BAE Systems Order Intake Is Slightly Light -- Market Talk

Dow Jones11-12

1105 GMT - BAE Systems' order intake of 25 billion pounds shows increasing demand for its products, but it is slightly light given the U.K. defense company's leading market position, says Shore Capital analyst Jamie Murray. This might disappoint some investors, and could keep the shares trading flat or modestly down, he notes. Shares are up 0.43% at 14 pounds. (cristina.gallardo@wsj.com)

(END) Dow Jones Newswires

November 12, 2024 06:05 ET (11:05 GMT)

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