Rolls-Royce in second order win for Trent engines
18th Nov 2013 14:52
Engineering giant Rolls-Royce has won an order from Qatar Airways for Trent 700 engines with long-term TotalCare support to power five Airbus A330 freighter aircraft. The order for five Airbus A330 Freighters and eight options was announced by the airline on the first day of the Dubai Air Show.
Read moreLondon midday: Aberdeen, financials lead markets higher
18th Nov 2013 11:34
- Aberdeen rockets after acquisition of SWIP, results - Petrofac plummets after cautious guidance - FOMC minutes and China reforms in focus techMARK 2,647.58 -0.06% FTSE 100 6,721.15 +0.41% FTSE 250 15,272.88 +0.17% After a subdued start, UK markets pushed into positive territory by Monday lunchti
Read moreLondon open: Stocks slip ahead of quiet day
18th Nov 2013 08:23
- Quiet day on the macro front - Capita, Severn Trent fall after CEO exits - Aberdeen jumps after annual results, acquisition - Petrofac slumps on cautious guidance techMARK 2,636.54 -0.48% FTSE 100 6,682.77 -0.16% FTSE 250 15,223.14 -0.15% Markets opened slightly lower on Monday morning as invest
Read moreLondon pre-open: FTSE to inch lower in early trade
18th Nov 2013 07:27
City sources predict the FTSE 100 will open around eight points lower than Friday's close of 6,693.44, easing off slightly as investors look ahead to Wednesday when the minutes of the latest Federal Reserve policy meeting will be released. On Friday UK stocks ended the session with broadly decent
Read moreRolls Royce wins five billion-dollar order for Trent engine
18th Nov 2013 07:02
Rolls-Royce, the FTSE 100-listed engineering giant, has won a five billion-dollar order for the Trent XWB engine to power 50 Airbus A350 XWB aircraft. The order takes the total number of Etihad A350 aircraft on order to 62, all powered by the Trent XWB. Tony Wood, President of Aerospace at Rolls-
Read moreLondon close: Markets gain on QE speculation, Vedanta drops
15th Nov 2013 17:02
- Stocks extend gains on US stimulus hopes - US industrial production, NY manufacturing data misses forecasts - Vedanta drops sharply after interim report techMARK 2,649.29 0.00% FTSE 100 6,693.44 +0.41% FTSE 250 15,246.58 -0.07% Markets ended Friday's session with decent gains as investors contin
Read moreSector movers: Aero/defence hit by US concerns after Ultra Electronics update
15th Nov 2013 15:42
Aerospace and defence stocks were being sold off on Friday after Ultra Electronics became the latest company in the sector to be hit by concerns over government funding in the States. The defence, transport and energy products company said that due to a "number of headwinds, mainly in the US govern
Read moreFTSE 100 movers: Vedanta shares hit by revenue decline
15th Nov 2013 14:27
Mining group Vedanta Resources dropped sharply lower as investors reacted to a 17 per cent drop in first-half revenue to 6.2bn dollars on the back of falling commodity prices. Shares in Centrica extended yesterday's declines which came after it warned market conditions remained challenging, partic
Read moreLondon midday: Markets extend gains on US stimulus hopes
15th Nov 2013 11:38
- Stimulus hopes continue to drive markets after Yellen comments - Eurozone CPI inflation in line with initial estimate - IAG raises profit forecast for 2015 techMARK 2,653.33 +0.15% FTSE 100 6,692.14 +0.39% FTSE 250 15,283.74 +0.17% UK stocks were registering decent gains on Friday morning follow
Read moreSector movers: IAG and Rolls-Royce lead aerospace sector higher
8th Nov 2013 15:40
The aerospace and defence sector was the top performer on Friday with International Consolidation Airlines Group leading the way after the company's third quarter profits beat forecasts. Rolls-Royce, which supplies engines to the aerospace market, also boosted the industry after saying it expects
Read moreFTSE 100 movers: IAG leaps on strong Q3 results
8th Nov 2013 14:51
International Consolidated Airlines Group (IAG) charged higher after it delivered a "strong" set of third quarter results which showed British Airways' performance had taken off aided by the bounce back from the Olympics effect last year. The airlines group reported three month pre-tax profit had so
Read moreLondon midday: Investors cautious ahead of US jobs report
8th Nov 2013 11:34
- FTSE down 32 points - Investors await jobs report - Surprise fall in UK construction output techMARK 2,625.04 -0.68% FTSE 100 6,664.27 -0.49% FTSE 250 15,302.27 -0.57% The FTSE continued to sit firmly in the red by lunchtime as investors await today's all-important jobs report, which will be a
Read moreLondon open: FTSE sinks ahead of US jobs report
8th Nov 2013 08:47
- FTSE moves 30 points lower ahead of US data - France rating downgraded by S&P - Ofwat blocks Thames Water price hike plans techMARK 2,627.93 -0.57% FTSE 100 6,665.29 -0.48% FTSE 250 15,288.05 -0.66% As predicted, the FTSE 100 opened notably lower than yesterday's close of 6,697.22, tracking some
Read moreLondon pre-open: Sharp drop expected as US stocks fall overnight
8th Nov 2013 07:26
City sources predict the FTSE 100 will open around 42 points lower than yesterday's close of 6,697.22, tracking some sharp falls on US markets overnight as economic data prompted concerns about a scaling back of monetary stimulus. The Dow Jones Industrial Average pulled back by 1% after hitting a
Read moreRolls-Royce expects modest growth in full-year profit and revenue
8th Nov 2013 07:11
- Modest growth in underlying annual revenue and profit - Profit guidance changed in Defence Aerospace and Marine - New contracts boost performance Rolls-Royce expects the full year to achieve modest growth in underlying revenue and underlying profit with cash flow around breakeven, according to a
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