Sunday 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.
Read moreJP Morgan cuts Rolls-Royce target price on three new concerns
28th Aug 2020 10:16
(Sharecast News) - There are three new reasons for investors to cut their holdings in Rolls-Royce, JP Morgan said as it reduced its price target on the engine maker.
Read moreRolls-Royce aims to raise £2bn in disposals after large HY loss
27th Aug 2020 06:59
(Sharecast News) - Aircraft engine maker Rolls-Royce said it was selling its Spanish business as it sought to raise £2bn after reporting a large interim loss and scrapping its dividend due to the coronavirus pandemic.
Read moreThursday preview: Fed's Powell, Rolls Royce in the spotlight
26th Aug 2020 15:54
(Sharecast News) - The market spotlight on Thursday will be on the US central bank and the start of its annual gathering of central banking experts from around the world at Jackson Hole, Wyoming,
Read moreRolls-Royce's activist investor sells entire stake
7th Aug 2020 09:14
(Sharecast News) - The activist US investor that was Rolls-Royce's biggest shareholder has sold its entire stake in the UK engine maker as the company mulls a big capital raising, according to a report.
Read moreMoody's downgrades Rolls-Royce credit rating to junk
27th Jul 2020 10:20
(Sharecast News) - Ratings agency Moody's downgraded Rolls-Royce's credit rating to junk on Monday, saying it expects "substantial" cash outflows as the engine maker takes a hit from the coronavirus pandemic.
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