Rolls-Royce sees higher cash burn on Covid second wave
11th Dec 2020 07:01
(Sharecast News) - Aircraft engine maker Rolls-Royce on Friday warned the second wave of Covid-19 was hampering a recovery in air travel, leading it to lift cash outflow projections.
Read moreFriday preview: US consumer confidence, Rolls Royce in the spotlight
10th Dec 2020 15:11
(Sharecast News) - The focus at the end of the week will shift back to the US, where the University of Michigan will release its preliminary reading on consumer confidence in the country for the month of December.
Read moreRolls-Royce to offload nuclear instrument unit to France's Framatome
7th Dec 2020 13:15
(Sharecast News) - Rolls-Royce has agreed to sell its French civil nuclear business to EDF-controlled Framatome, the blue chip engineer announced on Monday.
Read moreRolls-Royce hints at re-entry into narrow-body jetliner market, shares rally
3rd Dec 2020 11:36
(Sharecast News) - Rolls-Royce shares surged on Thursday after the engine maker's director of energy and technology told Bloomberg in an interview that the coronavirus crisis may provide it with space for development of critical new engine technologies and a possible re-entry into the narrow-body jetliner market.
Read moreModerna reports 95% efficacy in Covid vaccine trials, stocks jump
16th Nov 2020 12:46
(Sharecast News) - Markets rallied on Monday after US biotech Moderna said its experimental Covid-19 vaccine had proved nearly 95% effective in phase 3 trials.
Read moreRolls-Royce says nuclear power plan would create 6,000 jobs
11th Nov 2020 09:03
(Sharecast News) - A group led by Rolls-Royce said it would create 6,000 jobs if the UK government went ahead with plans to build 16 small nuclear power stations.
Read moreSector movers: Aerospace finds a bid, analysts dividend on budget airlines and Rolls Royce
10th Nov 2020 18:39
(Sharecast News) - Aerospace and Defence names were again higher, although analysts' opinions were a little divided when it came to the likes of engineer Rolls Royce or budget airlines.
Read moreSector movers: Investors seek out value in 'bombed out' Aerospace, Bank shares
3rd Nov 2020 11:30
(Sharecast News) - Aerospace and Defence names extended their gains from the preceding session on the back of analysts' upgrades, some of whom had pointed out that the historic valuation discount versus the broader market, defined as the Stoxx Europe 600, that they had reached in October.
Read moreFriday broker round-up
30th Oct 2020 13:40
(Sharecast News) - Royal Dutch Shell: Barclays upgrades to equal weight.
Read moreBoeing to reduce workforce by 20% in the face of Covid-19
28th Oct 2020 12:51
(Sharecast News) - Aerospace giant Boeing laid out plans to streamline the manufacturer in the face of the brutal headwinds from the Covid-19 pandemic that were buffeting the entire sector.
Read moreRolls-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.
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