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Bank of England policymakers acknowledged earlier this month that further market volatility could be on the way because of uncertainty about the direction of U.S. monetary policy, but came no closer to shifting their own stance. Minutes of its latest policy meeting, released on Wednesday, show the BoE remained deadlocked over whether to restart its own asset-buying stimulus, with outgoing Governor Mervyn King again in a minority voting for another 25 billion pounds ($39 billion) of asset purchases. The June 5-6 Monetary Policy Committee meeting, King's last, decided economic developments in Britain had been generally positive in the past month and consistent with the bank's May forecast of a slow but sustained recovery this year. However, the MPC said markets were less calm about expected actions by the Fed and the Bank of Japan , and that there was "potential for continued volatility". Some among those MPC members who oppose more asset purchases, or quantitativ

Lockheed Martin Corp ( id="symbol_LMT.N_0">LMT.N) has signed a contract with Mitsubishi Heavy Industries Ltd ( id="symbol_7011.T7011.T) to begin work on a final assembly and check-out plant for the F-35 Joint Strike Fighter in Japan , it said on Wednesday. _0"> Steve O'Bryan, Lockheed vice president on the F-35 program, announced the contract agreement at the Paris Airshow. He declined to give details on the value of the contract. _1"> A similar facility built in Italy to assemble F-35 jets in Europe cost an estimated 800 million Euros ($1.1 billion). (Reporting By Andrea Shalal-Esa; Editing by Greg Mahlich)

Men's Warehouse Zimmer : A Men's Warehouse Zimmer firing is trending in terms of top news today, and it has to do with a recent announcement from Men’s Warehouse on the ousting of George Zimmer — the popular voice and commercial face of the clothing company — from his role as executive chairman and possibly even being fired from the company, NBC Bay Area reported this Wednesday, June 19. The Men’s Warehouse Zimmer story began after the Men’s Warehouse official Board of Directors announced this week that they had removed George Zimmer from his leadership position in the successful company. The big question? There was no stated reason given for Zimmer’s alleged firing. “[We] expect to discuss with Mr. Zimmer the extent, if any, and terms of his ongoing relationship with the Company,” said the Board of Directors in their announcement. In addition to having Zimmer potentially terminated from Men’s Warehouse, the clothing company also reported that its shareholder

Boeing ( id="symbol_BA.N_0">BA.N) has won an order for 30 of its 737 MAX 8 aircraft worth $3 billion at list prices from leasing firm CIT Group ( id="symbol_CIT.NCIT.N), the two companies said at the Paris Airshow on Wednesday. _0"> The deal comprises 10 new aircraft and the conversion of 20 existing 737 orders, with deliveries due in 2019 and 2020, CIT said. It came two days after Boeing announced 737 MAX orders from SkyMark Airlines ( id="symbol_9204.T9204.T) and TUI Travel ( id="symbol_TT.LTT.L). _1"> CIT is also "seriously looking" at the 787-10 aircraft that Boeing launched on Tuesday, said Jeff Knittel, president of transportation finance at CIT. The 787-10 is the latest and largest variant of the 787 Dreamliner family of aircraft. _2"> With this new order, CIT has a total order book of 164 aircraft including next-generation 737s and 787s. _3"> As of the end of March, it owned or financed a fleet of abou

European aerospace group EADS ( id="symbol_EAD.PA_0">EAD.PA) said on Wednesday the window for a merger with BAE Systems ( id="symbol_BAES.LBAES.L) was "closed". _0"> "Considerations about a deal with BAE are water under the bridge; we have said this time and again, the window is closed," EADS chief spokesman Rainer Ohler said. _1"> The two companies abandoned plans to forge the world's largest defense company in October amid German opposition. The Financial Times reported in the headline of an article on Wednesday that EADS had left the door open to a new merger attempt with Europe's largest defense group. (Reporting by Tim Hepher; Editing by James Regan)

U.S. arms makers see rising foreign demand for fighter jets, missile defense systems and other weapons as countries modernize their forces and U.S. officials, facing tighter budgets, encourage allies to invest more in intelligence gathering and aerial refueling equipment. U.S. Air Force arms sales doubled from 2005 to 2011 and will likely remain strong in coming years, a senior Air Force official said at the Paris air show on Monday. The Paris gathering, which occurs every other year and is celebrating its 50th anniversary this year, has been dominated by the yearly scramble by Boeing Co ( id="symbol_BA.N_0">BA.N) and Airbus ( id="symbol_EAD.PA_1">EAD.PA) for commercial airplane orders, while the participation of U.S. military aircraft was prevented by across-the-board budget cuts. But in meeting rooms and receptions across Paris and the Le Bourget airfield, U.S. executives and government officials say they can barely keep up with demand for briefings on

Stocks were little changed on Wednesday before the Federal Reserve releases a statement which could provide clues about the Fed's future stimulus efforts, a key to the market's continued rally. The Fed will release a policy statement at 2 p.m., which will sum up policymakers' views on the economic outlook and may also shed light on when the Fed might scale back its bond-buying, meant to stimulate growth and bolster the shaky job market. Chairman Ben Bernanke will hold a news conference beginning at 2:30 p.m. He is likely to be asked about the timeline for winding down bond purchases, about inflation that is below the Fed's target and his views on being reappointed Fed chairman after his term expires in 2014. The S&P 500 has regained some losses in the last few days as confidence increased that the Fed will leave the current stimulus in place even if Bernanke nods at the need to begin reducing bond purchases later in the year. Seth Setrakian, partner and co-hea