RR.L - Rolls-Royce Holdings plc
| Previous close | 849.40 |
| Open | 854.00 |
| Bid | 825.00 x 344600 |
| Ask | 890.00 x 265700 |
| Day's range | 839.80 - 855.00 |
| 52-week range | 800.20 - 994.50 |
| Volume | 3,491,955 |
| Avg. volume | 5,633,329 |
| Market cap | 15.59B |
| Beta | 0.47 |
| PE ratio (TTM) | 3.69 |
| EPS (TTM) | 228.60 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 882.26 |
- Bloomberg•yesterday
Boeing Embeds Ex-737 Max Boss at Rolls-Royce to Fix Engine Issues
Boeing Co. has dispatched a prominent executive to help Rolls-Royce Holdings Plc work through escalating engine problems that have grounded dozens of 787 Dreamliners, said people familiar with the matter. Keith Leverkuhn is serving as Boeing’s eyes and ears at Rolls factories in Singapore and Derby, England, where the Trent 1000 engine is manufactured and being repaired, said the people. Leverkuhn, an engineer with expertise in propulsion, is best-known for steering Boeing’s 737 Max through development to its commercial debut a year ago, months ahead of schedule.
- Bloomberg•yesterday
Boeing Deploys Executive to Rolls-Royce to Help End 787 Engine Crisis
Boeing Co. has dispatched a prominent executive to help Rolls-Royce Holdings Plc work through escalating engine problems that have grounded dozens of 787 Dreamliners. Keith Leverkuhn is serving as Boeing’s eyes and ears at Rolls factories in Singapore and Derby, England, where the Trent 1000 engine is manufactured and being repaired. Leverkuhn, an engineer with expertise in propulsion, is best-known for steering Boeing’s 737 Max through development to its commercial debut a year ago, months ahead of schedule.
- Reuters - UK Focus•yesterday
Pearson's London Strand HQ may be next to go in cost cutting drive
Pearson (Xetra: 858266 - news) , the world's biggest education company, could move out of its London Strand headquarters as part of its latest drive to cut costs after U.S. students stopped buying so many textbooks. The British company, which used to own the Financial Times newspaper, has been forced to retrench after college students in the United States started renting and downloading digital books, rather than paying for expensive textbooks. A move from its home of 18 years would mark a significant step for Pearson's executives who are based on the top floors of an Art Deco building on the Strand, next to the Savoy Hotel and close to the Thames.
- Bloomberg•2 days ago
Ex-Armenian Envoy Charged by U.S. in Rolls-Royce Bribery Case
A former Armenian ambassador and a Russian national were charged by U.S prosecutors, the latest in a corruption probe alleging a conspiracy to orchestrate international bribes at Rolls-Royce Holdings Plc for more than a decade. Azat Martirossian, 62, a citizen of Armenia who formerly served as that country’s envoy to China, and Vitaly Leshkov, 50, a citizen of Russia, were charged in an indictment filed Thursday in federal court in Ohio on one count of conspiracy to launder money and 10 counts of money laundering. The two are believed to be living outside the U.S., according to prosecutors.
- Reuters•2 days ago
Brexit customs plan could cost UK aerospace/defence industry £2.3 billion - trade body
Britain's aerospace and defence industry could face extra costs of 2.3 billion pounds ($3 billion) to comply with the customs arrangement favoured by some Brexit supporters within the cabinet, according to forecasts by trade body ADS. Britain's future customs arrangement with the European Union is a matter for debate within Prime Minister Theresa May's cabinet, between those who favour a clean break with Europe and those willing to accept closer cooperation with Brussels. The customs arrangement known as "max fac" or maximum facilitation, backed by those looking for a clean break, would cost the aerospace and defence sectors 2.3 billion pounds, up from last year's estimate of 1.5 billion pounds, said ADS.
- Reuters - UK Focus•2 days ago
Brexit customs plan could cost UK aerospace/defence industry 2.3 bln stg -trade body
Britain's aerospace and defence industry could face extra costs of 2.3 billion pounds ($3 billion) to comply with the customs arrangement favoured by some Brexit supporters within the cabinet, according to forecasts by trade body ADS. Britain's future customs arrangement with the European Union is a matter for debate within Prime Minister Theresa May's cabinet, between those who favour a clean break with Europe and those willing to accept closer cooperation with Brussels.
Reuters•2 days agoJet engines help power cobalt to 10-year highs
The spotlight in the cobalt market has been fixed on electric vehicles but shrinking supply and robust demand from traditional sectors such as jet engine makers are helping fuel a price rally that shows no signs of fading. Cobalt in recent years has become synonymous with electric vehicles as it is used in rechargeable lithium-ion batteries, already a major source of demand. Supply issues were reinforced in January when a cyclone disrupted output at the Ambatovy operation in Madagascar, helping fuel a rally which has taken prices of cobalt metal (COB-CATH-LON) to 10-year highs above $44 per lb.
