Rolls-Royce sees FY profits at lower end after Trent repair costs blowout
7th Nov 2019 07:07
(Sharecast News) - Rolls-Royce forecast full year profits at the lower end of expectations as the cost to fix its troubled Trent 1000 engine blew out by another £800m and a final fix date was delayed until 2021.
Read moreMorgan Stanley lowers Rolls Royce target but sees 'compelling' value
1st Nov 2019 13:36
(Sharecast News) - Analysts at Morgan Stanley marked down their target price on shares of UK aerospace manufacturer Rolls Royce, but told clients to look past the temporary costs related to the Trent 1000 programme and that their fundamental value was "compelling", even if sentiment was at a low ebb.
Read moreThursday broker round-up
24th Oct 2019 13:38
(Sharecast News) - Reckitt Benckiser: UBS downgrades to neutral with a target price of 6,200p.
Read moreRolls-Royce warns of longer disruption in Trent 1000 programme
20th Sep 2019 07:24
(Sharecast News) - Rolls-Royce warned of further disruption to its airline customers on Friday, as it accelerated its blade replacement programme for a number of faulty Trent 1000 engines fitted to Boeing 787 Dreamliner aircraft.
Read moreWednesday broker round-up
14th Aug 2019 13:07
(Sharecast News) - Just Eat: Citigroup downgrades to neutral with a target price of 805p.
Read moreFriday broker round-up
28th Jun 2019 15:11
(Sharecast News) - QinetiQ: Credit Suisse downgrades to neutral with a target price of 325p.
Read moreFriday broker round-up
21st Jun 2019 13:30
(Sharecast News) - Weir Group: Liberum downgrades to buy with a target price of 1,650p.
Read moreJP Morgan says Rolls Royce's guidance on R&D 'unrealistic'
21st Jun 2019 10:25
(Sharecast News) - Analysts at JP Morgan reiterated their 'underweight' recommendation on shares of Rolls Royce, pointing to a weakening market for wide body jets and the European Union's drive to reduce the hit to the environment from aviation.
Read moreRolls Royce to acquire Siemens' electric aviation business
18th Jun 2019 10:37
(Sharecast News) - Rolls Royce on Tuesday agreed to acquire Siemens' electric and hybrid-electric aerospace propulsion business, eAircraft, in a move that the engineering firm said will accelerate its electrification strategy.
Read moreSpain's Indra may bid for majority stake in Rolls-Royce's ITP Aero
14th Jun 2019 13:21
(Sharecast News) - Spanish information technologies outfit Indra has expressed an interest in acquiring a majority stake in ITP Aero from Rolls Royce.
Read moreRolls-Royce transfers ?4.6bn of UK pension scheme to L&G
6th Jun 2019 07:53
(Sharecast News) - Rolls-Royce said on Thursday that its pension scheme has agreed to transfer £4.6bn of assets to Legal & General in what is the UK's largest ever bulk annuity.
Read moreRolls-Royce on track to meet FY expectations
2nd May 2019 07:18
(Sharecast News) - Engine maker Rolls-Royce reiterated cost guidance on repairs to its Trent 1000 aircraft engine adding it was on track to meet overall full year expectations.
Read moreMorgan Stanley reiterates 'overweight' stance on Rolls-Royce
23rd Apr 2019 11:07
(Sharecast News) - Analysts at Morgan Stanley reiterated their 'overweight' recommendation for shares of British engineering company Rolls-Royce on Tuesday, with improved cash flow quality expected to result in an increased focus on its improving fundamentals over the next twelve to eighteen months.
Read moreRolls-Royce agrees to EU inspections of Trent TEN engines
10th Apr 2019 08:19
(Sharecast News) - Aircraft engine maker Rolls-Royce on Wednesday said on Wednesday it had agreed with EU authorities to inspect some of its Trent 1000 TEN engines earlier due to blade deterioration issues.
Read moreRolls-Royce hit by new worries about Trent engine
2nd Apr 2019 13:27
(Sharecast News) - Rolls-Royce shares suffered some turbulence on Tuesday after two Singapore Airlines planes were grounded because their Trent 1000 engines were wearing out faster than expected.
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