Rolls-Royce Holdings PLC

Rolls-Royce Holdings Plc designs, develops, manufactures, and services integrated power systems for use in the air, on land, and at sea. The company operates its business through following segments: Civil Aerospace, Power Systems, Defense and ITP Aero. The Civil Aerospace segment offers commercial aero engines and aftermarket services. The Power Systems segment includes engines, power systems and nuclear systems for civil power generation. The Defense segment consists of military aero engines, naval engines, submarines and aftermarket services. The ITP Aero segment provides aeronautical engines and gas turbines. The company was founded in March 1906 and is headquartered in London, the United Kingdom.

Rolls-Royce's chief executive said the worst was now behind the company after it posted a 4 billion pound ($5.57 billion) loss for 2020.

Rolls-Royce CEO: Worst is now behind us

Rolls-Royce PLC (LON:RR.) posted an underlying loss of nearly £4bn in 2020 and said it expects the pace of recovery in air travel to be slightly slower than previously expected.

Rolls-Royce expects slow recovery as losses hit £4bn

British engine-maker Rolls-Royce plunged to a worse than expected 4 billion pound ($5.58 billion) loss in 2020 as the pandemic stopped airlines flying, but stuck to its outlook for cash outflow to improve in 2021.

Rolls-Royce plunges to worse than expected $5.6 billion loss

Among other things, Rolls-Royce says it will design the system architecture of the VA-X4's electrical propulsion system.

Rolls-Royce tech to power all-electric aircraft designed to hit speeds of more than 200 miles per hour

Rolls-Royce Holdings PLC (LON:RR.), one of the most popular stocks in the UK in recent weeks, will be glad to see the back of 2020 but it has to look back one more time with its full-year results statement.

Rolls-Royce and WM Morrison Supermarkets in the spotlight on Thursday

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The Causeway International Value (Trades, Portfolio) Fund recently disclosed its portfolio updates for the fourth quarter of 2020, which ended on Dec. 31.

Causeway International Value Fund Buys Rolls-Royce, Dumps Aviva

In an announcement on Monday, Rolls-Royce Holdings plc (LON: RR) said that Panos Kakoullis will join the company as its new CFO on 3rd May. Kakoullis has previously served as the head of audit at Deloitte.

Rolls-Royce names Panos Kakoullis as its new Chief Financial Officer

Rolls-Royce Holdings PLC (LON:RR.) announced it has appointed Panos Kakoullis as its new chief financial officer and executive director.

Rolls-Royce appoints ex-Deloitte partner as new chief financial officer

Britain's Rolls-Royce named Panos Kakoullis as its new chief financial officer, appointing the former head of Deloitte's audit and assurance practice to help it ride out COVID-19.

Rolls-Royce names Panos Kakoullis as new CFO

Rolls-Royce Holdings will name former Deloitte partner Panos Kakoullis as its next chief financial officer, with the appointment to be announced as early as Monday, Sky News reported https://news.sky.com/story/covid-hit-rolls-royce-picks-ex-deloitte-partner-kakoullis-as-finance-chief-12217905 on Sunday.

Rolls-Royce to name former Deloitte partner Kakoullis as CFO: Sky News

RLLCF stock is up big today without a clear reason. It could be that investors are betting on a turnaround for Rolls-Royce.

RLLCF Stock: What Do Investors Need to Know About Rolls-Royce Today?

Deuetsche Bank has decided it is time to turn bullish on global plane makers and supplier after the travails of the Covid-19 storm. Global air traffic remains under pressure due to travel restrictions, said the German broker, but it sees green shoots in domestic markets and expects rapid vaccine roll-outs to spark a short-haul traffic recovery from the second half of 2021.

Rolls-Royce has plenty to do though clouds might be lifting for air travel, says broker

Rolls-Royce Holding PLC (LON:RR.) said it is planning to shut its aeroplane engine factory down for two weeks in the summer.

Rolls-Royce to put aero engine factory on pause to save costs

Britain's Rolls-Royce said on Sunday it is proposing a two week operational shutdown of its civil aerospace unit over the summer as it manages costs due to the impact of the COVID-19 pandemic.

Rolls-Royce plans two-week shutdown of civil aerospace business

Rolls-Royce is pushing ahead with its new greener engine UltraFan for now, confident that airlines will need it in the post-pandemic recovery even as new technologies catch up, the head of the project told Reuters.

Rolls-Royce says new UltraFan engine future-proof despite pandemic

Increased travel restrictions aimed at preventing more contagious strains of coronavirus are delaying the recovery in global aviation.

Rolls-Royce Tumbles as Jet Engine Maker Warns on $2.7 Billion Cash Outflow

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Shares of Rolls-Royce PLC (LON: RR.) are trading under bearish pressure after the company lowered its cash outflow outlook for this year.

Rolls-Royce stock price struggles on bearish outlook

Rolls-Royce may be the jewel in Britain's industrial crown, but the coronavirus crisis has left the engine-maker facing one of the toughest challenges in its 114-year history.

Pandemic tests Rolls-Royce resilience after prolonged engine trouble

In a report on Saturday, Sky News said that Rolls-Royce Holdings plc (LON: RR) had started looking for potential candidates for the role of its next chairman. The aero-engine manufacturer has begun the search reasonably ahead of time and a successor to its current chairman, Ian Davis, is unlikely to be brought onboard in the immediate future.

Rolls Royce kicks off search for a successor to chairman Ian Davis

British aero-engine maker Rolls-Royce Holdings Plc is beginning a search for its next chairman, Sky News reported on Saturday.

Rolls-Royce starts search for next chairman - Sky News

The embattled British engineer increased its guidance for cash burn in 2020.

A Covid-19 Surge Has Stalled Rolls-Royce's Recovery

British engineering company Rolls-Royce stuck to its guidance to turn cash flow positive during the second-half of next year, and said it was on track to deliver its cost-saving targets.

Rolls-Royce sticks to guidance, on track for cost-saving target

Britain's Rolls-Royce said on Monday it had signed a deal to sell its civil nuclear instrumentation and control business for an undisclosed sum, kicking off a plan to raise 2 billion pounds ($2.65 billion) from disposals to recover from the pandemic.

Rolls-Royce kicks off disposal plan with nuclear instrument sale

RYCEY stock is soaring today as Rolls-Royce looks to benefit from a handful of coronavirus catalysts. Here's what to know.

News for Rolls-Royce Holdings PLC Stock (RYCEY)