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Solidarity and Unity (Free subscription) | 11/11/2009
RAIL UNION RMT today pledged to fight plans which could potentially lead to the loss of 1600 jobs at the Glasgow-based rail division of engineering giant Babcock International. The threatened job cuts have been directly linked to the deferral of nearly a third of Network Rail's track renewal programme this year. In a profit statement yesterday, Babcock bosses confirmed that they...
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Scotsman.com (Free subscription) | 03/11/2009
Defence and energy support services firm Babcock International bought the entirety of UKAEA Limited as part of the efficiency initiative.UKAEA Limited, which represents a major slice of the country's nuclear expertise, oversees nuclear clean-up work at three sites in the UK and offers consultancy services in international markets. It employs about 230 people.
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workinproperty (Free subscription) | 02/11/2009
Babcock International,the Defence and energy support services firm, has completed the acquisition of the commercial arm of the UK Atomic Energy Authority (UKAEA) for around £50 million. UKAEA Limited, which represents a major slice of the country's nuclear expertise, oversees nuclear clean-up work at three sites in the UK and offers consultancy services in international markets....
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Stocks to Watch Today (Free subscription) | 17/11/2009
... weight 24 hours to bid: that ticker is still coming up in some places as either British Airways or Babcock International, a British engineering services firm. Eaton Vance is offering the Build America Bond Fund , ticker EBABX. Both Eaton and Invesco claim the funds have income like a corporate bond but the reliability of double- or triple-A rated bonds.
