to be ready to adjust to production of 48 aircraft a month during 2016, rising to 50 a...

  • LONDON, Feb 24- British aircraft parts supplier Meggitt maintained its outlook for this year and said it was comfortable with medium-term guidance after reporting an expected 13 percent fall in annual profit following a tough 2014.. For 2015, Meggitt forecast organic revenue growth in the low to mid-single digit percentage points, in line with what it said in...

  • "We have studied the current environment surrounding Skymark and have determined not to participate in that airline's restructuring needs at this time," American spokesman Josh Freed said in an email. Nikkei Asian Review reported earlier that American intended to send executives to Japan to discuss investment in Skymark, and that a tie-up interested Delta,...

  • *UAE signs $1 bln satellite contract with Airbus, Thales. *UAE spends 9.5 bln dirhams on defense contracts at IDEX. ABU DHABI, Feb 23- The United Arab Emirates is still in talks with both BAE Systems and Dassault Aviation over the possible multi-billion-dollar purchase of fighter jets, a spokesman for a major UAE defense organization said on Monday.

  • *Europe losing market share in India to U.S., Russia. Europe's share of defence sales to India, the world's top arms importer, slid to less than 4 percent in 2013 from more than a fifth in 2005, data from think tank Stockholm International Peace Research Institute showed. But India has stipulated that for winning defence deals, foreign firms give domestic companies...

  • Feb 18- Boeing Co will keep returning significant cash to shareholders and will not cut production of wide-body 777 jetliners as it shifts to a new version later this decade, Chief Executive Officer Jim McNerney said on Wednesday. His remarks suggested that Boeing believes it can generate cash by delivering already-sold aircraft while winning new sales.

  • BENGALURU, INDIA, Feb 18- India's prime minister has asked global defence contractors to transfer more technology to the country as part of the lucrative deals that they win to modernise its armed forces. The country's offsets policy, which requires contractors to invest a percentage of the value of the deal in India, will be tweaked to encourage more technology...