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Stock Market & Financial Investment News

News Breaks
January 22, 2013
13:51 EDTRYCEYRolls-Royce planning to close U.K. defense operations, AP reports
Rolls-Royce (RYCEY) is planning to close its U.K. defense operations, the Associated Press reports, citing comments from Unite, Britain's largest trade union. The closure would result in the loss of around 400 jobs. Reference Link
News For RYCEY 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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