- Reuters - UK Focus•2 days ago
Jet engines help power cobalt to 10-year highs
The spotlight in the cobalt market has been fixed on electric vehicles but shrinking supply and robust demand from traditional sectors such as jet engine makers are helping fuel a price rally that shows no signs of fading. Cobalt in recent years has become synonymous with electric vehicles as it is used in rechargeable lithium-ion batteries, already a major source of demand. Supply issues were reinforced in January when a cyclone disrupted output at the Ambatovy operation in Madagascar, helping fuel a rally which has taken prices of cobalt metal (COB-CATH-LON) to 10-year highs above $44 per lb.
- Reuters - UK Focus•7 days ago
In a union of tradition and modernity, U.S actress Meghan marries Prince Harry
Prince Harry and his actress bride Meghan Markle married on Saturday (Shenzhen: 002291.SZ - news) in a dazzling ceremony that blended ancient English ritual with African American culture, infusing the 1,000-year-old British monarchy with a blast of modernity. In a medieval chapel at Windsor Castle that 39 English kings and queens have called home since 1066, Harry and Meghan exchanged vows watched up close by royals and celebrities, and from afar by a global TV audience of many millions.
- Reuters•17 days ago
Rolls-Royce operations chief to leave in streamlining
"As we update our organisation and move to more empowered business units with a much leaner centre, it has become clear that we no longer need the Group Chief Operating Officer role for which Simon Kirby was recruited in autumn 2016," Chief Executive Warren East said in the memo. Rolls, in a sign of East's plan paying off, said in March it was on track to meet its goal of generating free cash flow of 1 billion pounds by around 2020.
Reuters•17 days agoRolls-Royce operations chief to leave in streamlining
"As we update our organization and move to more empowered business units with a much leaner center, it has become clear that we no longer need the Group Chief Operating Officer role for which Simon Kirby was recruited in autumn 2016," Chief Executive Warren East said in the memo. Rolls, in a sign of East's plan paying off, said in March it was on track to meet its goal of generating free cash flow of 1 billion pounds ($1.35 billion) by around 2020.
- Reuters - UK Focus•17 days ago
Rolls-Royce operations chief to leave in streamlining
Rolls-Royce Holdings Plc Chief Operating Officer Simon Kirby will leave the company in June as the British manufacturer looks to streamline its business, it said in a memo to staff seen by Reuters. "As we update our organisation and move to more empowered business units with a much leaner centre, it has become clear that we no longer need the Group Chief Operating Officer role for which Simon Kirby was recruited in autumn 2016," Chief (Taiwan OTC: 3345.TWO - news) Executive Warren East said in the memo.
- Bloomberg•17 days ago
Rolls-Royce Is Looking For a Cheaper London HQ
Rolls-Royce Holdings Plc plans to quit its headquarters in one of London’s swankiest districts for cheaper offices as the company seeks to bring down long-term expenses and cover the more immediate costs of fixing a faulty jet-engine model. Rolls-Royce needs a “smaller, more cost-effective London head-office location” than the current premises midway between the Houses of Parliament and Buckingham Palace, Chief Executive Officer Warren East said in a memo to staff obtained by Bloomberg. Chief Operating Officer Simon Kirby, who only took over the role in late 2016, will meanwhile leave, East said, adding that the executive had demonstrated “his professionalism” by developing a leaner business that effectively resulted in his own role being eliminated.
- Reuters - UK Focus•18 days ago
Rolls-Royce receives first order in China for Series 4000 MTU engines
Rolls-Royce has received its first order in china for series 4000 mtu engines fulfilling epa tier 4 final emissions regulations. Rolls-Royce key customer jereh petroleum equipment has ordered 16 engines ...
- Reuters•23 days ago
IAG CEO warns manufacturers over plane delays, engine issues
The head of airline group IAG (ICAG.L) warned manufacturers over delays to plane deliveries and engine issues on Friday, saying they needed to consider its compensation demands. IAG has had to rejig schedules to mitigate delays to A320neo planes built by Airbus (AIR.PA) and because of a Rolls-Royce (RR.L) engine issue on Boeing (BA.N) 787 Dreamliners. Some compensation clauses are built into contracts but IAG CEO Willie Walsh said that wasn't enough.
- Reuters - UK Focus•23 days ago
IAG CEO warns manufacturers over plane delays, engine issues
The head of airline group IAG warned manufacturers over delays to plane deliveries and engine issues on Friday, saying they needed to consider its compensation demands. IAG has had to rejig schedules to mitigate delays to A320neo planes built by Airbus and because of a Rolls-Royce engine issue on Boeing (NYSE: BA - news) 787 Dreamliners. Some compensation clauses are built into contracts but IAG CEO Willie Walsh said that wasn't enough.
