Sunday newspaper round-up: Moderna, Asda, Summer holidays
28th Mar 2021 12:36
(Sharecast News) - A third coronavirus vaccine will start being administered in the UK next month, joining the Pfizer and AstraZeneca jabs already in use, the culture secretary, Oliver Dowden, has confirmed. Britain has ordered 17m doses of the Moderna vaccine, which has a 94% efficacy rate in trials, and Dowden said the first supplies were expected to arrive in April. - Guardian
Read moreNorway blocks Rolls-Royce sale of Bergen to Russia's TMH
23rd Mar 2021 11:57
(Sharecast News) - Rolls-Royce will seek help from the Norwegian government to "find another option" after the sale of its Bergen marine engine business to Russia's TMH Group was blocked by Norway on national security grounds.
Read moreJPMorgan upgrades Rolls-Royce, shares rally
17th Mar 2021 09:25
(Sharecast News) - Rolls-Royce rallied on Wednesday as JPMorgan Cazenove upgraded shares of the engine maker to 'neutral' from 'underweight', highlighting four reasons behind the change, despite "major challenges".
Read moreBofA hikes target for Rolls Royce, says focus now on free cash flow
12th Mar 2021 12:31
(Sharecast News) - Analysts at Bank of America hiked their target price for shares of Rolls Royce from 55.0p to 80.0p in anticipation of stronger than previously expected free cash flow generation in 2022.
Read moreRolls-Royce sticks to cash flow target after £4bn loss
11th Mar 2021 07:02
(Sharecast News) - Rolls-Royce reported a £4bn annual loss that was worse than expected but stuck to its prediction that it would start to generate cash in the second half of 2021.
Read moreThursday preview: ECB rate decision, Rolls Royce in the spotlight
10th Mar 2021 12:16
(Sharecast News) - The focus on Thursday will shift to the European Central Bank, as the Governing Council meets to decide on policy.
Read moreSunday newspaper round-up: Greensill, Card Factory, ITV
7th Mar 2021 19:49
(Sharecast News) - Steel tycoon Sanjeev Gupta owes an estimated £4 billion to stricken Australian finance house Greensill and some of the world's biggest lenders. Analysis of the industrialist's spending and borrowing spree over several years reveals that he owes more than £3 billion alone to Greensill, the business that fuelled his growth spree but is now on the brink of administration. - Sunday Times
Read moreRolls-Royce hires ex-Deloitte partner Kakoullis as CFO
15th Feb 2021 07:02
(Sharecast News) - Rolls-Royce has hired former Deloitte partner Panos Kakoullis as chief financial officer to help steer the company through the crisis in the aviation industry.
Read moreThursday broker round-up
11th Feb 2021 14:18
(Sharecast News) - JD Wetherspoons: Peel Hunt downgrades to reduce with a target price of 1,150p.
Read moreRolls-Royce plans summer shutdown for jet engine plants
8th Feb 2021 07:27
(Sharecast News) - Rolls-Royce is closing temporarily its jet engine factories for two weeks this summer as it move to save cash amid the coronavirus pandemic.
Read moreSunday newspaper round-up: AstraZeneca, Amazon, Retailers
7th Feb 2021 11:55
(Sharecast News) - Vaccines Minister Nadhim Zahawi today said AstraZeneca is 'confident' its jab prevents serious illness caused by the South African coronavirus variant after early data from a small study suggested the vaccine was less effective against the strain. Mr Zahawi said he had spoken to England's Deputy Chief Medical Officer Jonathan Van Tam this morning about the study as he insisted the vaccine 'does protect against severe disease'. He said that through its own trials AstraZeneca is 'confident that it does effectively deal with serious illness, serious disease and hospitalisation'. - Financial Mail on Sunday
Read moreRolls-Royce to sell Bergen Engines to Russia's TMH for €150m
4th Feb 2021 10:17
(Sharecast News) - Rolls-Royce has agreed to sell the Bergen Engines medium speed gas and diesel engines business to Russian engineering company TMH Group for about €150m.
Read moreRolls-Royce to put UltraFan 'on ice' until new plane - report
4th Jan 2021 12:16
(Sharecast News) - Rolls-Royce's boss said the company would put its UltraFan engine programme on hold when testing ends in 2022 as it waits for new aeroplanes to be developed.
Read moreMonday broker round-up
14th Dec 2020 13:32
(Sharecast News) - Midwich Group: Berenberg reiterates buy with a target price of 550p.
Read moreBerenberg lowers target price on Rolls Royce
14th Dec 2020 12:13
(Sharecast News) - Analysts at Berenberg cut their target price on aerospace and defence company Rolls-Royce from 250.0p to 140.op on Monday, citing ongoing headwinds stemming from the Covid-19 pandemic.
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