21-Jun-2022 05:38 AM
(Alliance News) -?Rolls-Royce Holdings PLC will hand out a £2,000 lump sum as well as a pay rise to employees to help with the UK's cost of living crisis, Sky News reported on Monday.
The jet engine maker is offering a 4% pay rise ba
24-May-2022 01:45 PM
KPMG has been hit with a £3.4 million fine by the audit watchdog over failings working on accounts for jet engine maker Rolls-Royce Holdings PLC.
The big four auditor was told it could face a fine of up £4.5 million but saw this reduc
12-May-2022 09:43 AM
Rolls-Royce Holdings PLC on Thursday said its performance for its financial year to date has been in line with expectations, allowing the group to keep its guidance for 2022 unchanged.
The London-based jet engine maker said it is well positione
24-Feb-2022 09:48 AM
(Alliance News) - Rolls-Royce Holdings PLC on Thursday said Chief Executive Officer Warren East has decided to step down at the end of 2022, after nine years on the board and almost eight years as CEO of the jet engine maker.
As a resul
10-Feb-2022 10:43 AM
(Alliance News) - Rolls-Royce Holdings PLC and Babcock International Group PLC on Thursday said they completed the sale of their respective stakes in AirTanker Holdings Ltd to infrastructure-focused investment company Equitix Investment Management Ltd.
13-May-2021 07:17 AM
Rolls-Royce is confident it can deliver permanent cost reductions after its restructure last year, positioning the business well for the rebound in international air travel.
Ahead of its AGM today, the company said it is expecting its Spirit of Innovati
11-Mar-2021 08:57 AM
Rolls Royce has said its performance in 2020 has been 'significantly affected by the COVID-19 pandemic' as it reports a fall in revenue to £11.8 billion.
The underlying revenue of £11.8 billion reflected lower activity and included
11-Mar-2021 08:47 AM
Rolls-Royce has announced that Lewis Booth, Sir Frank Chapman and Jasmin Staiblin will step down from the board on 13 May 2021 and will not stand for re-election at the Annual General Meeting.
Mr Booth and Mr Chapman both completed their nine-year terms
26-Jan-2021 07:11 AM
Aerospace engineer Rolls-Royce said it expected to record a £2 billion free-cash outflow in 2021 as more contagious variants of Covid-19 spur tighter travel restrictions.
Rolls-Royce said enhanced restrictions were delaying the recovery of long-hau
11-Dec-2020 07:40 AM
Rolls Royce said its restructuring plans are on track to deliver £1.3 billion in cost savings by 2022 in a trading update.
It expects to turn cash flow positive at some point during the second half of 2021, targeting at least £750 million fre
12-Nov-2020 09:24 AM
Rolls-Royce Holdings has raised £1.9 billion from a rights issue, selling 94% of the new shares it put on offer.
The aerospace company had aimed to raise £2 billion by selling shares at 32p each, in a bid to restore financial performance and
15-Oct-2020 07:21 AM
Rolls-Royce has priced three tranches of new debt worth a combined £2 billion as part of a recapitalisation plan.
In an announcement this morning, the aerospace engineering giant said it planned to issue bonds in US dollars, euros and sterling brok
09-Oct-2020 04:38 PM
The FTSE 100 finished the week firmly on the front, buoyed by a robust open to trading on Wall Street.
By 4.30pm UK time the S&P 500 was up 0.6% to 3,468.61, while the index of leading UK shares was up by the close. Hopes for US stimulus continued to be
02-Sep-2020 10:00 AM
Bank of America Merrill Lynch today reaffirms its underperform investment rating on Rolls-Royce Group PLC (LON:RR.) and cut its price target to 115p (from 130p).
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01-Sep-2020 10:30 AM
Credit Suisse today reaffirms its underperform investment rating on Rolls-Royce Group PLC (LON:RR.) and cut its price target to 200p (from 210p).
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28-Aug-2020 10:20 AM
Societe Generale today reaffirms its sell investment rating on Rolls-Royce Group PLC (LON:RR.) and cut its price target to 201p (from 246p).
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28-Aug-2020 09:10 AM
JP Morgan Cazenove today reaffirms its underweight investment rating on Rolls-Royce Group PLC (LON:RR.) and cut its price target to 80p (from 90p).
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27-Aug-2020 07:21 AM
Rolls-Royce reported heavy operating losses for the first half of 2020 from the impact of the Covid-19 pandemic. It has also announced job cuts across its civil aviation business as the sector was hit dramatically by the grounding of flights around the
26-Aug-2020 10:10 AM
Kepler Cheuvreux today reaffirms its hold investment rating on Rolls-Royce Group PLC (LON:RR.) and cut its price target to 285p (from 790p).
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10-Aug-2020 10:50 AM
JP Morgan Cazenove today reaffirms its underweight investment rating on Rolls-Royce Group PLC (LON:RR.) and cut its price target to 90p (from 125p).
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29-Jul-2020 12:40 PM
Jefferies International today reaffirms its buy investment rating on Rolls-Royce Group PLC (LON:RR.) and cut its price target to 500p (from 700p).
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29-Jul-2020 12:30 PM
Goldman Sachs today reaffirms its buy investment rating on Rolls-Royce Group PLC (LON:RR.) and cut its price target to 509p (from 528p).
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16-Jul-2020 01:20 PM
Panmure Gordon today upgrades its investment rating on Rolls-Royce Group PLC (LON:RR.) to buy (from hold) and raised its price target to 400p (from 387p).
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10-Jul-2020 11:30 AM
Credit Suisse today reaffirms its underperform investment rating on Rolls-Royce Group PLC (LON:RR.) and cut its price target to 210p (from 245p).
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09-Jul-2020 07:29 AM
Aviation and energy focused engineering company Rolls-Royce has reported a free cash outflow of £3bn in the first half as widebody engine flying hours fell by approximately 75% in the second quarter.
In a trading update for the first half of 2020,