Bodycote appoints Ben Fidler as CFO
31st Oct 2022 07:06
(Sharecast News) - Heat treatment specialist Bodycote has named Ben Fidler as its next chief financial officer.
Read moreRolls-Royce appoints Jörg Stratmann as head of Power Systems
20th Sep 2022 11:50
(Sharecast News) - Rolls-Royce said on Tuesday that Dr Jörg Stratmann has been appointed as chief executive of the Power Systems business.
Read moreRolls-Royce first-half profits fall but FY guidance backed
4th Aug 2022 07:58
(Sharecast News) - Engine maker Rolls-Royce reported a drop in first-half underlying operating profit on Thursday but backed its full-year guidance amid expectations of an improvement in the civil aerospace division.
Read moreRolls Royce's sale of Spanish subsidiary gets green light from government
3rd Aug 2022 07:04
(Sharecast News) - Engine manufacturer Rolls-Royce said on Wednesday that the Spanish government had approved the sale of its ITP Aero subsidiary to a consortium of investors led by Bain Capital Private Equity.
Read moreRolls Royce taps Tufan Erginbilgic for CEO
26th Jul 2022 07:24
(Sharecast News) - Aero-engine manufacturer Rolls-Royce has appointed former BP executive Tufan Erginbilgic to the role of chief executive officer.
Read moreSunday newspaper round-up: Inflation, OneWeb, Rolls-Royce
24th Jul 2022 16:46
(Sharecast News) - The consultancy unit of EY think that consumer price inflation could hit 15% over the next winter. The prediction is a worst case scenario from the economists at EY-Parthenon, premised on President Putin blocking natural gas supplies to Europe, soaring food prices and inflation expectations becoming embedded amongst the population. Inflation in the UK hit a 40-year high in June, rising at an annual pace of 9.4%, and candidate for Prime Minister, Rishi Sunak, has described the cost of living as the "number one challenge we face". - Sunday Times
Read moreSunday newspaper round-up: Rolls Royce, Crude oil, AO World
3rd Jul 2022 16:49
(Sharecast News) - Rolls Royce failed to sell its Spanish unit ITP last week as planned, although Spanish regulators are expected to sign off on the transaction in the next few weeks. The engineer's proposed £1.5bn sale of the unit to US private equity outfit, Bain Capital, is a "crucial" part of its recovery plan. Holding up the deal is the Spanish government's desire to bring local investors on board. Talks between officials in Madrid and Bain are ongoing. The delays come even as Rolls Royce is facing a leadership vacuum due to the impending exit of its chief executive officer. - Financial Mail on Sunday
Read moreRolls-Royce offers staff £2k cost-of-living bonus
21st Jun 2022 09:22
(Sharecast News) - Tens of thousands of staff at Rolls-Royce are set to receive a £2,000 payment to help with the skyrocketing cost of living.
Read moreBerenberg lowers Rolls-Royce to 'hold'
15th Jun 2022 08:40
(Sharecast News) - Analysts at Berenberg downgraded aerospace and defence giant Rolls-Royce from 'buy' to 'hold' on Wednesday, citing "relative uncertainty".
Read moreMorgan Stanley ups Rolls-Royce to 'overweight'
13th Jun 2022 08:40
(Sharecast News) - Morgan Stanley upgraded shares of engine maker Rolls-Royce on Monday to 'overweight' from 'equalweight', saying it was "the clearest example of mispricing" in its coverage.
Read moreKPMG faces fine over Rolls-Royce audit - report
23rd May 2022 08:03
(Sharecast News) - Scandal-hit auditing firm KPMG is reportedly about to be slapped with a another fine over the quality of its past work on Rolls-Royce.
Read moreDeutsche Bank and JP Morgan lower their target prices for Rolls Royce
16th May 2022 13:36
(Sharecast News) - Analysts at Deutsche Bank and JP Morgan lowered their target prices for Rolls Royce following medium-term guidance from the aerospace engineer.
Read moreRolls-Royce trades in line, shows signs of recovery
12th May 2022 07:43
(Sharecast News) - Aerospace and defence giant Rolls-Royce said on Thursday that its financial performance year-to-date had been in line with expectations as it kept its full-year financial guidance for 2022 unchanged.
Read moreJPMorgan downgrades Rolls-Royce to 'underweight', shares slide
12th Apr 2022 08:17
(Sharecast News) - JPMorgan Cazenove downgraded Rolls-Royce on Tuesday to 'underweight' from 'neutral' and slashed the price target to 75p from 140p, sending shares in the engine maker tumbling.
Read moreRolls-Royce Power Systems boss Schell to step down
7th Apr 2022 13:53
(Sharecast News) - Rolls-Royce said on Thursday that Andreas Schell has decided to step down from his role as president of the Power Systems business to take up the post of CEO at German energy company Energie Baden-Württemberg.
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