Rolls Royce

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FTSE Wavers as Rolls Royce Share Prince Sinks to 2004 Lows

The FTSE 100 is little changed today as traders wait for the Federal Reserve interest rate decision. The index is also falling because of the relatively strong pound and the mixed August inflation data. It is trading at £6,116, which is the highest it has been in about three weeks. […]

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Rolls Royce Shares Higher as Virgin Atlantic Seals Bailout

Rolls Royce Shares were 0.5% higher today after Virgin Atlantic completed a £1.5bn rescue plan. The news ends the threat of another airline and customer leaving the skies for the engine maker.

In my last article on Rolls I said: The latest drop sees the price trading at 232.2 and it’s possible we could see the 3rd August lows around 213 tested.” The share price has since tested that support level and is now looking to bounce.  


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Rolls Royce Share Price Plunges on Record £5.4bn Loss

Rolls Royce was down almost 8% in the first hour of trading after the company reported a record £5.4bn loss for the first half. The company has been hit hard by the grounding of airlines during Covid-19, with the company noting that flying hours for their engines were down 70-75% […]

Rolls Royce Stock Needs a Half Year Earnings Boost

Rolls Royce releases its half year financial results on Thursday and investors will be hoping for some cheer after a tough 2020. The stock price started the year around the £700 per share but has since slumped to £262. The company’s fortunes have been hit by their exposure to the […]