Rolls-Royce shares slump on record loss
Markets gave Rolls-Royce the cold shoulder following a mixed set of results, which included both a record loss for the group and higher than anticipated revenue growth.
Markets gave Rolls-Royce the cold shoulder following a mixed set of results, which included both a record loss for the group and higher than anticipated revenue growth.
Shares in Rolls-Royce fell nearly 5% on Thursday morning as the market greeted chief executive Warren East’s attempt at reassurance with a heavy dose of scepticism.
You know things have been pretty bad when a dividend cut sees a stock’s shares jump 13%.
Richard Buxton has sold his shares in Rolls-Royce.
Neil Woodford has sold his stake in Rolls Royce after losing hope the company will turn around its fortunes.
House builders’ share prices made big gains on Wednesday and dragged the FTSE 100 index up with them.
Rolls Royce is to announce major restructuring plans later today, the firm said on Tuesday.
Shares in Reckitt Benckiser rose more than 1.5% on Monday after it produced a strong set of first half numbers.
Despite relatively subdued markets over the course of the year, Edinburgh Trust’s decision to retain Mark Barnett as portfolio manager has been vindicated by the strong performance produced during the year, trust chair Jim Pettigrew said.
How capable is Rolls Royce to weather bribery allegations and slashed defence spending?