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Stock Market & Financial Investment News

News Breaks
February 26, 2014
07:18 EDTRYCEY Rolls-Royce plans more efficent aircraft engine, Reuters reports
Rolls-Royce says it plans a new aircraft engine called the "Advance" which would be up to 6% more efficient than its latest model and could be ready by the end of this decade, reports Reuters. The "Advance" could be a successor to its Trent XWB which is due to enter service later this year.Reference Link
News For RYCEY From The Last 14 Days
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November 24, 2014
17:18 EDTRYCEYRolls-Royce awarded $287.03M government contract
Rolls-Royce is being awarded a $287.03M firm-fixed-price contract for Mission Care maintenance services in support of the V-22 AE1107C engines. The services to be provided include: an engine hourly charge based on hours flown; program management, integrated logistics support, support equipment requirements data, supportability analysis data and updates; configuration management tracking; formal training; supply management and contract/business administration; and site support, including informal technical training, maintenance technical advice, engineering support, and engine repair. Work is expected to be completed in February 2017.
November 21, 2014
06:18 EDTRYCEYRolls-Royce wns $5B Trent order for 50 aircraft from Delta Air Lines
Rolls-Royce (RYCEY) has won a $5B order for Trent engines and long-term TotalCare service support from Delta Air Lines (DAL) to power 50 new aircraft. Trent XWB engines will power 25 Airbus (EADSY) A350s and Trent 7000 engines will power 25 Airbus A330neo aircraft.
November 19, 2014
06:18 EDTRYCEYDaimler targeting Chinese drivers to spur Maybach revival, FT reports
Daimler's (DDAIF) mothballed Maybach luxury brand is set to be relaunched in China, the Financial Times reports. Maybach, which will be relaunched as a top-end variant of Daimler's Mercedes-Benz, previously competed against Rolls Royce (RYCEY) and Bentley. Reference Link
November 18, 2014
05:36 EDTRYCEYRolls-Royce initiated with an Underperform at Credit Suisse
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November 13, 2014
06:31 EDTRYCEYAirbus A350-900 receives FAA Type Certification
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06:22 EDTRYCEYRolls-Royce expects to complete sale of energy unit to Siemens by year-end
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