- Reuters - UK Focus•23 days ago
CEO of British Airways-owner IAG declines comment on Norwegian
The chief executive of British Airways-owner IAG declined to answer questions about takeover target Norwegian on the group's quarterly earnings call on Friday. "I am not saying anything about Norwegian," CEO Willie Walsh told reporters, when asked about a possible deal. Asked about how IAG was being impacted by problems with Rolls-Royce Trent 1000 engines on Boeing Dreamliner 787s, Walsh said that the group anticipated that it would have more aircraft unavailable to it in the second quarter.
Reuters•23 days agoRolls-Royce says working quickly to fix Trent 1000 problems
Britain's Rolls-Royce is working quickly to repair problems with some of its Trent 1000 engines that have left planes grounded, it said on Thursday, adding it remained confident the cost would not cause it to miss financial forecasts. Rolls-Royce (RR.L) was questioned at its annual shareholder meeting about problems with the Trent 1000 package C, the engine used to power some Boeing (BA.N) Dreamliner 787 planes, in what is a new headache for a company in turnaround mode since 2015.
- Reuters - UK Focus•23 days ago
Rolls-Royce says working quickly to fix Trent 1000 problems
Britain's Rolls-Royce is working quickly to repair problems with some of its Trent (BSE: 500251.BO - news) 1000 engines that have left planes grounded, it said on Thursday, adding it remained confident the cost would not cause it to miss financial forecasts. Rolls-Royce was questioned at its annual shareholder meeting about problems with the Trent 1000 package C, the engine used to power some Boeing Dreamliner 787 planes, in what is a new headache for a company in turnaround mode since 2015.
- Reuters•23 days ago
Rolls-Royce interested in providing new engine for U.S. B-52s
Rolls-Royce (RR.L) would be interested in bidding to provide a new engine for the United State's B-52 bombers, said its CEO, should authorities proceed with a project to update the jets. "It's a real opportunity that's been talked about for decades and we do believe that we have a very good engine for that project should it go ahead," Rolls-Royce Chief Executive Warren East told shareholders at its annual meeting on Thursday.
- Reuters - UK Focus•23 days ago
Rolls-Royce interested in providing new engine for U.S. B-52s
Rolls-Royce would be interested in bidding to provide a new engine for the United (Shenzhen: 000925.SZ - news) State's B-52 bombers, said its CEO, should authorities proceed with a project to update the jets. "It's a real opportunity that's been talked about for decades and we do believe that we have a very good engine for that project should it go ahead," Rolls-Royce Chief Executive Warren East told shareholders at its annual meeting on Thursday.
- Reuters•23 days ago
Rolls-Royce CEO says will soon provide update on commercial marine unit review
The chief executive of Britain's Rolls-Royce said he hoped to "soon" be able to provide an update on the outcome of a strategic review of the company's commercial marine business. The company said in January that it could sell the loss-making commercial marine unit, a part of its business which designs and makes equipment used in oil and gas extraction. Asked about Rolls-Royce's problematic Trent 1000 engines which power the Boeing Dreamliner 787, CEO Warren East told shareholders at an annual meeting that he expected the current grounded aircraft situation to be over much sooner than 2022.
- Reuters - UK Focus•23 days ago
Rolls-Royce CEO says will soon provide update on commercial marine unit review
The chief executive of Britain's Rolls-Royce said he hoped to "soon" be able to provide an update on the outcome of a strategic review of the company's commercial marine business. The company said in January that it could sell the loss-making commercial marine unit, a part of its business which designs and makes equipment used in oil and gas extraction. Asked about Rolls-Royce's problematic Trent (BSE: 500251.BO - news) 1000 engines which power the Boeing Dreamliner 787, CEO Warren East told shareholders at an annual meeting that he expected the current grounded aircraft situation to be over much sooner than 2022.
- Fool.co.uk•23 days ago
Why I’d dump dividend dud Rolls-Royce for this FTSE 100 income champion
As Rolls-Royce Holding plc (LON:RR) struggles this FTSE 100 (INDEXFTSE:UKX) income champion is surging ahead.
- Reuters•24 days ago
Aerospace suppliers look to blockchain for parts tracking
Aerospace suppliers are starting to explore blockchain technology to keep tabs on their supply chain, potentially tracking parts such as that at the center of a Southwest Airlines accident last month. While blockchain is best known as the digital transactions technology that underpins cryptocurrency bitcoin, it can also be harnessed to track, record and transfer assets across all manner of industries, potentially smoothing operations, cutting costs and improving cash management. The challenge faced by the aerospace industry in keeping track of tens of thousands of different parts came to light when it emerged after last month's fatal explosion that some airlines do not keep track of the history of each individual fan blade within an engine.
