Rolls-Royce takes wraps off mid-term financial targets
28th Nov 2023 07:48
(Sharecast News) - Rolls-Royce unveiled its mid-term financial targets on Tuesday, aimed at ushering in a significant transformation in its performance.
Read moreSunday newspaper round-up: Rolls-Royce, Minimum wage, Metro Bank
26th Nov 2023 20:42
(Sharecast News) - Rolls-Royce chief Tufan Erginbilgic is expected to push for government backing for the company's small modular reactors. The engineer has already received approximately £200m in government funding and has a lead on its domestic and foreign rivals, but Erginbligic is worried that they might catch up. The government's lukewarm attitude may also make potential foreign buyers hesitate. - The Financial Mail on Sunday
Read moreLondon close: Stocks finish mixed, Rolls-Royce jumps on upgrade
31st Oct 2023 15:41
(Sharecast News) - London's stock markets saw a mixed performance on Tuesday, with Rolls-Royce recording solid gains after a rating upgrade, while BP fell on disappointing third-quarter numbers.
Read moreBarclays upgrades Rolls-Royce to 'overweight'
31st Oct 2023 07:56
(Sharecast News) - Barclays has raised its stance on engineering giant Rolls-Royce from 'equal weight' to 'overweight' after recent weakness in the share price.
Read moreRolls-Royce to cut up to 2,500 jobs as part of streamlining plans
17th Oct 2023 07:39
(Sharecast News) - Engine maker Rolls-Royce said on Tuesday that it will cut up to 2,500 jobs worldwide as part of a plan to streamline the organisation.
Read moreSenior secures 12-year contract extension with Rolls-Royce
27th Sep 2023 07:14
(Sharecast News) - FTSE 250 engineering and manufacturing group Senior said on Wednesday that its aerospace division has been awarded a 12-year contract extension with Rolls-Royce for the supply of precision machined structures and components.
Read moreRolls-Royce and EasyJet reach key milestone in development of hydrogen-powered engines
26th Sep 2023 10:36
(Sharecast News) - Rolls-Royce and EasyJet achieved a new milestone in their combined efforts to develop hydrogen-fueled engines.
Read moreSunday newspaper round-up: Labour, British Land, Rolls-Royce
17th Sep 2023 22:39
(Sharecast News) - Investors are now backing Labour, dealing a blow to the Prime Minister's efforts to rebuild the Tories reputation for sound money. Two thirds of money managers and traders canvassed by Bloomberg said that the best outcome for markets from the next election would be either a Labour government or a coalition led by Labour.Four fifths of those polled said that confidence in British assets had yet to recover from the mini-Budget crisis under Liz Truss. - The Sunday Telegraph
Read moreSunday newspaper round-up: Battery Technologies, Rolls Royce, Energy bills
6th Aug 2023 15:30
(Sharecast News) - Britain needs to invest in key battery technologies in order to avoid becoming dependent on countries like China in the energy transition, the head of the Faraday Institution said. The country required "sovereign capabilities" and its own supply chains, she said. Her remarks followed Tata's announcement that it would construct a £4bn battery gigafactory in Sommerset after securing £500m of subsidies from the government. - Sunday Telegraph
Read moreRolls Royce delivers sharp rise in 1H revenues and profits
3rd Aug 2023 07:02
(Sharecast News) - Rolls Royce was firing on all cylinders during the front half of 2023.
Read moreThursday preview: Bank of England, Rolls Royce in the spotlight
2nd Aug 2023 10:26
(Sharecast News) - Investors' focus on Thursday would be on the Bank of England.
Read moreDirectors dealings: Rolls Royce boss retains vested shares
31st Jul 2023 16:15
(Sharecast News) - Rolls Royce's boss kept all of the shares that vested in lieu of a percentage of his base salary.
Read moreSunday newspaper round-up: 'Debt timebomb', Rolls-Royce, BAE Systems
30th Jul 2023 11:21
(Sharecast News) - Millions of British families are are having to borrow to pay their basic bills and expenses marking a dangerous new phase of the cost of living crisis. And with interest rates set to be hiked again over the coming week, some are warning of a "debt timebomb" among less well off households. Rising rates are in many cases also cutting of access to borrowing. Reports also suggested that struggling single parents were being targeted through social media ads with inappropriate debt repayment schemes. - Guardian
Read moreBofA Merrill Lynch lifts Rolls-Royce price target
27th Jul 2023 08:48
(Sharecast News) - Bank of America Merrill Lynch hiked its price target on engine maker Rolls-Royce on Thursday to 260p from 190p after results a day earlier.
Read moreRolls-Royce hikes guidance after bumper first half
26th Jul 2023 07:04
(Sharecast News) - Rolls-Royce surpassed market expectations in its first half, it said in an update on Wednesday, as its ongoing transformation efforts drove improved margins and bolstered its full-year outlook.
Read more