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Rolls-Royce Holdings PLC Add to portfolio

LON100:RR, Jul 15, 12:23 UTC

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Friday, July 10


News

Rolls-Royce Holding PLC 17.6% Potential Decrease Indicated by Credit Suisse

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Rolls-Royce Holding PLC using EPIC/TICKER code (LON:RR) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Credit Suisse. Rolls-Royce Holding PLC are listed in the Industrials sector within UK Main Market. This now indicates the analyst believes there is a potential downside of -17.6% from the opening price of 255 GBX. Rolls-Royce Holding PLC has a 50 day moving average of 317.70 GBX and the 200 Day Moving Average price is recorded at 546.10.

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Senior plc 50.3% Potential Upside Indicated by Credit Suisse

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Senior plc 50.3% Potential Upside Indicated by Credit Suisse. Senior plc using EPIC/TICKER code (LON:SNR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. This would indicate that the analyst believes there is a potential upside of 50.3% from the opening price of 56.55 GBX. Senior plc has a 50 day moving average of 71.65 GBX and a 200 Day Moving Average share price is recorded at 132.61.

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Thursday, July 09


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FTSE falls despite improved US jobs data, Rolls-Royce experiences turbulence

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StockMarketWire.com - The UK's flagship index ended in negative territory on Thursday as the global number of coronavirus cases topped 12 million and US markets followed Europe lower, despite gradual improvements to US jobless claims data. The FTSE 100 finished the session down 106.54 points, or 1.73%, at 6,049.62, while the FTSE 250 closed 200.10 points lower at 16,985.10. Rolls-Royce has tumbled 10.2% to 258.4p after it reported a free cash outflow of £3bn in the first half as widebody engine flying hours fell by approximately 75% in the second quarter. The company said it would pay a final dividend for 2020 of 4.6p a share on 13 July 2020. AstraZeneca headed 1.1% lower to £84.82 after the pharma giant said the US Food and Drug Administration had accepted supplemental new drug application and granted priority review for a drug used to reduce subsequent stroke in patients who experienced an acute ischemic stroke or transient ischemic attack.

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Rolls-Royce pads coffers with $2.5 billion loan - ExpressNews.com

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Rolls-Royce Holdings warned it will take years to bounce back from the coronavirus crisis that's idled global jetliner fleets and robbed the engine maker of vital maintenance revenue. Shares of the London-based company slid as much as 9.5% Thursday after the London-based company said it would borrow an added $2.5 billion (2 billion pounds) to help see it through the downturn. Rolls-Royce is particularly exposed because it only makes engines for widebody jets that handle the bulk of long-haul routes, which are expected to remain subdued for years. The company will pare back its dollar-hedging by 10 billion pounds, or 27%, through 2026 to reflect the lower demand levels for its sales, which are mostly in dollars.

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FTSE 100 movers: Rolls-Royce retreats; Persimmon leads housebuilders higher

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Wentworth CEO sees both capital and dividend growth opportunities in Tanzania's Mnazi gas field Watch Now. (Sharecast News) - London's FTSE 100 was down 0.8% at 6,109.37 in afternoon trade on Thursday.Rolls-Royce slumped as it said its free cash outflow was £3bn in the first half of 2020 as widebody engine flying hours halved because of the "historic shock" to civil aviation caused by the Covid-19 crisis. Both SSE and National Grid said they were "disappointed" with the plans.On the upside, Persimmon was the standout gainer on the index after it reported a drop in half-year revenues and completions due to the coronavirus pandemic but said demand since its reopening has been "positive" with weekly average net private sales reservations of 278 new homes being around 30% higher than the same period a year agoOther housebuilders followed suit, with Berkeley, Barratt and Taylor Wimpey all up.Ladbrokes owner GVC Holdings rallied after saying it had agreed with joint-venture partner MGM to increase investment in its US sport betting online gaming business.GVC announced late on Wednesday that total investment in ROAR Digital, which operates as BetMGM, has been lifted to $450m after shareholders committed to a second round of investment. FTSE 100 - RisersPersimmon (PSN) 2,609.00p 7.23%Berkeley Group Holdings (The) (BKG) 4,433.00p 4.58%Antofagasta (ANTO) 1,009.50p 4.03%GVC Holdings (GVC) 839.60p 3.68%Avast (AVST) 566.00p 3.38%Barratt Developments (BDEV) 537.60p 2.99%Taylor Wimpey (TW.)

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FTSE falls as virus worries weigh; Rolls-Royce experiences turbulence

RIO RIO +2 more RIO RIO RR RIO

FTSE falls as virus worries weigh; Rolls-Royce experiences turbulence. StockMarketWire.com - The UK's flagship index traded lower on Thursday as the global number of coronavirus cases topped 12 million and UK Chancellor Rishi Sunak warned of 'difficult times ahead' in a TV interview this morning. Rolls-Royce has tumbled 8.5% to 263.3p after it reported a free cash outflow of £3bn in the first half as widebody engine flying hours fell by approximately 75% in the second quarter. The company said it would pay a final dividend for 2020 of 4.6p a share on 13 July 2020. AstraZeneca headed 0.4% lower to £85.47 after the pharma giant said the US Food and Drug Administration had accepted supplemental new drug application and granted priority review for a drug used to reduce subsequent stroke in patients who experienced an acute ischemic stroke or transient ischemic attack.

