Sunday newspaper round-up: Inflation, National Grid, Rolls Royce
23rd Apr 2023 15:46
(Sharecast News) - Former Bank of England chief economist, Andy Haldane, believes that it is "pretty much nailed on" that inflation will halve over the next six months as energy price increases slow down. But in remarks to Sky News, Haldane cautioned that hikes in Bank Rate had yet to impact borrowing costs for many borrowers, especially those on fixed-rate mortgages. "The effects of the tightening so far haven't been fully felt. That would give me cause for pause. I'd think, hang on, the economy is still on unsteady legs right now. Much of the tightening that has already happened hasn't hit people's bank accounts. Perhaps now is the time to press the pause button and see what happens." - Guardian
Read moreRolls-Royce names Helen McCabe as CFO
31st Mar 2023 08:15
(Sharecast News) - Aerospace company Rolls-Royce Holdings revealed on Friday that Helen McCabe will join its board as chief financial officer later in the year.
Read moreS&P raises Rolls Royce long-term debt rating to BB with 'positive' outlook
14th Mar 2023 12:27
(Sharecast News) - Standard and Poor's raised its rating for Rolls Royce long-term debt with a positive outlook.
Read moreCiti ups Rolls-Royce price target, cites 'clear route to much better cash flow'
14th Mar 2023 08:46
(Sharecast News) - Citi lifted its price target on Rolls-Royce on Tuesday to 255p as it cited "a clear route to much better cash flow".
Read moreUBS upgrades Rolls-Royce to 'buy'
8th Mar 2023 15:06
(Sharecast News) - UBS upgraded Rolls-Royce to 'buy' from 'neutral' and nearly doubled the price target to 200p from 105p as it said the shares were "abnormally cheap" despite China reopening.
Read moreDirectors dealings: Rolls Royce non-exec buys shares
24th Feb 2023 16:34
(Sharecast News) - Dame Angela Strank picked up some shares in the engineering group alongside the company's latest full-year results.
Read moreJP Morgan says Rolls Royce's EPS and free cash flow upgrades 'somewhat low quality', stays underweight
24th Feb 2023 14:07
(Sharecast News) - Analysts at J.P.Morgan raised their target price for shares of Rolls Royce but kept their recommendation at 'underweight', telling clients that the engineer's raised forecasts for earnings per share and free cash flow were "somewhat low quality".
Read moreRolls-Royce profits rise as post-pandemic travel rebound continues
23rd Feb 2023 07:03
(Sharecast News) - Aerospace and defence company Rolls-Royce posted a better than expected rise rise in operating profit as the post-pandemic recovery in international travel continued, sending shares in the company up 19%.
Read moreThursday preview: Weekly US jobs data, Rolls Royce in the spotlight
22nd Feb 2023 16:37
(Sharecast News) - All eyes on Thursday would be on the US jobs market as the Department of Labor published its weekly unemployment claims figures.
Read moreRolls Royce chief says company is a 'burning platform'
27th Jan 2023 08:10
(Sharecast News) - Rolls Royce's new boss told staff the engineering group was a "burning platform".
Read moreJP 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.
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