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Allison Transmission (ALSN) Secures $250M Contract for BAE Systems CV90 MkIV Transmissions
Insider Monkey31d agobearish
Allison Transmission (ALSN) Secures $250M Contract for BAE Systems CV90 MkIV Transmissions

Allison Transmission Holdings Inc. (NYSE:ALSN) is one of the best quality stocks to buy according to Wall Street analysts. On June 16, Allison Transmission announced a $250 million contract to supply 4040 MX transmissions for BAE Systems Hägglunds’ CV90 MkIV infantry fighting vehicles. Marking the largest tracked defense order in the company’s history, the agreement […]

FTSE 100 tumbles as Iran peace deal hopes rise
The Telegraph97d agobearish
FTSE 100 tumbles as Iran peace deal hopes rise

The FTSE 100 has tumbled after hopes of a peace deal in the Middle East hit shares in oil and defence companies. London’s premier stock index fell 1.5pc on Thursday, more than other markets across Europe and in the US. Defence majors BAE Systems and Babcock International sank by 5pc and 2.2pc respectively following reports that the US and Iran were close to reaching a peace deal. Shares in BP were down by 2.6pc while Shell dropped by 2.9pc after oil prices fell below $100 a barrel on hopes that

FTSE 100 tumbles as Iran peace deal hopes rise
The Telegraph97d agobearish
FTSE 100 tumbles as Iran peace deal hopes rise

The FTSE 100 has tumbled after hopes of a peace deal in the Middle East hit shares in oil and defence companies. London’s premier stock index fell 1.5pc on Thursday, more than other markets across Europe and in the US. Defence majors BAE Systems and Babcock International sank by 5pc and 2.2pc respectively following reports that the US and Iran were close to reaching a peace deal. Shares in BP were down by 2.6pc while Shell dropped by 2.9pc after oil prices fell below $100 a barrel on hopes that