London close: Footsie back above 5,300
22nd Jul 2010 16:39
London rose again to climb above 5,300 and close at its highest for over two months. A strong start on Wall Street got the afternoon session off to a good start, with buyers staying interested right to the end of the trading day. Rolls-Royce was best performer, on the back of the orders placed at t
Read moreFTSE 100 movers: Rolls-Royce takes off
22nd Jul 2010 15:57
Big orders at the Farnborough airshow helped Rolls-Royce climb to the top of the movers. The aeroengine group supplies half the new orders in the wide-bodied civil airliner market. Orders so far at Farnborough include one for $7.6bn worth of jets from Royal Bank of Scotland's leasing division. Au
Read moreRolls-Royce bags new Garuda deal
21st Jul 2010 16:54
After announcing three contract wins on Tuesday Rolls-Royce announced another big order on Wednesday, with the power systems developer saying Garuda Indonesia Airlines has acquired Trent engines to power six Airbus A330 aircraft. The order, which includes long-term service support, is worth $420m
Read moreRolls-Royce Grp Wins $420M Garuda Indonesia Airlines Order
21st Jul 2010 15:58
LONDON (Dow Jones)--Rolls-Royce PLC (RR.LN), a global power systems company, announced Wednesday it has won a $420 million order, at list prices, from Garuda Indonesia Airlines for Trent engines to power six Airbus A330 aircraft. MAIN FACTS: -The order includes long-term TotalCare service su
Read moreAIRSHOW: Airbus Announces $1.15B Order From Indonesia's Garuda
21st Jul 2010 10:53
FARNBOROUGH, England (Dow Jones)--Indonesian airline Garuda Wednesday ordered six Airbus A330-200 aircraft valued at $1.15 billion at list prices. It is the first direct order that Garuda has placed with Airbus, a unit of European Aeronautic Defence & Space Co. NV (EAD.FR), since 1989. However,
Read moreLondon close: Flat finish for FTSE 100
20th Jul 2010 16:42
There was plenty of movement in both directions Tuesday, but Footsie closed just a few points lower. Government spending cuts and their effect on the profits on the big players in the public sector is the day's big story after Cable & Wireless Worldwide warned that the coalition government's emerge
Read moreLondon afternoon: Cautious note from De La Rue
20th Jul 2010 14:25
Footsie lost more ground over the lunch time session with barely a fifth of the blue-chip index's constituents remaining in the red, and many of those are miners. Government spending cuts and their effect on the profits on the big players in the public sector is the day's big story after Cable & Wi
Read moreRolls-Royce Signs $65M, 12 Yr Agreement With Sichuan Airlines
20th Jul 2010 14:09
LONDON (Dow Jones)--Rolls-Royce Group PLC (RR.LN), a global power systems company, said Tuesday it has signed a 12 year TotalCare service agreement with Sichuan Airlines. MAIN FACTS: -The contract, valued at $65 million, covers support for Trent 700 engines which power Sichuan Airlines three
Read moreRolls-Royce Wins $240M Share Of Vietnam Airlines Order
20th Jul 2010 14:04
LONDON (Dow Jones)--Rolls-Royce PLC (RR.LN), a global power systems company, said Tuesday that it has won a $240 million share of an order from Vietnam Airlines for V2500 engines to power 36 Airbus A321. MAIN FACTS: -Deliveries of the aircraft, already on order, are scheduled to start in 201
Read moreLondon midday: Public sector specialists hit
20th Jul 2010 12:10
Sovereign debt worries are haunting investors again after Hungary cut back its treasury bill offering by 10bn forints to 35bn. European stock markets took a step back on the news while expectations of a weak opening on Wall Street has also sparked some selling. Cable & Wireless Worldwide is the bi
Read moreRolls-Royce cheers Canadian Air Force order
20th Jul 2010 08:23
Power systems developer Rolls-Royce has been selected by Lockheed Martin as the in-service support provider for the engines on the CC-130J military transport aircraft flown by the Canadian Air Force. The base contract, valued at more than $70m, will provide Lockheed Martin with logistics support f
Read moreRolls-Royce Gets $70M 6-Year Engine Support Services Pact
20th Jul 2010 07:16
LONDON (Dow Jones)--Rolls-Royce PLC (RR.LN), the global power systems company, said Tuesday it has been selected by Lockheed Martin Corp (LMT) as the in-service support provider for the engines on the CC-130J military transport aircraft flown by the Canadian Air Force. MAIN FACTS: -Base cont
Read moreRolls-Royce Grp Plc Wins $130M Shr Of China Southern Order
19th Jul 2010 14:54
LONDON (Dow Jones)--Rolls-Royce PLC (RR.LN), a global power systems company, has won a $130 million share of an order from China Southern Airlines for V2500 engines to power 20 Airbus A320 aircraft. MAIN FACTS: -The order includes a long-term services agreement. -Deliveries of the aircra
Read moreRolls-Royce Group Wins 24 Engine Pact From Aeroflot Worth $650M
19th Jul 2010 12:58
LONDON (Dow Jones)--Rolls Royce Group (RR.LN) said Monday that Aeroflot-Russian Airlines (AFLT.RS), Russia's national airline, has ordered 24 Trent 700 engines to power 11 Airbus A330s in an order worth $650 million at list prices including a TotalCare long term service agreement. -Shares at 115
Read moreRolls-Royce Grp Wins $100M Shr Of An Order From Yemen Airways
19th Jul 2010 12:22
LONDON (Dow Jones)--Rolls-Royce Group PLC (RR.LN), an power systems company, announced Monday it has won a $100 million share of an order from Yemen Airways or Yemenia, the national airline of The Republic of Yemen, for V2500 engines to power 10 Airbus A320 aircraft. MAIN FACTS: -The order i
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