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STEM News17 articles
India's Banking System Braces for Year-End Holiday Disruptions
A series of bank holidays in India, coinciding with the financial year-end, is set to impact branch-based transactions like salary processing and cheque clearing from March 28 to April 3. Digital services will continue uninterrupted.
BAE Systems Shares Dip Amid European Defense Sector Sell-Off
BAE Systems' stock declined alongside a broader drop in European defense shares after Rheinmetall's sales forecast disappointed. The company reported a record order backlog and continues its share repurchase program.
BAE Systems Secures Major Danish Army Training Contract Amid European Defense Surge
BAE Systems has secured a seven-year contract to provide advanced training software to the Danish Army, reflecting heightened defense spending across Europe. The deal coincides with NATO Arctic exercises and Denmark's plan to increase military expenditure to 3.2% of GDP by 2025.
3D Systems Tops Q4 Forecasts, but Bleak Q1 Outlook Raises Doubts
3D Systems reported Q4 revenue of $106.3M, exceeding its forecast, though full-year sales fell 12%. The company anticipates a revenue decline and continued losses for the current quarter.
BAE Systems Retreats as Defense Rally Loses Momentum
BAE Systems shares declined, pulling back from recent highs even after the company executed a share repurchase and Berenberg raised its price target. The dip reflects a broader cooling in the defense sector rally.
Veeva Systems Beats Q4 Estimates, Unveils $2B Buyback and AI-Driven Growth Outlook
Veeva Systems exceeded analyst expectations for its fourth quarter, reporting revenue of $836 million and adjusted EPS of $2.06. The company also initiated a $2 billion stock buyback and forecast fiscal 2027 revenue approaching $3.6 billion.
BAE Systems Continues Share Buyback Amid Defense Sector Strength
BAE Systems executed another share repurchase as part of its multi-year buyback initiative, with the stock trading near yearly highs following strong financial results and record order backlog.
Defense Stocks Rally on Middle East Tensions, BAE Systems Leads Gains
BAE Systems shares jumped over 6% in London trading, leading a defense sector rally driven by escalating Middle East tensions. The gains contrasted with a broader market decline.
BAE Systems Retreats from Record High as Investors Digest Strong Outlook
BAE Systems shares pulled back from a 52-week high in early London trading, even as the defence contractor posted robust annual results and issued strong forward guidance. The company's order backlog reached a record level.
BAE Systems Stock Holds Gains on Record Backlog and Dividend Outlook
BAE Systems shares steadied near recent highs following robust 2025 results, a record £83.6 billion order backlog, and positive 2026 guidance. Investors are focused on future cash returns and execution.
BAE Systems Stock Surges on Strong Earnings, Record Order Book
BAE Systems shares surged more than 6% in early London trading following robust annual results, including a 12% rise in underlying operating profit and a record order backlog of £83.6 billion.
BAE Systems Shares Retreat After Share Buyback Disclosure Ahead of Earnings
BAE Systems shares declined in early London trading following a disclosure of share repurchases, with the market's attention turning to the company's upcoming full-year financial results.
Electro Optic Systems Surges 14% on Singapore Laser Hub Launch, Eyes Key Results
Electro Optic Systems Holdings Ltd saw its stock climb 13.7% to A$7.16 following the official opening of its high-energy laser weapon hub in Singapore. Investors await audited financial results expected around February 19.
Aehr Test Systems Soars on Hyperscale AI Production Order
Aehr Test Systems shares surged 26% in after-hours trading after securing its first production order for Sonoma test systems from a major AI data-center customer. Shipments are scheduled for summer 2026.
BAE Systems Shares Dip Ahead of Earnings Despite New U.S. Army Contract
BAE Systems shares edged lower in London trading after securing a $137 million U.S. Army missile-warning contract, with investor focus shifting to upcoming annual results.
BAE Systems Stock Advances on Buyback Activity Ahead of Key Earnings Report
BAE Systems shares gained 1.8% in early London trading following a fresh share repurchase disclosure. Investors now await the defense contractor's full-year results and 2026 outlook due February 18.
BAE Systems Awaits Key Results, Unveils Tech Incubator Amid Buyback Activity
BAE Systems shares rose ahead of full-year results due Feb. 18, with investors focused on 2026 guidance and shareholder returns. The firm also launched a dual-use tech incubator.