REPORTRollsRoyce

MARKET REPORT: Rolls-Royce rockets up after best week for 33 years

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Shares in Rolls-Royce have almost doubled in five days, capping off its best week since listing in 1987. On October 1 the jewel in Britain’s engineering crown announced plans to raise £5billion – with £2billion of it from investors – to survive the Covid crisis. The news triggered a sharp fall in shares. But after … Read more

MARKET REPORT: Rolls-Royce investors rocked | Daily Mail Online

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There was more pain for Rolls-Royce investors after the company furloughed 4,000 staff and slashed its sales target. Rolls thinks it will deliver 250 engines this year – down from a previous estimate of 450 – after the coronavirus pandemic wiped out demand for new planes. While Rolls makes engines for Airbus and Boeing’s larger … Read more