Cobham PLC (COB.L)
26 Aug 2016
LONDON, Aug 17 Struggling British aerospace and defence company Cobham said on Wednesday that Chief Executive Bob Murphy would step down by the end of the year and be succeeded by David Lockwood, current boss of technology company Laird.
LONDON, Aug 17 British aerospace and defence company Cobham said on Wednesday its chief executive Bob Murphy will step down by the end of the year and be succeeded by David Lockwood, the current boss of technology company Laird .
* Shares fall as much as 9 pct (Adds CEO comments, analyst comments, share price)
LONDON, Aug 4 British aerospace and defence company Cobham reported a plunge in first-half profit, as expected, after difficulties in its communications unit, and said it was on track to meet full-year expectations as earnings improve over the period.
** Engineering firm Cobham -6.8%, the top Stoxx 600 industrial goods & services loser & on track for worst 3-day drop ever as two more brokerages cut TPs on stocks
* CEO says problem at Wireless a "one-time" problem (Adds further comments from analyst call)
LONDON, April 26 British engineering company Cobham proposed a 500 million pounds ($724.80 million) rights issue to strengthen its balance sheet after profit plunged in its first quarter, pushing it to reduce its debt.
March 3 British engineering firm Cobham Plc narrowly missed the earnings range it had hoped to achieve for 2015, and said earnings would pick up only towards the second half of 2016.
March 3 British engineering firm Cobham Plc said it expected earnings to pick up in the second half of 2016, even as the company narrowly missed its earnings forecast for this year.