Rolls-Royce Lancashire workers vote to strike over offshoring plan
26th Oct 2020 10:30
(Sharecast News) - Workers at an historic Rolls-Royce plant in Lancashire have voted overwhelmingly to take strike action in response to an offshoring plan that could result in 350 job cuts.
Read moreEuropean regulator says Boeing 737 Max ready to fly again
16th Oct 2020 12:11
(Sharecast News) - Europe's aviation regulator said on Friday that the Boeing 737 Max is safe enough to return to the skies before the end of the year following two deadly crashes.
Read moreUK 'Tempest' programme will support 20,000 jobs a year through 2050
15th Oct 2020 16:10
(Sharecast News) - Development of the UK's next-generation combat jet will support tens of thousands of jobs with very significant positive spill-over effects for the broader economy, a study conducted by consultancy PwC found.
Read moreBerenberg lowers target price on Rolls-Royce
9th Oct 2020 09:13
(Sharecast News) - Analysts at Berenberg slightly lowered their target price on aerospace and defence giant Rolls-Royce from 270.0p to 250.0p on Friday ahead go the group's £5.0bn "reset".
Read moreJPM cuts Rolls-Royce price target, sees £6bn of new equity
28th Sep 2020 11:02
(Sharecast News) - JP Morgan cut its price target for Rolls-Royce shares for the second time in a month and warned the troubled engine maker needs at least £6bn of new equity.
Read moreSunday newspaper round-up: Rolls-Royce, IWG, Bank of England
27th Sep 2020 18:13
(Sharecast News) - Rolls-Royce is poised to tap investors for £2.5billion at a steep discount to the current share price to solve its funding crisis, The Mail on Sunday understands. City sources said it was considering pricing the cash call at £1 per share - 35 per cent below Friday's closing price of £1.54. - Mail on Sunday
Read moreRolls-Royce confirms possible £2.5bn fund raising
21st Sep 2020 09:30
(Sharecast News) - Rolls-Royce has confirmed it is considering a potential £2.5bn fund raising, sending its shares sharply lower.
Read moreSunday newspaper round-up: Coronavirus, UK taxes, Wheaton Precious Metals
20th Sep 2020 23:00
(Sharecast News) - Britain's most senior government scientists will make a direct appeal to the public on Monday, warning that the coronavirus trend is "heading in the wrong direction" and "a critical point has been reached". As Downing Street considers imposing nationwide curbs to contain a sharp jump in cases, the chief medical officer for England, Chris Whitty, will make a rare live televised address alongside the UK chief scientific adviser, Sir Patrick Vallance. - Guardian
Read moreRolls-Royce still reviewing funding options
17th Sep 2020 07:42
(Sharecast News) - Rolls-Royce is still reviewing a range of funding options to strengthen its balance sheet including debt and equity, but no final decisions have been made, the engine maker said.
Read moreSector movers: Headwinds from pandemic hit Aerospace and Food Retailers
17th Sep 2020 00:01
(Sharecast News) - Aerospace and Defence issues were at the bottom of the pile on Wednesday amid still dour investor sentiment towards the sector.
Read moreFriday broker round-up
11th Sep 2020 13:47
(Sharecast News) - Vistry: JP Morgan upgrades to neutral with a target price of 670.0p.
Read moreBerenberg slashes target price on Rolls-Royce, raises to 'buy'
11th Sep 2020 10:28
(Sharecast News) - Analysts at Berenberg slashed their target price on aerospace and defence manufacturer Rolls-Royce from 890.0p to 270.0p on Friday but upped their rating on the firm from 'hold' to 'buy', stating nothing was priced in for a turnaround.
Read moreRolls-Royce wins nuclear reactor contract in China
3rd Sep 2020 10:44
(Sharecast News) - Rolls-Royce said it won a contract worth many millions of euros to provide the neutron flux monitoring system for two nuclear reactors under construction in China.
Read moreSector movers: Aerospace and Defence walloped by break-out in Sterling, Miners higher
1st Sep 2020 16:12
(Sharecast News) - Aerospace and defence names were at the bottom of the pile as Sterling continued its push higher, oblivious to what some observers had billed as a key week for Brexit talks between Brussels and London.
Read moreFriday broker round-up
28th Aug 2020 13:28
(Sharecast News) - CLS Holdings: Berenberg reiterates buy with a target price of 270p.
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