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Stock Market & Financial Investment News

News Breaks
January 9, 2014
07:59 EDTRYCEYRolls-Royce in talks on Wartsila marine propulsion unit, Telegraph says
Rolls-Royce is reportedly in talks to buy the marine propulsion unit of Wartsila, though sources told Bloomberg that the Finnish ship engine maker may oppose the sale, according to The Telegraph. 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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