London close: Stocks finish Monday with small gains
6th Jan 2025 15:06
(Sharecast News) - London's stock markets closed in positive territory on Monday, though gains were modest as investors navigated a backdrop of lackluster UK economic data.
Read moreCiti downgrades Rolls-Royce to 'neutral', shares slump
6th Jan 2025 08:36
(Sharecast News) - Rolls-Royce slumped on Monday after Citi downgraded its stance on the shares to 'neutral' from buy' on valuation grounds.
Read moreRolls-Royce retains guidance after solid third quarter
7th Nov 2024 07:23
(Sharecast News) - Engineering giant Rolls-Royce has reiterated its full-year guidance after a solid third-quarter performance, with demand remaining strong across civil aerospace, defence and power systems markets.
Read moreSunday newspaper round-up: Regulated Utilities, Rolls-Royce, Fuel allowance
22nd Sep 2024 21:14
(Sharecast News) - Singapore sovereign wealth fund GIC is among several international investors who have told the government that they will not look at opportunities in the UK regulated utility sector in the wake of crisis around Thames Water. It is understood that one person at the meeting said that the "UK is totally off our radar at the moment" due to regulators having become "too unpredictable". However, GIC was said to remain bullish on other UK investment opportunities notwithstanding their negativity towards UK regulated utilities. - The Sunday Times
Read moreLondon close: Stocks finish higher as BoE holds rates
19th Sep 2024 16:03
(Sharecast News) - London stocks closed higher on Thursday, buoyed by the Bank of England's widely-expected decision to leave interest rates unchanged.
Read moreLondon close: Stocks slip as US non-farm payrolls undershoot
6th Sep 2024 15:45
(Sharecast News) - London stocks ended lower on Friday, as disappointing US jobs data weighed on investor sentiment.
Read moreEU aviation probe weighs on Rolls-Royce
6th Sep 2024 09:47
(Sharecast News) - Shares in Rolls-Royce Holdings came under pressure on Friday, after the European air regulator announced an one-off inspection of the UK firm's Trent XWB-97 engines.
Read moreLondon close: Stocks slip as investors digest UK, US data
3rd Sep 2024 15:51
(Sharecast News) - London stocks ended Tuesday in negative territory as investors reacted to the latest UK retail sales date, and a fresh manufacturing sector reading out of the US.
Read moreCathay Pacific inspects all A350 jets after engine issue
3rd Sep 2024 08:01
(Sharecast News) - Hong Kong's flag carrier was planning to axe an additional 10 return flights on Wednesday, following the discovery on Monday of a technical issue with a component of the Rolls-Royce manufactured engine of one of its A350 jets.
Read moreSector movers: Defence shares drag on market amid investor caution
3rd Sep 2024 00:54
(Sharecast News) - The FTSE 350 started the month of September on a down note with Defence issues weakest as analysts acted on the sector's lofty valuation.
Read moreS&P Global upgrades credit rating for Rolls-Royce
22nd Aug 2024 09:29
(Sharecast News) - Credit ratings agency S&P Global has upgraded its view on aerospace engineer Rolls-Royce by one notch on the back of the group's rising profitability, strong cash generation and deleveraging.
Read moreLondon close: Stocks finish higher on quiet Monday
19th Aug 2024 14:29
(Sharecast News) - London's stock markets managed to close higher on Monday, reversing earlier losses despite a lack of significant corporate or macroeconomic news.
Read moreSector movers: Rolls Royce jumps, miners down on another unusual day of losses in gold
6th Aug 2024 17:30
(Sharecast News) - UK stocks stabilised on Tuesday even as analysts and investors tried to determine whether or not recent losses in global stock markets were a simple correction or if more losses lay immediately ahead.
Read moreLondon close: Stocks make small rebound from Monday's losses
6th Aug 2024 15:20
(Sharecast News) - London stocks ended Tuesday on a positive note, with key indices recouping some losses from the previous session's sharp selloff.
Read moreJPMorgan hikes price target on Rolls-Royce
6th Aug 2024 10:31
(Sharecast News) - Rolls-Royce rallied on Tuesday as JPMorgan Cazenove hiked its price target on the stock to 535p from 475p "after another set of strong results".
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