JP Morgan bullish on aerospace but not on Rolls-Royce
13th Dec 2022 14:39
(Sharecast News) - Analysts at JP Morgan sounded a bullish note on the outlook for the European civilian aerospace and defence sectors, but with the notable exception of Rolls Royce.
Read moreRolls-Royce rallies after Textron secures US Army deal
6th Dec 2022 11:56
(Sharecast News) - Engine maker Rolls-Royce rallied on Tuesday after the US awarded its Future Long-Range Assault Aircraft, FLRAA, to Textron's V-280 Valor project.
Read moreBarclays initiates coverage on Rolls-Royce at 'overweight'
30th Nov 2022 12:21
(Sharecast News) - Analysts at Barclays initiated coverage on engine maker Rolls-Royce at 'overweight' on Wednesday, stating it was time to "revisit the thesis" on the stock.
Read moreRolls-Royce holds guidance, pays down debt
3rd Nov 2022 07:03
(Sharecast News) - Rolls-Royce held annual guidance as the rebound in post-pandemic air travel continued and said recent market turmoil and inflation had not impacted cash flow.
Read moreThursday preview: Bank of England, Rolls-Royce in the spotlight
2nd Nov 2022 11:19
(Sharecast News) - The market spotlight on Thursday was expected to be firmly on the Bank of England and its policy guidance.
Read moreBodycote appoints Ben Fidler as CFO
31st Oct 2022 07:06
(Sharecast News) - Heat treatment specialist Bodycote has named Ben Fidler as its next chief financial officer.
Read moreRolls-Royce appoints Jörg Stratmann as head of Power Systems
20th Sep 2022 11:50
(Sharecast News) - Rolls-Royce said on Tuesday that Dr Jörg Stratmann has been appointed as chief executive of the Power Systems business.
Read moreRolls-Royce first-half profits fall but FY guidance backed
4th Aug 2022 07:58
(Sharecast News) - Engine maker Rolls-Royce reported a drop in first-half underlying operating profit on Thursday but backed its full-year guidance amid expectations of an improvement in the civil aerospace division.
Read moreRolls Royce's sale of Spanish subsidiary gets green light from government
3rd Aug 2022 07:04
(Sharecast News) - Engine manufacturer Rolls-Royce said on Wednesday that the Spanish government had approved the sale of its ITP Aero subsidiary to a consortium of investors led by Bain Capital Private Equity.
Read moreRolls Royce taps Tufan Erginbilgic for CEO
26th Jul 2022 07:24
(Sharecast News) - Aero-engine manufacturer Rolls-Royce has appointed former BP executive Tufan Erginbilgic to the role of chief executive officer.
Read moreSunday newspaper round-up: Inflation, OneWeb, Rolls-Royce
24th Jul 2022 16:46
(Sharecast News) - The consultancy unit of EY think that consumer price inflation could hit 15% over the next winter. The prediction is a worst case scenario from the economists at EY-Parthenon, premised on President Putin blocking natural gas supplies to Europe, soaring food prices and inflation expectations becoming embedded amongst the population. Inflation in the UK hit a 40-year high in June, rising at an annual pace of 9.4%, and candidate for Prime Minister, Rishi Sunak, has described the cost of living as the "number one challenge we face". - Sunday Times
Read moreSunday newspaper round-up: Rolls Royce, Crude oil, AO World
3rd Jul 2022 16:49
(Sharecast News) - Rolls Royce failed to sell its Spanish unit ITP last week as planned, although Spanish regulators are expected to sign off on the transaction in the next few weeks. The engineer's proposed £1.5bn sale of the unit to US private equity outfit, Bain Capital, is a "crucial" part of its recovery plan. Holding up the deal is the Spanish government's desire to bring local investors on board. Talks between officials in Madrid and Bain are ongoing. The delays come even as Rolls Royce is facing a leadership vacuum due to the impending exit of its chief executive officer. - Financial Mail on Sunday
Read moreRolls-Royce offers staff £2k cost-of-living bonus
21st Jun 2022 09:22
(Sharecast News) - Tens of thousands of staff at Rolls-Royce are set to receive a £2,000 payment to help with the skyrocketing cost of living.
Read moreBerenberg lowers Rolls-Royce to 'hold'
15th Jun 2022 08:40
(Sharecast News) - Analysts at Berenberg downgraded aerospace and defence giant Rolls-Royce from 'buy' to 'hold' on Wednesday, citing "relative uncertainty".
Read moreMorgan Stanley ups Rolls-Royce to 'overweight'
13th Jun 2022 08:40
(Sharecast News) - Morgan Stanley upgraded shares of engine maker Rolls-Royce on Monday to 'overweight' from 'equalweight', saying it was "the clearest example of mispricing" in its coverage.
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