|Bid||980.00 x 344600|
|Ask||1,000.00 x 265700|
|Day's Range||982.60 - 999.00|
|52 Week Range||800.20 - 1,010.50|
|PE Ratio (TTM)||4.35|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||968.69|
Japanese companies are increasingly turning to investment banks and public relations firms for advice on dealing with potential approaches by activist investors who are targeting low valuations and cross-shareholdings in the nation. Among those advising company board members on how to handle activists are Morgan Stanley and Bank of America Merrill Lynch.
Airbus (AIR.PA) is stockpiling parts in case of a hard Brexit and Rolls-Royce (RR.L) is months away from doing so. The largest aerospace sector in Europe and second in the world behind the United States, the British industry generates exports worth 30 billion pounds a year and sustains 123,000 direct jobs, plus as many again indirectly. A disorderly or no-deal Brexit would threaten the smooth flow of parts across borders and prevent European regulatory approval for aerospace products.
James Bond would love it. Aston Martin, maker of the luxury sports cars favoured by the fictional British spy, has now come up with a futuristic personal aircraft it has dubbed "a sports car for the skies". Aston Martin unveiled the three-seater hybrid-electric vehicle this week at the Farnborough Airshow and, though the concept remains for now the stuff of science fiction, believes it could help one day to revolutionise travel.
Engine maker Rolls-Royce is exploring the idea of using robots inspired by snakes and cockroaches to help it inspect and repair engines in the future, the company's researchers said at the Farnborough Airshow. Removing engines from wings incurs disruption for airlines, and so doing more maintenance while the engines are in place saves time and money for airlines, and also reduces costs for Rolls-Royce as the maintenance provider. In one early-stage technology, Rolls-Royce is looking at using a snake-style robot to deposit a set of miniature robots into the centre of an engine to carry out a visual inspection.
Airbus SE Chief Executive Officer Tom Enders bashed U.K. Prime Minister Theresa May’s “unraveling” Brexit plan, following on similar criticism leveled Tuesday by his counterpart at engine-maker Rolls-Royce Holdings Plc. Airbus is activating contingency plans and will stockpile parts in preparation for border delays after the U.K. exits the European Union next year, Enders said Wednesday at the Farnborough air show southwest of London.
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Rolls-Royce could start stockpiling parts in months if it looked like Britain was heading towards a disorderly exit from the European Union, the CEO of the UK engine-maker said, expressing frustration with the lack of clarity on the Brexit process. Britain is due to leave the EU in less than nine months, but there is little clarity over its future relationship with the world's biggest trading block, creating a headache for companies that rely on the smooth flow of goods and parts across borders.
Rolls-Royce Holdings Plc Chief Executive Officer Warren East warned the aircraft enginemaker may soon need to start stockpiling parts after Prime Minister Theresa May backpedaled on her latest customs proposals as part of her Brexit blueprint. If there’s no clarity on trading arrangements, the London-based company will decide on building a “buffer” of parts to sustain production in the fourth quarter, East said at the U.K.’s biennial Farnborough Air Show. Rolls-Royce is meeting with suppliers to help advise on how to manage the divorce from the bloc.
British engine-maker Rolls-Royce (RR.L) has provided Boeing (BA.N) with proposals for an engine for the new middle of the market jet being considered by the U.S. planemaker, Rolls-Royce's chief executive said on Tuesday. "Boeing have asked us for proposals, we've produced some proposals. Boeing is studying a gap between narrowbody jets and long-haul aircraft for a potential new mid-market airplane that could seat 220 to 260 passengers.
FARNBOROUGH, England (Reuters) - British engine maker Rolls-Royce could start stockpiling parts later this year if it looked like Britain was heading towards a no-deal or disorderly exit from the European ...
Britain unveiled a model of a sleek proposed fighter jet named Tempest on Monday, raising questions about the future of European defence cooperation, given that Germany and France launched their own fighter jet program a year ago. At the Farnborough Airshow, Defence Minister Gavin Williamson said 2 billion pounds ($2.7 billion) had been earmarked to finance the programme out to 2025 and that Britain would seek international partners to provide additional funding. The aircraft, meant to eventually replace the Eurofighter Typhoon jet, will be developed and built by BAE Systems Plc (BAES.L), Britain's biggest defence company, alongside UK engine-maker Rolls-Royce Holdings Plc (RR.L), Italian defence firm Leonardo (LDOF.MI), and European missile maker MBDA.
Britain will invest 2 billion pounds ($2.7 billion) to 2025 to develop a fighter jet called Tempest that could be used with pilots or as a drone, its defence minister said on Monday, unveiling a life-sized model of the new stealthy warplane. Gavin Williamson said the programme was aimed at ensuring Britain's continued leadership in fighter technology and control of air space in future wars.
