Why Rolls Royce is in news

Summary  Aerospace engine maker Rolls Royce’s shares spiked over 3 per cent in early trading today on good H1 2021 results The company return to profits of £147 million after posting a loss in the same period the previous year....

Summary Meggitt Plc shares surged over 57% after it agreed to an acquisition by the US-based Parker-Hannifin Corporation. The acquisition price of 800p per share is a premium of 70.5% over the last closing price of Meggitt Plc shares at 469.1p ...

Summary  UK’s July manufacturing PMI data indicated a continuing slower pace of growth. July’s PMI grew at 60.4, down from June’s PMI reading of 63.9 and much lower than May's record high of 65.6 PMI The UK’s M...

Summary  Shares of global aerospace and engineering giant Rolls-Royce ended in the green on Thursday. The UK government has selected Rolls-Royce’s preferred small nuclear reactor for a £170 million ($236 million) demonstration ...

Summary Energy major Royal Dutch Shell PLC announced a partnership with Scotland-based energy company ScottishPower to bid for offshore windfarm development in Scotland. Italy’s oil major Eni was among some of the other firms which were k...

Summary  Postal and courier company Royal Mail released a new stamp collection featuring UK’s marine wildlife. Royal Mail’s shares have risen over 230 per cent in the last year due to covid-19 induced rise in online shopping. ...

Summary Gas company PJSC Gazprom’s Nord Stream 2 pipeline project is expected to be completed by August and is currently 98% complete. The completion of the Nord Stream 2 pipeline will lead Gazprom to increase its natural gas exports to t...

Summary Defence stocks can be a secure investment option because the industry always remains in action with persisting geo-political tensions. Rolls Royce, BAE Systems, and Chemring Group, among others, are some of the biggest stocks in this se...

Rolls-Royce Holdings Plc (LON: RR.), a wholly-owned subsidiary of BMW (Bayerische Motoren Werke AG)  has launched a new Landspeed collection, which includes both Wraith and Dawn Black Badge editions. This collection is inspired by Captain Geor...

Two FTSE listed industrial stocks were trending today on the LSE, namely Capita Plc (LON: CPI) and FERGUSON PLC (LON: FERG). Let us have a closer look at why these 2 FTSE listed stocks in the industrial support services sector on a roll: Capita ...