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Stock Market & Financial Investment News

News Breaks
April 30, 2014
06:10 EDTSI, RYCEYRolls-Royce confirms talks with Siemens regarding sale of energy assets
Following media reports, Rolls-Royce confirms it is in talks with Siemens regarding the sale of its Energy gas turbine and compressor business. This supplies aero-derivative gas turbines, compressor systems and related services to customers in the Oil and Gas and Power Generation sectors. These talks have not concluded and it will make a further announcement in due course.
News For RYCEY;SI From The Last 14 Days
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February 18, 2015
10:05 EDTRYCEYOn The Fly: Analyst Downgrade Summary
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06:23 EDTRYCEYRolls-Royce plan to build SUV vehicle, Financial Times reports
Rolls-Royce has confirmed the plans to launch a sport utility vehicle, reports the Financial Times. The carmaker said it was responding to a demand from customers to create an "all-new high-bodied" Rolls-Royce. Reference Link
05:27 EDTRYCEYRolls-Royce downgraded to Underweight from Neutral at JPMorgan
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February 17, 2015
06:20 EDTRYCEYRolls-Royce vows to cooperate with Petrobras investigation, Financial Times says
Rolls-Royce (RYCEY) said it will co-operate with Brazilian authorities investigating allegations that it paid bribes to win a contract from Petrobras (PBR), reports the Financial Times. The company said, “We will take all necessary action to ensure compliance, including co-operating with authorities in any country.” Rolls-Royce had been accused of paying bribes in exchange for a $100M contract to provide “modules of energy generation” for the oil company’s platforms. Reference Link

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