|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||11.96 - 12.10|
|52 Week Range||9.50 - 14.55|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||8.09|
|Forward Dividend & Yield||0.12 (0.96%)|
|1y Target Est||11.17|
The pinnacle of high society is the Rolls-Royce. The $325,000 Cullinan is an exercise in combining the latest automotive tech with old-school money. Sure, the name is a bit on the nose for a high-end British brand, but even with that in mind, it's tough to explain the feeling of driving the Cullinan.
In 2017, Kale Group said it would set up a joint venture with Rolls-Royce to develop aircraft engines after the UK and Turkey signed a defense deal worth more than 100 million pounds ($133 million) to develop Turkish fighter jets. "We have worked closely with Kale throughout this process and the offer that remains on the table is for a co-developed solution delivered through our JV company, TAEC," a Rolls-Royce spokesman told Reuters on Monday.
Kale Group is waiting for Turkey's defence industry directorate to respond to its final offer for a new fighter jet programme, a company official said on Monday, after Britain's Rolls-Royce said it had scaled back efforts to join the programme. Turkey's Kale and British engine maker Rolls-Royce Holdings Plc presented a joint bid to develop the engine on Turkey's TF-X national fighter jet project last year.
LONDON—British Airways’ parent company is making a big order for Boeing 777-9 airliners to replace its aging fleet of jumbo jets, amplifying a shift among carriers away from four-engine behemoths to more-efficient twin-engine planes. International Consolidated Airlines Group SA, commonly known as IAG, said Thursday it would place a firm order for 18 of the long-range, wide-body aircraft and take options for up to 24 more. The 777-9s will replace British Airways’ 747s, updated versions of Boeing’s venerable jumbo that first flew 50 years ago.
Rolls-Royce booked a GBP790 million charge on its Trent 1000 line of engines, and a GBP186 million charge on its Trent 900 line. Looking ahead, Rolls-Royce guided for an underlying operating profit of GBP700 million, plus-or-minus GBP100 million in 2019. “We are unable to commit to the proposed timetable to ensure we have a sufficiently mature product which supports Boeing’s ambition for the aircraft,” Rolls-Royce said.
Britain's government on Monday said it had awarded Rolls Royce a 235 million-pound ($307 million) contract to maintain nuclear submarines. Rolls Royce will provide support and advice for systems on board the current fleet of Trafalgar, Vanguard and Astute class submarines until 2022, the defence ministry said. "This year, we mark half a century since British nuclear-armed submarines began their continuous patrol of waters around the world," Gavin Williamson, the defence minister said.
Rolls-Royce said it wouldn’t comment beyond noting the news. The SFO launched its probe into GlaxoSmithKline in 2014, looking at the pharmaceutical giant’s operations in a number of countries, including China. Last year, the SFO had requested additional information on the company’s use of third-party advisers.
If you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Rolls-Royce (RYCEY).
Today we'll evaluate Rolls-Royce Holdings plc (LON:RR.) to determine whether it could have potential as an investment idea. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in Read More...
Torsten Müller-Ötvös, the CEO of Rolls-Royce Motor Cars, is in a celebratory mood. North America remains a third of sales, with Canada posting a particularly good year—sales are up 27%—and there’s been 22% growth for the U.S. The interesting thing here is that the record sales were accomplished without the aid of the new Cullinan SUV, which is very likely to become the company’s biggest-selling model.
Rolls-Royce signed a Deferred Prosecution Agreement (DPA) with the SFO in a 497 million pound settlement almost two years ago, clearing the company but allowing for continued investigation and potential prosecution of individuals. "Some individuals were notified that they are no longer suspects in the Rolls-Royce investigation," the SFO said on Monday.
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Rolls-Royce Holdings Plc has secured ...
British aero-engine maker Rolls-Royce said on Friday it would deliver fewer Trent 7000 engines this year than initially expected due to production problems, hitting both its shares and those of major customer Airbus. Rolls-Royce shares plunged as much as 13 percent to a 1-1/2 year low of 747 pence after Bloomberg reported the delays. At 1230 GMT, they were down 4.6 percent at 832 pence, while Airbus's shares were down 2.9 percent at 95.07 euros.
Rolls-Royce revealed its plans to deploy autonomous ships back in 2016, outlining its strategy and a general overview of how the vessels would work. Now, the ship designer -- Rolls-Royce for shipping and Rolls-Royce the luxury automaker are separate corporate entities -- has announced that it's working with Intel to create cargo vessels that can navigate the oceans without a human crew onboard. Instead, the ships will have LIDAR, radar, thermal cameras and HD cameras as part of its intelligence awareness system.
Driverless cars have captured the public imagination, but the technology can be applied on the high seas as well.