MARKET TALK: Good Order Intake Expected At Farnborough Show
19th Jul 2010 10:23
0923 GMT [Dow Jones] A good order intake is expected as the Farnborough Air Show gets underway, Monday, says Goldman Sachs. Says Airbus - a unit of European Aeronautic Defence & Space Co. (EAD.FR) - has already stated it could secure about 130 orders this week, double its total so far in '10. Adds t
Read moreAIR SHOW: GKN Aerospace Wins $1.5B In Deals In First Half
19th Jul 2010 07:00
By Jonathan Buck Of DOW JONES NEWSWIRES LONDON (Dow Jones)--GKN PLC (GKN.LN) Sunday said in the first six months of 2010 its aerospace unit had won $1.5 billion in new business, securing development and production activity through the next decade. "This will support our growth objective
Read moreConnaught chairman buys
9th Jul 2010 17:00
Connaught chairman Sir Roy Gardner is buying shares in the social housing repairs business following the resignations of its chief executive and finance director. Connaught shocked the market with its recent profit warning. Mark Tincknell has stepped down as chief executive because of ill-health a
Read moreMARKET TALK: ABB, Credit Suisse Among Top Execution Nobel Picks
6th Jul 2010 11:18
1018 GMT [Dow Jones] Execution Nobel's top European picks going into the third quarter are ABB (ABB), Aviva (AV.LN), Cable & Wireless (CWC.LN), Centrica (CNA.LN), Credit Suisse (CS), Finmeccanica (FNC.MI), H&M (HM-B.SK), Lloyds (LYG), Mitchell & Butlers (MAB.LN), Prysmian (PRY.MI), Reed Elsevier (EN
Read moreMitie Preferred Bidder For Rolls-Royce Euro FM
6th Jul 2010 11:17
LONDON (Dow Jones)--Mitie Group PLC (MTO.LN), a strategic outsourcing company, said Tuesday it has been given preferred bidder status by Rolls-Royce for the facilities and energy management of its European properties. MAIN FACTS: -Subject to contract, this will be Mitie's largest pan-Europea
Read moreMARKET TALK: Investec Upgrades Rolls-Royce To Buy From Hold
2nd Jul 2010 09:51
0851 GMT [Dow Jones] Investec Securities upgrades Rolls-Royce (RR.LN) to buy from hold, noting the recent market-led selloff that has seen the stock underperform and the brokerage's increasing conviction in the fundamental investment case. Says through a difficult downturn Rolls-Royce has proven its
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
2nd Jul 2010 09:51
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0851 GMT [Dow Jones] Investec Securities upgrades Rolls-Royce (RR.LN) to buy from hold, noting the recent market-led sello
Read moreMalaysian Air Decides On Pratt & Whitney Engines For New A330s
28th Jun 2010 04:26
KUALA LUMPUR (Dow Jones)--Malaysian Airline System Bhd. (3786.KU) has decided on Pratt & Whitney engines to power its fleet of 17 new Airbus 330s due to be delivered from next year, Chief Executive Azmil Zahruddin said Monday. "It's going to the Pratt & Whitney (engines)... they are the same eng
Read moreLegislation May Disrupt Roll-Royce Production - Report
25th Jun 2010 08:46
LONDON (Dow Jones)--Engine-maker Rolls-Royce Group PLC (RR.LN) has warned of severe disruptions to its manufacturing because of new European Commission rules to regulate industrial chemicals, the Financial Times reports Friday. According to the report, the company last month sent letters to 7,00
Read moreFriday newspaper round-up: US banks, Rolls-Royce, BP
25th Jun 2010 06:44
US banks and hedge funds will be hit with a $19bn fee to pay costs associated with financial reform, Barney Frank, chairman of the US House financial services committee, said late on Thursday, the FT reports. The proposed levy emerged as an unwelcome surprise for the industry deep into a late-eveni
Read moreRolls-Royce To Supply System For Slovak Nuclear Power Plant
16th Jun 2010 14:41
PRAGUE (Dow Jones)--Rolls-Royce Group PLC (RR.LN) Wednesday said it has signed a contract with Slovenske Elektrarne, Enel SpA's (ENEL.MI) Slovak electricity unit, to supply equipment for Slovakia's Mochovce nuclear power plant. No financial details of the contract were disclosed. Rolls-Royce wil
Read moreMARKET TALK: Budget Could Stall Mid/Small Cap Outperformance
16th Jun 2010 10:56
0956 GMT [Dow Jones] Next week's UK budget could mark the end of the outperformance of mid and small-cap stocks, due to their generally higher exposure to government contracts, says Deutsche Bank. Suggests the IT services sector, newspapers, defense stocks and housebuilders could continue to struggl
Read moreRolls-Royce bags $200m of power systems deals
8th Jun 2010 15:47
Rolls-Royce has won orders worth more than $200m to provide electrical power generation equipment to customers in Australia, Bangladesh, Spain, Venezuela and Yemen. It will make 25 Bergen diesel engines, five Bergen gas engines and six Trent 60 gas turbines. The biggest individual deal is with Ban
Read moreRolls-Royce Gets Power Generation Orders Worth Over $200M
8th Jun 2010 15:06
LONDON (Dow Jones)--Rolls-Royce Group PLC (RR.LN), a global power systems company, said Tuesday it has received orders worth over $200 million for electrical power generation equipment from customers in Australia, Bangladesh, Spain, Venezuela and Yemen. MAIN FACTS: -The new orders consist of
Read moreFriday tips round-up: Booker, Investec, Great Portland
21st May 2010 06:48
There is cash in cash and carry ? at least at Booker, which showed black ink on its balance sheet yesterday for the first time since returning to the stock market three years ago. At 40¼p, the shares are trading at 12 times current-year earnings ? not stretched, given the combination of strong ear
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