Early Market News: BAE Systems plc (LON:BA), Imperial Tobacco Group plc (LON:IMT), Tesco PLC (LON:TSCO)

Here are more news stories which could affect stocks on world markets in trading later today. The following companies should see some movement: BAE Systems plc (LON:BA), Imperial Tobacco Group plc (LON:IMT), Tesco PLC (LON:TSCO). Here is a more detailed look at the news that will affect each company when trading continues. BAE Systems plc (LON:BA) BAE Systems plc (LON:BA) has shown its pleasure at the signing of a defense deal between the UK and France. On behalf of the treaty, BAE Systems plc (LON:BA) has also entered into talks with French jet manufacturer Dassault Aviation SA regarding the development of military unmanned aircrafts. A BAE Systems plc (LON:BA) spokesman said: “We welcome the outcome of UK-France summit, this is an important milestone in terms of the development of our ongoing unmanned aircraft capability, but it represents a significant investment in the future of our UK and French military aerospace capability." Imperial Tobacco Group plc (LON:IMT) Profits have jumped at Imperial Tobacco Group plc (LON:IMT) due to an increase in prices. As the company raised its prices, more economy-brand products have been sold and its full year earnings have jumped up to 8%. The net profit of Imperial Tobacco Group plc (LON:IMT) rose up to £1.5 billion ($2.41 billion) from £663 million. Alison Cooper, Chief Executive Officer of Imperial Tobacco Group plc (LON:IMT) said, “We have a portfolio that is very much aligned to where the consumer is going in these environments and we delivered some excellent brand and product performances in both mature and emerging markets.” Tesco PLC (LON:TSCO) Tesco PLC (LON:TSCO) has reported exceptional profit margins in Ireland. Apart from South Korea, the retail giant Tesco PLC (LON:TSCO) makes more profits in Ireland than in any other part of its global empire. According to the report given by UK stockbroker Shore Capital, Tesco PLC (LON:TSCO)'s Ireland profit margin will increase to over 7 per cent in the current financial year. Tesco PLC (LON:TSCO) says that, "Tesco, in common with most of its retail rivals, does not provide separate profit figures for its Irish business." Clive Black, an analyst with Shore Capital, said that profit margins in the Irish retail trade tend to be high. Expect more movement when trading continues for BAE Systems plc (LON:BA), Imperial Tobacco Group plc (LON:IMT) and Tesco PLC (LON:TSCO).
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