Rolls-Royce offloads commercial marine business to Norway's Kongsberg

1st Apr 2019 13:27

(Sharecast News) - Rolls-Royce has offloaded its commercial marine business to Norwegian technology group Kongsberg on Monday, netting somewhere in the vicinity of £350m to £400m in the process.

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Activist investor ValueAct cuts Rolls-Royce stake

25th Mar 2019 11:03

(Sharecast News) - Rolls-Royce was under pressure on Monday after San Francisco-based activist investor ValueAct Capital Management cut its stake in the company.

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Morgan Stanley ups rating on Rolls Royce on improving cashflow

18th Mar 2019 10:34

(Sharecast News) - Morgan Stanley has upgraded its rating on engines group Rolls-Royce, arguing that market share gains are likely to drive sector-beating cashflow growth.

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Rolls-Royce posts £1.2bn loss after engine troubles, restructuring

28th Feb 2019 07:24

(Sharecast News) - Rolls-Royce made a loss at the bottom line due to sizeable one-off charges but ended 2018 with a pile of cash after axing around 1,300 jobs and selling off its fuel injection business.

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SFO closes Rolls-Royce and GSK investigations

22nd Feb 2019 12:11

(Sharecast News) - The Serious Fraud Office has closed its investigations into alleged bribery at GlaxoSmithKline and Rolls-Royce, it said on Friday.

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Rolls-Royce secures further engine orders from Emirates

14th Feb 2019 07:27

(Sharecast News) - Rolls-Royce has secured an order for Trent 7000 engines to power 40 Airbus A330neo aircraft from Emirates, it announced on Thursday.

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Credit Suisse upgrades Rolls-Royce as Trent 1000 issues on the mend

13th Feb 2019 15:31

(Sharecast News) - Rolls-Royce got a boost on Wednesday as Credit Suisse upped its stance on the stock to 'outperform' from 'neutral' and hiked the price target to 1,065p from 900p as it said issues with the Trent 1000 engine seem to be on the mend.

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Analyst recommendations fail to beat the market

23rd Jan 2019 12:43

(Sharecast News) - The ten blue-chip stocks most regularly backed by analysts with 'buy' recommendations lost more than the FTSE 100 index in 2018, fresh analysis showed on Wednesday.

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JP Morgan cuts target on Rolls Royce, keeps Airbus as 'top pick'

10th Jan 2019 13:57

(Sharecast News) - JP Morgan slashed its target price for Rolls Royce, cautioning clients of the multiple company-specific but also sector-wide headwinds which the company was facing, even as it continued to sound a positive note on the European Civil Aerospace sector and on the likes of Airbus, Meggitt and MTU.

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Rolls-Royce still working on Brexit contingency plans

12th Dec 2018 07:04

(Sharecast News) - Rolls-Royce on Wednesday said it was still implementing Brexit contingency plans after the UK government pulled a vote on the withdrawal agreement.

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Director dealings: Rolls-Royce CEO ups stake

21st Nov 2018 16:55

(Sharecast News) - Rolls-Royce chief executive Warren East purchased 9,488 ordinary shares in the FTSE 100-listed engine manufacturer on Wednesday.

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Sector movers: Builders benefit from budget, defence stocks downded

30th Oct 2018 12:14

(Sharecast News) - Housebuilders and construction groups were top of the pile on Tuesday thanks to treats doled out by the Chancellor the day before, while defence stocks were under water.

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Rolls-Royce upside in longer-term cash flow, says Oddo

25th Oct 2018 15:20

(Sharecast News) - Rolls-Royce is on the verge of a "significant" upturn in cash flow, which analysts at Oddo BHF said should be the sole decisive metric to which investors pay attention.

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Thursday broker round-up

13th Sep 2018 13:19

(Sharecast News) - Grainger: Numis upgrades to buy with a target price of 369p.

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Monday broker round-up

10th Sep 2018 11:48

(Sharecast News) - Glencore: JP Morgan downgrades to neutral with a target price of 370p.

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