|Day's Range||11.16 - 11.23|
|52 Week Range||7.90 - 11.75|
|PE Ratio (TTM)||-3.97|
|Dividend & Yield||0.11 (1.00%)|
|1y Target Est||7.83|
British aircraft engine maker Rolls-Royce Holdings said that sterling weakness could provide an earnings tailwind this year, and it stuck to its full-year guidance for slightly better sales.
Britain's accounting watchdog has opened an investigation into how KPMG checked the books of Rolls-Royce (RR.L), the aero-engine group that agreed in January to pay 671 million pounds ($862.8 million) to settle a transatlantic bribery probe. The Financial Reporting Council, which regulates auditing in Britain, said on Thursday it was looking into KPMG's audit of Rolls-Royce Group's financial statements for the year to Dec. 31, 2010 and those of Rolls-Royce Holdings for the years to end December 2011 to 2013. Rolls-Royce and Britain's Serious Fraud Office (SFO) in January reached a Deferred Prosecution Agreement (DPA) in a deal that allowed the company to avoid prosecution in relation to accusations by prosecutors of persistent criminal conduct over three decades.
Rolls-Royce Holdings Plc will bid to power a new short-haul jetliner being designed by Boeing Co. as the U.K. engine maker seeks to re-enter a market it quit in 2011.