Prime Minister Theresa May will on Monday seek to reassure aviation bosses that her under-fire Brexit plan won't disrupt their supply chains, and promise that the industry will flourish as Britain leaves the European Union. May's words, to be delivered at the Farnborough Airshow south west of London, come at a crunch time for the prime minister as pro-Brexit lawmakers in her party threaten revolt over an EU exit strategy they say leaves Britain subject to Brussels' rule. Airbus (AIR.PA), Europe's biggest planemaker which employs around 15,000 people in Britain, warned earlier this month that if Britain left the EU without a deal - a so-called "hard" Brexit - it could result in production at its factories stopping and aircraft being grounded.
Rolls-Royce Holdings Plc’s engines power the world’s biggest passenger jets. Rolls-Royce is pitching the concept to airframers and electrical-systems suppliers at the Farnborough air show this week in an attempt to bring partners on board to build a working business case that would see the craft ready for flight in the early 2020s. The company is already working with Airbus SE and Siemens AG on a hybrid regional jet, which has so far been the focus of Rolls’s efforts to commercialize electric engines.
Engine maker Rolls-Royce Holdings Plc plans to offer airlines maintenance credits, limiting direct compensation for grounding Boeing Co. 787 planes in a bid to minimize the impact of unexpected wear issues on cash flow, according to people familiar with the matter. A spokesman for London-based Rolls-Royce declined to comment. Chief Executive Officer Warren East has already cut back on travel expenses, IT upgrades and spending on new programs in an effort to meet the cash goal.
British jet engine maker Rolls-Royce has designed a propulsion system for a flying taxi and is starting a search for partners to help develop a project it hopes could take to the skies as soon as early next decade. Rolls-Royce said on Sunday it had drawn up plans for an electric vertical take-off and landing (EVTOL) vehicle, or flying taxi, which could carry four to five people at speeds of up to 250 miles per hour for approximately 500 miles. Rolls-Royce's design will be showcased in digital form at the Farnborough Airshow, which starts on Monday.
British jet engine maker Rolls-Royce has designed a propulsion system for a flying taxi and is starting a search for partners to help develop a project it hopes could take to the skies as soon as early next decade. Rolls-Royce said on Sunday it had drawn up plans for an electric vertical take-off and landing (EVTOL) vehicle, or flying taxi, which could carry four to five people at speeds of up to 250 miles per hour for approximately 500 miles. Long the stuff of science fiction and futuristic cartoons such as "The Jetsons", aviation and technology leaders are working to make electric-powered flying taxis a reality, including Airbus, U.S. ride- sharing firm Uber and a range of start-ups including one backed by Google co-founder Larry Page, called Kitty Hawk.
TOKYO (Reuters) - Japanese airline ANA Holdings cancelled 330 domestic flights from July 23 through July 31, and warned of further cancellations in August as it continues to inspect engines built by Rolls-Royce ...
Japanese carrier ANA Holdings on Monday cancelled 176 flights from July 13 through July 22 to inspect its Rolls-Royce Holdings engines, in addition to 113 flights it already cancelled for the preceding ...
Rolls-Royce Holdings said it would sell its loss-making commercial marine business to Norway's Kongsberg Gruppen ASA for 500 million pounds ($661 million), in the latest reshaping of the engineering company by CEO Warren East. Since taking charge in 2015, East has led a turnaround of Rolls, which suffered years of falling profits and multiple profit warnings due to a weak oil and gas market and declines in some of its older aero-engine programmes.
Rolls-Royce Holdings said it would sell its loss-making commercial marine business to Norway's Kongsberg Gruppen ASA for 500 million pounds, in the latest reshaping of the engineering company by CEO Warren East. The company said in January it was considering selling its commercial marine business which has been most impacted by the weaker oil price as it supplies oil and gas companies with equipment.
The British aircraft-engine maker said the sale followed a strategic review of its commercial marine operations that was announced in January. Rolls-Royce said the proceeds will be used to improve the resilience of its balance sheet and provide additional capital for pursuing opportunities to drive returns for the group.
Rolls-Royce Holdings Plc agreed to sell its ailing ship-design arm to Kongsberg Gruppen ASA of Norway in what amounts to a state rescue for an oil-focused business by the country where most of its 3,600 workers are based. The deal will have an enterprise value of 500 million pounds ($660 million), Rolls said in a statement Friday. The U.K. jet-engines giant revealed in January that it was looking at offloading the unit, though the agreement with Kongsberg doesn’t include naval activities or the Bergen engines brand.
Japanese airline ANA Holdings Inc said it will cancel 113 domestic flights between July 6 through July 12 to inspect Rolls-Royce Holdings Plc engines for compressor issues that have led to service interruptions ...
TOKYO (Reuters) - Japanese airline ANA Holdings Inc said it will cancel 113 domestic flights between July 6 through July 12 to inspect Rolls-Royce Holdings Plc (RR.L) engines for compressor issues that ...