|Bid||753.80 x 0|
|Ask||754.00 x 0|
|Day's range||737.00 - 756.00|
|52-week range||713.80 - 1,003.50|
|Beta (3Y monthly)||0.75|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.12 (1.60%)|
|1y target est||974.81|
Emirates doubts it will receive any of the 115 Boeing 777-9s it has ordered next year, its president said on Monday, as the U.S. planemaker grapples with challenges in building the jet. Emirates, a launch customer of the world's biggest twin engined jet, was to receive its first 777-9 in 2020 but the manufacturer has suspended load testing of the plane. Now it doesn't look like we will have any," Tim Clark said at a conference in Dubai.
D. Warren East has been the CEO of Rolls-Royce Holdings plc (LON:RR.) since 2015. This report will, first, examine the...
De La Rue has appointed turnaround specialist Clive Vacher as chief executive as the banknote and passport maker contends with a series of setbacks. Vacher takes over immediately from Martin Sutherland, whose departure was announced after a May profit warning, but faces significant challenges alongside new chairman Kevin Loosemore. De La Rue's share price has more than halved since the profit warning, with the company also taking a one-off hit for non-payment from Venezuela and an investigation led by Britain's Serious Fraud Office (SFO).
Norwegian Air's income per passenger rose less than expected in September, although its aircraft were more full than at the same time last year, the airline's monthly traffic report showed on Friday. The company's yield, or revenue per passenger carried and kilometre flown, rose to 0.39 Norwegian crowns ($0.0428) in September from 0.38 crowns a year earlier, below the 0.40 crowns seen in a Reuters poll. The loss-making airline is on track to reach its target of cutting costs by 2 billion crowns this year, acting Chief Executive Geir Karlsen said in a statement.
China's Foreign Ministry reiterated a denial of involvement in cyber attacks on Friday after French news agency AFP published a report that linked recent attacks on planemaker Airbus to China. "China resolutely opposes any form of cyber attack," Foreign Ministry spokesman Geng Shuang said at a daily media briefing.
A series of cyber attacks on Airbus in the past few months was conducted via the computer systems of its suppliers and security sources suspect a link to China, AFP news agency reported on Thursday. Airbus "continuously monitors" such threats through detection systems and can take "immediate and appropriate measures to protect itself at all times," he added. Airbus said last January that a cyber attack on its systems had resulted in a data breach.
* Europe's STOXX 600 up 0.2% as defensive stocks gains * Investec falls after profit warning * London lags as sterling bounces on renewed Brexit optimism * * Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Josephine Mason. Reach her on Messenger to share your thoughts on market moves: email@example.com UK: LIST YOUR U.S. BUSINESS IN NY? Companies have increasingly turned to the bond markets for their financing needs in recent months as falling bond yields mean buying debt is cheap versus equity, leading to less equity offerings.
Britain's exporter-heavy blue-chip index lost ground as sterling hit multi-month highs after European Commission President Jean-Claude Juncker said that a Brexit deal is still possible. The FTSE 100 dipped by 0.2%, registering its first weekly loss in three, though sterling's early gains helped the more domestically focused mid-cap FTSE 250 to firm by 0.4%.
Rolls-Royce will take longer than expected to fix problems with its Trent 1000 engine, frustrating efforts to get Boeing 787s grounded by the glitch flying again and knocking the British company's shares. Rolls-Royce, whose engines power large civil and military planes, said on Friday it had sped up turbine blade replacement for some models, leading to additional removals and delaying a reduction in the number of grounded aircraft to single figures until the second quarter of 2020. Rolls-Royce, whose customers include more than 400 airlines, 160 armed forces and 70 navies, said in August that it would spend another 100 million pounds to fix the issue.
Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Josephine Mason. The major European stock futures are on the backfoot this morning as investors lock in profits amid broader caution about US-China trade talks, government stimulus and spikes in overnight lending rates in the United States. London futures are leading the charge lower, down 0.7% after sterling rallied to a two-month high as hopes the country will avoid a no-deal Brexit build again after European Commission President Jean-Claude Juncker said a new Brexit deal could still be reached before the Oct. 31 deadline and the backstop could be potentially replaced.
London's main index see-sawed in early Wednesday trading as investors awaited the outcome of the U.S. Federal Reserve meeting to get a sense of how far policymakers in the world's largest economy will go to tackle a global slowdown. The Federal Reserve is set to conclude its latest policy meeting later in the session, with expectations that it will cut interest rates for the second time this year as it looks to cushion the economy from an ongoing trade war with China. "The question facing the market is how many more (rate cuts) there are to come," Markets.com analyst Neil Wilson wrote.
Norwegian Air's bondholders have accepted the company's plea to postpone repayment of $380 million by up to two years, the carrier said on Monday, providing the loss-making airline some financial relief and sending its shares higher. In return, Norwegian has promised to pay a premium on the bonds while pledging lucrative take-off and landing slots at London's Gatwick Airport as security. "We're pleased with the bondholders' decision to amend the bonds as it will give us added financial headroom going forward," acting CEO Geir Karlsen said in a statement.
Manika Premsingh believes FTSE 100 (INDEXFTSE: UKX) aerospace engineering giant Roll-Royce Holding plc (LON: RR) might not have performed well recently, but is still worth consideration.
Does the September share price for Rolls-Royce Holdings plc (LON:RR.) reflect what it's really worth? Today, we will...
Italy will work with Britain on its planned Tempest fighter plane programme, Britain's defence ministry said on Wednesday, in a boost to its proposed replacement for the Eurofighter Typhoon programme. Italy joins Sweden in agreeing a pact to co-operate with Britain on fighter jets as the UK looks to get Tempest off the ground and give it an edge over a rival Franco-German project.
Virgin Atlantic continues to struggle with reliability issues on Boeing 787 aircraft but expects to have its major troubles with Rolls-Royce engines resolved by year-end, the airline's CEO said in an interview in London. Virgin Atlantic CEO Shai Weiss was more diplomatic in comments about Rolls-Royce than Emirates President Tim Clark, who earlier in the […]
The Rolls-Royce Holding plc (LON: RR) share price recovery has stalled, but here's a FTSE 100 (INDEXFTSE: UKX) stock I'd buy instead.
Norwegian Air, which seeks to delay bond repayments amid a liquidity crunch, on Thursday posted slightly higher revenue per passenger in August than a year earlier, in line with most forecasts. Its yield, or revenue per passenger carried and km flown, rose to 0.46 Norwegian crowns ($0.0514) in August from 0.45 crowns a year earlier, in line with forecasts in a Reuters poll.
Emirates President Tim Clark said engine makers Rolls-Royce and GE must improve their reliability, saying the airline would not take new Airbus and Boeing planes unless they were truly ready. Boeing has pushed back the entry into service of an ultra-long-range version of its forthcoming 777X widebody, in part due to issues with its GE engines. "When they don't give me those aeroplanes and engines that work - it's over.
Norwegian Air is asking bondholders for up to two more years to pay back $380 million of outstanding debt, in the loss-making airline's latest attempt to shore up its finances. The company said on Monday it would pledge lucrative take-off and landing slots at London's Gatwick Airport as security. Norwegian Air is Europe's third-largest budget airline by passenger numbers after Ryanair and easyJet and has shaken up the market with cut-price transatlantic fares.