Sunday newspaper round-up: AstraZeneca, Amazon, Retailers
7th Feb 2021 11:55
(Sharecast News) - Vaccines Minister Nadhim Zahawi today said AstraZeneca is 'confident' its jab prevents serious illness caused by the South African coronavirus variant after early data from a small study suggested the vaccine was less effective against the strain. Mr Zahawi said he had spoken to England's Deputy Chief Medical Officer Jonathan Van Tam this morning about the study as he insisted the vaccine 'does protect against severe disease'. He said that through its own trials AstraZeneca is 'confident that it does effectively deal with serious illness, serious disease and hospitalisation'. - Financial Mail on Sunday
Read moreRolls-Royce to sell Bergen Engines to Russia's TMH for €150m
4th Feb 2021 10:17
(Sharecast News) - Rolls-Royce has agreed to sell the Bergen Engines medium speed gas and diesel engines business to Russian engineering company TMH Group for about €150m.
Read moreRolls-Royce to put UltraFan 'on ice' until new plane - report
4th Jan 2021 12:16
(Sharecast News) - Rolls-Royce's boss said the company would put its UltraFan engine programme on hold when testing ends in 2022 as it waits for new aeroplanes to be developed.
Read moreMonday broker round-up
14th Dec 2020 13:32
(Sharecast News) - Midwich Group: Berenberg reiterates buy with a target price of 550p.
Read moreBerenberg lowers target price on Rolls Royce
14th Dec 2020 12:13
(Sharecast News) - Analysts at Berenberg cut their target price on aerospace and defence company Rolls-Royce from 250.0p to 140.op on Monday, citing ongoing headwinds stemming from the Covid-19 pandemic.
Read moreRolls-Royce sees higher cash burn on Covid second wave
11th Dec 2020 07:01
(Sharecast News) - Aircraft engine maker Rolls-Royce on Friday warned the second wave of Covid-19 was hampering a recovery in air travel, leading it to lift cash outflow projections.
Read moreFriday preview: US consumer confidence, Rolls Royce in the spotlight
10th Dec 2020 15:11
(Sharecast News) - The focus at the end of the week will shift back to the US, where the University of Michigan will release its preliminary reading on consumer confidence in the country for the month of December.
Read moreRolls-Royce to offload nuclear instrument unit to France's Framatome
7th Dec 2020 13:15
(Sharecast News) - Rolls-Royce has agreed to sell its French civil nuclear business to EDF-controlled Framatome, the blue chip engineer announced on Monday.
Read moreRolls-Royce hints at re-entry into narrow-body jetliner market, shares rally
3rd Dec 2020 11:36
(Sharecast News) - Rolls-Royce shares surged on Thursday after the engine maker's director of energy and technology told Bloomberg in an interview that the coronavirus crisis may provide it with space for development of critical new engine technologies and a possible re-entry into the narrow-body jetliner market.
Read moreModerna reports 95% efficacy in Covid vaccine trials, stocks jump
16th Nov 2020 12:46
(Sharecast News) - Markets rallied on Monday after US biotech Moderna said its experimental Covid-19 vaccine had proved nearly 95% effective in phase 3 trials.
Read moreRolls-Royce says nuclear power plan would create 6,000 jobs
11th Nov 2020 09:03
(Sharecast News) - A group led by Rolls-Royce said it would create 6,000 jobs if the UK government went ahead with plans to build 16 small nuclear power stations.
Read moreSector movers: Aerospace finds a bid, analysts dividend on budget airlines and Rolls Royce
10th Nov 2020 18:39
(Sharecast News) - Aerospace and Defence names were again higher, although analysts' opinions were a little divided when it came to the likes of engineer Rolls Royce or budget airlines.
Read moreSector movers: Investors seek out value in 'bombed out' Aerospace, Bank shares
3rd Nov 2020 11:30
(Sharecast News) - Aerospace and Defence names extended their gains from the preceding session on the back of analysts' upgrades, some of whom had pointed out that the historic valuation discount versus the broader market, defined as the Stoxx Europe 600, that they had reached in October.
Read moreFriday broker round-up
30th Oct 2020 13:40
(Sharecast News) - Royal Dutch Shell: Barclays upgrades to equal weight.
Read moreBoeing to reduce workforce by 20% in the face of Covid-19
28th Oct 2020 12:51
(Sharecast News) - Aerospace giant Boeing laid out plans to streamline the manufacturer in the face of the brutal headwinds from the Covid-19 pandemic that were buffeting the entire sector.
Read more