|Bid||347.70 x 100000|
|Ask||347.80 x 603100|
|Day's range||346.30 - 350.20|
|52-week range||295.20 - 379.30|
|PE ratio (TTM)||11.95|
|Dividend & yield||0.08 (1.86%)|
|1y target est||388.33|
French aerospace equipment maker Latecoere is on the look out for acquisitions so it can expand and win bigger contracts from leading aircraft manufacturers, Chief Executive Officer Yannick Assouad said on Monday. Latecoere, which supplies fuselages and doors to Airbus and Boeing, expects consolidation to accelerate after Britain's GKN acquired Dutch firm Fokker in 2015 and the U.S. firm LMI bought Belgium's Sonaca. "We have a certain number of targets we are working on but acquisitions are a little bit like fishing: one has to put a lot of lines into water to try and catch a fish," Assouad said during the presentation of Latecoere's half-year results.
Carnival led the blue-chip fallers on Friday as a resurgent pound pushed the FTSE 100 to its sharpest weekly fall since April. Credit Suisse turned cautious on Carnival, the world's largest cruise ship ...
The following are the top stories on the business pages of British newspapers. -BBC and other broadcasters will be told to publish information on the social backgrounds of their employees in a bid to break the middle-class stranglehold of the media. -The head of Britain's media watchdog Competition and Markets Authority (CMA) has hit out at the government's decision to ignore its advice on 21st Century Fox Inc's 11.7 billion pound ($15.68 billion) bid for Sky Plc after ministers rejected its recommendations.