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Pin to quick picksRolls-Royce Holdings Share News (RR.)

Share Price Information for Rolls-Royce Holdings (RR.)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 104.30
Bid: 104.14
Ask: 104.26
Change: -0.56 (-0.53%)
Spread: 0.12 (0.12%)
Open: 103.46
High: 105.88
Low: 100.64
Yest. Close: 104.86
RR. Live PriceLast checked at -

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Thursday preview: Fed's Powell, Rolls Royce in the spotlight

Wed, 26th Aug 2020 15:54

(Sharecast News) - The market spotlight on Thursday will be on the US central bank and the start of its annual gathering of central banking experts from around the world at Jackson Hole, Wyoming,








In his keynote speech, Fed chairman Jerome Powell is expected to lay out the case for a policy of so-called inflation averaging, which entails maintaining easy monetary policy for longer.

Across the Channel meanwhile, the focus will be on the release of German retail sales figures for July and euro area money supply data covering that same month.

No major economic releases are scheduled in the UK.

Further afield, rate-setters in South Korea are expected to announce their latest policy decision.

Rolls Royce is among the top firms due to update shareholders on Thursday in the UK.

For the company's first half, UBS analyst Celine Fornaro forecasts that the engineer will post a 32% year-on-year drop in sales to reach £5.03bn.

She estimated that would result in a £199m group loss, including £300m of red ink at its aerospace arm and free cash flow guidance of -£3.0bn.

Among the key themes for the call with investors, Fornaro was expecting an update on the company's balance sheet review, trends in 2021/22 flying hours and on their impact on the company's legacy programmes, including the A330.

The analyst was also anticipating updates on asset impairments, on the implications of Roll's underlying performance for taxes and financial charges and as regards one-offs.

In its 9 July trading update, the firm reiterated guidance for original equipment manufacturing of 250 large engines.

It also said it had made "good" progress on its restructuring programme, having achieved £300m out of a projected £700m worth of measures during the half, alongside the start of its 9,000+ of job reductions.

The lion's share of the costs linked to the latter were expected to be booked in the final half of 2020 and 2021 (UBS: £200-300m).

Thursday 26 August

FINALS

Hays

INTERIMS

Anglo Pacific Group, Boston International Holdings, Grafton Group Ut, Macfarlane Group, PureTech Health, Rolls Royce, Total Produce, WPP

AGMs

Angle, Northern 3 VCT, Kodal Minerals, UK Commercial Property Reit Limited

FINAL EX-DIVIDEND DATE

Halma, Henderson Smaller Companies Inv Trust, Downing One VCT, XPS Pensions Group

INTERIM EX-DIVIDEND DATE

Warehouse Reit, Bodycote, Personal Assets Trust, Anexo Group, JPMorgan American Inv Trust, Rights & Issues Inv Trust Income Shares, Aquila European Renewables Income Fund (GBP), JPMorgan Global Growth & Income, Ultra Electronics Holdings, PayPoint, Globaldata, LondonMetric Property, Persimmon, Aberdeen Emerging Markets Investment Company, Atlantis Japan Growth Fund Ltd., VPC Specialty Lending Investments, Carr's Group

QUARTERLY EX-DIVIDEND DATE

BlackRock World Mining Trust

QUARTERLY PAYMENT DATE

Tetragon Financial Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

M3 Money Supply (EU) (09:00)

GDP (Preliminary) (US) (13:30)

Continuing Claims (US) (13:30)

Initial Jobless Claims (US) (13:30)

Pending Homes Sales (US) (15:00)

More News

TOP NEWS: Rolls-Royce expects to turn cash positive in second half

TOP NEWS: Rolls-Royce expects to turn cash positive in second half

Today 09:31

LONDON MARKET PRE-OPEN: Burberry brings payout back to pre-virus level

LONDON MARKET PRE-OPEN: Burberry brings payout back to pre-virus level

Today 07:52

UPDATE 1-Rolls-Royce sticks to guidance for 2021

(Adds background, detail)LONDON, May 13 (Reuters) - British engineering company Rolls-Royce stuck to its guidance to turn free cash flow positive at some point during the second half of 2021 as vaccinations kick in and travellers return to the ski...

Today 07:20

Rolls-Royce sticks to guidance for 2021

LONDON, May 13 (Reuters) - British engineering company Rolls-Royce stuck to its guidance to turn free cash flow positive at some point during the second half of 2021 as vaccinations kick in and travellers return to the skies.The company said its o...

Today 07:08

Rolls-Royce expects to turn cash-flow positive in second half

(Sharecast News) - Rolls-Royce engines flew at 40% of 2019 levels in the first four months of this year as the company said it expected to turn cash-flow positive in the second half as airline travel recovered from the Covid pandemic.

Today 07:00

Thursday preview: US Producer prices, Rolls Royce in focus

(Sharecast News) - Investors' focus on the US will continue to be trained on the US, where factory gate price data for April are due out.

12 May 21 11:43

LONDON MARKET CLOSE: Stocks plunge as global inflation fears return

LONDON MARKET CLOSE: Stocks plunge as global inflation fears return

11 May 21 17:00

Rolls-Royce relaunches sale of Norway-based Bergen -source

LONDON, May 10 (Reuters) - British engineering company Rolls-Royce has put its Norwegian maritime engine unit Bergen back on the block, less than two months after Norway blocked a previous deal for it to be bought by a Russian company."The sale p...

10 May 21 12:40

PRESS: Rolls-Royce restarts Bergen sale process after Norway veto

PRESS: Rolls-Royce restarts Bergen sale process after Norway veto

7 May 21 20:18

LONDON MARKET MIDDAY: FTSE 100 hits 14-month high ahead of US jobs

LONDON MARKET MIDDAY: FTSE 100 hits 14-month high ahead of US jobs

7 May 21 12:13

LONDON MARKET OPEN: St Modwen surges on Blackstone takeover bid

LONDON MARKET OPEN: St Modwen surges on Blackstone takeover bid

7 May 21 08:59

UPDATE 1-Dassault launches 10X 'flying penthouse' jet, yours for $75 million

(Recasts, adds details)By Tim Hepher and Allison LampertPARIS, May 6 (Reuters) - Dassault Aviation launched a new long-range "flying penthouse" on Thursday in a bid to challenge rivals serving the ultra-wealthy and heads of state at the top end of...

6 May 21 17:19

UPDATE 2-Dassault launches 10X 'flying penthouse' jet, yours for $75 million

* French firm says Falcon 10X will have widest cabin* Dassault picks Rolls-Royce engines for first time* Jet to compete with Bombardier, Gulfstream for elite buyers* Concern over future pandemics to support demand, CEO says (Adds analyst comments, ...

6 May 21 17:19

France's Dassault launches Falcon 10X long-range business jet

PARIS, May 6 (Reuters) - France's Dassault Aviation on Thursday launched a new long-range business jet in a bid to challenge North American rivals at the top end of the luxury aircraft market.The Falcon 10X will be able to fly 7,500 nautical miles...

6 May 21 16:04

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

6 May 21 15:52

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