Rolls-Royce Holdings PLC

Rolls-Royce Holdings Plc designs, develops, manufactures, and services integrated power systems for use in the air, on land, and at sea. The company operates its business through following segments: Civil Aerospace, Power Systems, Defense and ITP Aero. The Civil Aerospace segment offers commercial aero engines and aftermarket services. The Power Systems segment includes engines, power systems and nuclear systems for civil power generation. The Defense segment consists of military aero engines, naval engines, submarines and aftermarket services. The ITP Aero segment provides aeronautical engines and gas turbines. The company was founded in March 1906 and is headquartered in London, the United Kingdom.

Rolls-Royce Holdings PLC shareholder Causeway Capital Management has called on the aero-engine maker's incoming chair to refresh its board, according to a report in the Financial Times. Jonathan Eng, portfolio manager of the US investment group which holds just under 9% of Roll-Royce, told the FT that he would like Anita Frew, who takes over as chair of the FTSE 100 group in October, to consider whether it has the right expertise at the top.

Rolls-Royce shareholder Causeway Capital calls for board refresh - report

Rolls-Royce shareholder Causeway Capital Management has called on the British engine-maker's incoming chair to refresh the board, the Financial Times reported.

Rolls-Royce investor Causeway Capital calls for board refresh - Financial Times

RollsRoyce Holdings PLC (RYCEY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

RollsRoyce Holdings PLC (RYCEY) Upgraded to Buy: What Does It Mean for the Stock?

Rolls-Royce Holdings PLC (LSE:RR.) and Deliveroo PLC (LSE:ROO) are the most-searched-for investment among UK stocks, but British investors are mostly interested in big US names like Tesla Inc (NASDAQ:TSLA) and Amazon.com Inc, according to analysis of Google search data.

Rolls-Royce is most searched-for UK investment

Rolls-Royce Holdings PLC is being tipped by JP Morgan to outperform over the next few months as earnings forecasts nudge up and the aero-engine group sells its ITP Aero business. JPM acknowledges there are structural challenges - such as the future of long haul flights -  but has raised its share price target to 130p from 105p, while its earnings forecasts over the next three years jump by 49%, 31% and 25% respectively but these might be too cautious it adds.

Rolls-Royce upgraded by JP Morgan on earnings and disposals potential

Citigroup

Airbus SE

Rolls-Royce Holdings PLC should get an unexpected boost as the Airbus A380 superjumbo jet is revived from the ashes of the pandemic, according to Citigroup. In a note entitled “Is the future of the A380 all bad?

Rolls-Royce to get £100mln boost from revival of Airbus superjumbo - Citi

Rolls-Royce Holdings Plc offers investors an appealing long-term story, that's according to analysts at Deutsche Bank, who have nudged their price target higher following positive interim results. The target moves to 116p, from 113p, but stuck with a ‘hold' rating and cautioned that short-term uncertainties linger.

Rolls-Royce shares are appealing for the long-term says Deutsche Bank

Rolls-Royce Holdings plc (RLLCF) CEO Warren East on Q2 2021 Results - Earnings Call Transcript

Rolls-Royce Holdings PLC has had its price target upgraded by UBS which saw some encouraging trends in the half-year numbers though the broker wants to see more consistent performance. The new target is 130p up from 119p, which UBS said reflects how the aero-engine maker has managed to contain and correct the civil aerospace cash bleed despite the low level of activity, while there was a good performance and payments in Defence.

Rolls-Royce target upgraded by UBS as cashflow reassures

Rolls-Royce Holdings PLC (RYCEF) CEO Warren East on Q2 2021 Results - Earnings Call Transcript

Rolls-Royce Holdings PLC returned to profit at the half-year and confirmed it is near to sale of its ITP Aero division. Bain Capital in combination with Spanish engineer Sener is in exclusive talks to buy ITP Aero for about £1.4bn, Rolls said last night after reports in the Spanish media.

Rolls-Royce back in profit as costs fall and flying hours recover

British engine-maker Rolls-Royce said it was on track to meet its forecasts for 2021, reassuring investors that despite a muted recovery in long-haul travel across the world its cost-cutting and disposal plans were stabilising the business.