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London midday: Stocks lose ground as Rolls-Royce slumps, sterling gains

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Wentworth CEO sees both capital and dividend growth opportunities in Tanzania's Mnazi gas field Watch Now. London midday: Stocks lose ground as Rolls-Royce slumps, sterling gains. Both SSE and National Grid said they were "disappointed" with the plans.Recruiter PageGroup was weaker as it said second-quarter gross profit slid 47.6%.On the upside, Persimmon was the standout gainer on the top-flight index after it reported a drop in half-year revenues and completions due to the pandemic but said demand since its reopening has been "positive", with weekly average net private sales reservations of 278 new homes being around 30% higher than the same period a year agoOther housebuilders followed suit, with Barratt Developments, Taylor Wimpey and Berkeley all higher.Ladbrokes owner GVC Holdings rallied after saying it had agreed with joint-venture partner MGM Resorts to increase investment in its US sports betting and online gaming business.On the FTSE 250, Vistry rallied after saying improving demand as the lockdown eased would help to restore gross margin in the second half of the year.Market MoversFTSE 100 (UKX) 6,115.65 -0.66%FTSE 250 (MCX) 17,185.34 0.00%techMARK (TASX) 3,683.97 -0.21%FTSE 100 - RisersPersimmon (PSN) 2,570.00p 5.63%GVC Holdings (GVC) 836.20p 3.26%Taylor Wimpey (TW.) 865.80p -2.37%Land Securities Group (LAND) 554.80p -2.12%Severn Trent (SVT) 2,386.00p -2.09%Ocado Group (OCDO) 1,998.50p -2.08%Compass Group (CPG) 1,102.00p -2.04%FTSE 250 - RisersBabcock International Group (BAB) 296.20p 4.81%Pantheon International (PIN) 2,135.00p 4.66%Marks & Spencer Group (MKS) 99.10p 4.32%Scottish Inv Trust (SCIN) 769.00p 3.92%ICG Enterprise Trust (ICGT) 770.00p 3.77%PPHE Hotel Group Ltd (PPH) 1,100.00p 3.77%Cineworld Group (CINE) 57.50p 3.72%C&C Group (CCR) 237.00p 3.49%Grafton Group Units (GFTU) 661.50p 3.36%Carnival (CCL) 967.60p 3.35%FTSE 250 - FallersPagegroup (PAGE) 358.20p -5.54%Hammerson (HMSO) 81.10p -5.30%Trainline (TRN) 422.20p -4.05%Micro Focus International (MCRO) 351.30p -3.46%Drax Group (DRX) 249.00p -3.34%Energean (ENOG) 491.00p -3.16%CLS Holdings (CLI) 186.40p -3.12%Future (FUTR) 1,190.00p -2.94%Aston Martin Lagonda Global Holdings (AML) 46.00p -2.83%BMO Commercial Property Trust Limited (BCPT) 59.80p -2.76%.

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Rolls-Royce Experiences a Unique Kind of Hell

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Boeing Co. was already up against it after grounding its 737 Max jets and it’s expected to burn through as much as $16 billion of cash this year. Like Boeing, Rolls-Royce’s liabilities now far exceed its balance-sheet assets. Even in normal times the company loses more than 1 million pounds on each large jet engine it sells, and makes most of its commercial aviation revenue from maintenance contracts. When planes are grounded, precious little cash comes in to cover the company’s high fixed costs. Bloomberg reported last week that Rolls-Royce was considering raising up to 2 billion pounds in equity capital. But, for now, it has announced only a new 2 billion-pound government-guaranteed loan. The company still has 4.2 billion pounds of cash and 8.1 billion pounds of total available liquidity, a decent cushion considering the scale of the ongoing cash burn. But its finances are in a worse state than those numbers suggest, something Rolls-Royce’s complex accounting, large working capital swings and invoice-financing arrangements (since discontinued) helped paper over.

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FTSE flails; Rolls-Royce experiences turbulence

RIO RIO +2 more RIO RIO RR RIO

StockMarketWire.com - The UK's flagship index has headed lower on opening as the global number of coronavirus cases topped 12 million and UK Chancellor Rishi Sunak warned of 'difficult times ahead' in a TV interview this morning. The FTSE 100 was down 0.2%, or 11.44 points, at 6,144.72, while the FTSE 250 rose 0.4% to 17,259.85. Rolls-Royce has tumbled 8.4% to 263.6p after it reported a free cash outflow of £3bn in the first half as widebody engine flying hours fell by approximately 75% in the second quarter. The company said it would pay a final dividend for 2020 of 4.6p a share on 13 July 2020. AstraZeneca has headed 0.4% lower to £85.48 after the pharma giant said the US Food and Drug Administration had accepted supplemental new drug application and granted priority review for a drug used to reduce subsequent stroke in patients who experienced an acute ischemic stroke or transient ischemic attack.

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Rolls Royce drags on the FTSE100, as SAP Boosts the DAX

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After two successive negative European sessions, markets here in Europe have taken their cues from yesterday’s recovery in US markets and this morning’s positive Asia session, opening modestly higher, though still well off their peaks from Monday, and struggling to make much in the way of headway early on. If anything, the rising coronavirus case count in the US, is helping to weigh down any confidence in a more global recovery in equity markets, however on the plus side there doesn’t appear to be any evidence of a second wave here in Europe so far as various lockdown measures continue to get eased. While this is positive for markets in Europe the lack of any imminent agreement between EU leaders on any pandemic recovery fund appears to be deterring a wholesale move of capital back into European markets for the time being. Good progress has been made in reducing one-off costs with £300m achieved in H1, with another £700m expected by the end of 2020. The company also said it would be taking a charge of £1.45bn over the next 6 years, in respect of reducing the size of its hedge book, with £100m of that charge being taken this year and £300m in 2021 and 2022, and then £750m spread over 2023 to 2026. This morning German software giant SAP reported an improvement on its Q1 numbers, with cloud revenues rising 21% in Q2, driven by improvements in its Asia markets.

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