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LSE:BAB.L 10 December 2025 - 3 February 2026

AUKUS Boost for Scotland: Rosyth Dockyard to Build US Virginia-Class Submarine Modules as HMS Formidable Keel Is Laid

AUKUS Boost for Scotland: Rosyth Dockyard to Build US Virginia-Class Submarine Modules as HMS Formidable Keel Is Laid

On 10 December 2025, Scotland’s Rosyth dockyard cemented its position at the heart of allied naval shipbuilding, as new details emerged of a major US submarine contract just one day after the keel was laid for the Royal Navy’s third Type 31 frigate, HMS Formidable. US shipbuilding giant HII has expanded its partnership with Babcock International, authorising the British company to build complex assemblies for Virginia‑class nuclear‑powered attack submarines at Rosyth in Fife.Naval News+1
10 December 2025
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Stock Market Today

  • Alphabet Swaps In for Verizon on Dow; Nike's Spot Uncertain as Shares Slide
    June 30, 2026, 2:51 AM EDT. Alphabet has taken Verizon Communications' place on the Dow Jones Industrial Average after Honeywell's aerospace spinoff led to changes in the index. Nike, now the lowest-priced Dow stock, is drawing scrutiny as shares slump to a 12-year low. With a 0.5% weight in this price-weighted index, Nike's influence is minor. The shares have lagged since joining the Dow in 2013, despite a 24-year dividend growth streak and a 4% yield. Nike's direct-to-consumer push has run into trouble with inflation and tariffs. CEO Elliott Hill sees a turnaround by spring 2027 but says headwinds remain. Nike's position in the Dow is under pressure with its falling price and rough run.
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