Rolls-Royce sticks to 2021 forecasts despite slow travel recovery

Rolls-Royce is set to sell its Spain-based ITP Aero unit to U.S. private equity firm Bain Capital and Spanish group Sener for 1.6 billion euros ($1.9 billion), a Spanish newspaper said, in a deal that would boost the British company's finances.

Rolls-Royce plans to sell ITP Aero to Bain and Sener for $1.9 billion - report

Half-year results from Rolls-Royce Holdings PLC is expected to see the propulsion systems maker benefit from a slight recovery in engine flying hours; the group expects these to recover in 2021 to around 55% of (pre-pandemic) 2019 levels. Nevertheless, it will “likely be another difficult set of results with limited improvement in the flying hours of the fleet beyond cargo engines (757/767/ some A330s) and the A350,” according to UBS.

Rolls-Royce and Frasers Group is the spotlight for Thursday

Rolls-Royce Holdings PLC has agreed to sell its Bergen Engines subsidiary to industrial conglomerate Langley Holdings for an enterprise value of €63m.

Rolls-Royce confirms sale of Bergen Engines to Langley

Rolls-Royce said it agreed to sell its Norwegian maritime engine business Bergen to UK-based Langley Holdings, in a deal which will boost the British aero-engine maker's finances by 110 million euros ($130.6 million).

Rolls-Royce agrees sale of Norway's Bergen for $131 million

Rolls-Royce Holdings PLC is said to be in talks with UK-Based Langley Holdings over the sale of its Bergen maritime engine business after Norwegian authorities blocked a sale to a Russian company in March. A deal might be announced with the aero-engine maker's interim results on Thursday, Sky News reported.

Rolls-Royce in new talks over sale of Bergen business

HSBC Holdings

Legal & General Group PLC

The coming week will see more results from blue-chip banks in the form of HSBC and Standard Chartered, meanwhile, oilers will once again be in focus as BP delivers figures. Other notable names in the diary will be bakery chain Greggs, insurer Legal & General, engine maker Rolls Royce, housebuilder Taylor Wimpey and exchange operator LSE Group.

Banks, BP and Greggs among key updates in coming week, Bank of England and non-farms draw macro focus

Rolls-Royce PLC (LON:RR.) is a risky but appealing long term recovery play according to analysts at Citigroup, who admit they don't know when the wide-body civil jet market will recover but are convinced that it will.

Rolls-Royce recovery potential appeals to Citigroup

Shell (RDS.A) and Rolls-Royce (RYCEY) plan to enhance their cooperation on SAF and fully certify its use in planes due to its much lower carbon footprint compared with conventional fuel.

Shell, Rolls-Royce Sign MoU to Decarbonize Aviation Industry

British engineering company Rolls-Royce said it would partner with oil company Shell to work on the development of sustainable aviation fuel (SAF) in line with both their plans for net zero emissions by 2050.

Rolls-Royce partners with Shell in sustainable aviation fuel push

Rolls-Royce Holdings PLC (LON:RR.) has whittled down potential buyers of its Spanish aircraft parts maker ITP Aero down to two private equity companies.

Rolls-Royce close to selling Spanish aircraft parts business to private equity groups

Globalstar

Hecla Mining

Transocean

Wish

Penny stocks are making major moves today with many of them on the rise and we're looking at the best-perfomring ones for Monday. The post 5 Penny Stocks Making the Biggest Moves Today appeared first on InvestorPlace.

5 Penny Stocks Making the Biggest Moves Today

Rolls-Royce Holdings Plc (LON:RR) has pledged to develop new products compatible with net zero emissions by the end of the decade. The jet engine maker in a statement said it is “accelerating the race to a zero carbon economy'.

Rolls-Royce aims to develop new ‘net zero compatible' engines by 2030

Britain's Rolls-Royce, which makes engines for planes and ships, outlined plans to head towards a net zero emissions by 2050 by ensuring its aero engines can run on sustainable aviation fuels and decarbonising new products.

News for Rolls-Royce Holdings PLC Stock (RYCEY)