MARKET TALK: Rolls Royce 1H Results Solid - Hargreaves
29th Jul 2010 09:07
0807 GMT [Dow Jones] Rolls Royce's (RR.LN) 1H results are solid, says Keith Bowman, Equity Analyst at Hargreaves Lansdown Stockbrokers, against a difficult backdrop. The strategy aimed at reducing the volatility of earnings is again evident, with after-sales service revenues now nearing a third of g
Read moreLondon open: Astra leads advance
29th Jul 2010 08:49
London's blue chips are cautiously higher in early dealings on Thursday as investors consider a bunch of corporate figures. AstraZeneca is the best performer in early dealings. The group's potential blockbuster heart drug Brilinta has received the backing of a US advisory panel just as the drug gia
Read moreUPDATE: Rolls Royce Lifts Outlook After Steady First Half
29th Jul 2010 08:17
(Adds detail and comment.) By Steve McGrath Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. aircraft engine manufacturer Rolls-Royce Group PLC (RR.LN) Thursday said it expects profits before financing to rise moderately this year due to cost-cutting and a strong performance from its ma
Read moreRolls-Royce set for 2010 profits increase
29th Jul 2010 07:38
Aero engines developer Rolls-Royce expects 2010 profit to be modestly higher than 2009 after a 'robust performance' in the first half of the year. Group revenue in the six months to 30 June 2010 rose to £5,421m from £5,142m at the interim stage last year. Revenues on an underlying basis increased
Read moreRolls Royce Revenues Up, But Profit Hit By Financing Costs
29th Jul 2010 07:24
By Steve McGrath Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. aircraft engine manufacturer Rolls-Royce Group PLC (RR.LN) Thursday said it expects profits before financing costs to rise moderately this year due to cost-cutting and a strong performance from its marine business. Rolls-R
Read moreUPDATE: UK Cable: Govt To Allow Civil Nuclear Exports To India
28th Jul 2010 17:32
LONDON (Dow Jones)--Business Secretary Vince Cable Wednesday said the government plans to allow the export of the U.K.'s civil nuclear technology and expertise to India for the first time. The plan comes despite previous security concerns as India isn't a signatory to the Nuclear Non-Proliferati
Read moreUK Cable: Govt Set To Allow Civil Nuclear Exports To India
28th Jul 2010 12:43
LONDON (Dow Jones)--Business Secretary Vince Cable Wednesday said the government plans to allow the export of the U.K.'s civil nuclear technology and expertise to India for the first time. The plan comes despite previous security concerns as India isn't a signatory to the Nuclear Non-Proliferati
Read more2ndUPDATE: BAE, Rolls-Royce Get Over GBP700 Mln India Deal For Hawk Jets, Engines
28th Jul 2010 12:35
(Adds comments of British prime minister) By Dhanya Ann Thoppil and Santanu Choudhury Of DOW JONES NEWSWIRES BANGALORE (Dow Jones)--BAE Systems PLC (BAESY) and Rolls-Royce Group PLC (RYCEY) Wednesday received separate contracts valued at a combined more than GBP700 million to supply 57
Read moreUPDATE: BAE, Rolls-Royce Get Over GBP700 Mln India Deal For Hawk Jets, Engines
28th Jul 2010 11:41
(Recasts, adds comments from Rolls-Royce, details of contract) By Dhanya Ann Thoppil and Santanu Choudhury Of DOW JONES NEWSWIRES BANGALORE (Dow Jones)--BAE Systems PLC (BAESY) and Rolls-Royce Group PLC (RYCEY) Wednesday received separate contracts valued at a combined more than GBP700
Read moreRolls-Royce To Supply 57 Jet Trainer Aircrafts To India
28th Jul 2010 11:09
LONDON (Dow Jones)--Rolls-Royce Group PLC (RR.LN), a global power systems company, said Wednesday it has finalized the contract for the order of an additional 57 Adour-powered Hawk Advanced Jet Trainer aircraft for the Indian Air Force and Indian Navy. MAIN FACTS: -The Rolls-Royce engine con
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
27th Jul 2010 17:20
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1620 GMT [Dow Jones] S&P Equity Research downgrades Rolls-Royce Group (RR.LN) to sell from hold and cuts the price target
Read moreMARKET TALK: S&P Equity Research Cuts Rolls-Royce To Sell
27th Jul 2010 17:20
1620 GMT [Dow Jones] S&P Equity Research downgrades Rolls-Royce Group (RR.LN) to sell from hold and cuts the price target to 580p from 600p ahead of the 1H results. Says FY '10 "will not be plain sailing" and finds the shares already well supported. With the first outcomes of the UK Strategic Defenc
Read moreUPDATE:India To Order 57 More Hawk Trainer Jets From BAE Systems
27th Jul 2010 15:42
(Adds more comments from Hindustan Aeronautics chairman, background) By Santanu Choudhury Of DOW JONES NEWSWIRES NEW DELHI (Dow Jones)--India is set to order an additional 57 Hawk trainer jets from the U.K.'s BAE Systems PLC (BA.LN) for its air force and navy, the chairman of state-run H
Read moreIndia To Order 57 Additional Hawk Trainer Jets From BAE Systems
27th Jul 2010 15:12
By Santanu Choudhury Of DOW JONES NEWSWIRES NEW DELHI (Dow Jones)--India is set to order an additional 57 Hawk trainer jets from the U.K.'s BAE Systems PLC (BA.LN), the chairman of state-run Hindustan Aeronautics Ltd. said Tuesday. The order is valued at more than GBP700 million, of whi
Read moreRolls-Royce bags $1.7bn in new orders at Farnborough
23rd Jul 2010 15:57
Power systems developer Rolls-Royce said it secured $1.7bn in new orders during the Farnborough Air Show. The Trent 700 won orders totalling more than $1bn for engines to power 17 Airbus A330s from Aeroflot, Russia's national airline and Garuda Indonesia Airlines. Both of these contracts included
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