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Rolls-Royce Holdings PLC (RR.L)

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Latest Key Developments (Source: Significant Developments)

Rolls-Royce appoints Paul Stein as chief technology officer
Thursday, 13 Apr 2017 10:27am EDT 

Rolls-royce Holdings Plc :Paul stein has been appointed as chief technology officer, reporting to chief executive warren east.  Full Article

Rolls-Royce says Stephen Daintith to start as CFO on April 7
Thursday, 6 Apr 2017 04:50am EDT 

Rolls-royce Holdings Plc :Stephen Daintith will take up his role as chief financial officer and executive director on 7 April 2017.  Full Article

Rolls-Royce partners up with Singapore group to develop smart ships
Monday, 27 Mar 2017 06:10am EDT 

Rolls-Royce Holdings Plc : Rolls-Royce signs memorandum of understanding with Technology Centre For Offshore And Marine, Singapore (TCOMS) to develop smart ships . TCOMS is a joint venture between Singapore's Agency For Science, Technology And Research, and National University Of Singapore .TCOMS is constructing a next generation deepwater ocean basin, scheduled for completion in 2019.  Full Article

Rolls-Royce signs deal with Stena Line for intelligent awareness system
Monday, 20 Mar 2017 09:00am EDT 

Rolls-royce Holdings Plc - : Has signed a deal with Swedish ferry company Stena Line AB, to collaborate in the development of its first intelligent awareness system .Expects to be able to undertake an approval of concept and have its intelligent awareness product commercially available later in 2017.  Full Article

Rolls-Royce wins service contract for MTU engines at Zambia mine
Thursday, 16 Mar 2017 07:07am EDT 

Rolls-Royce Holdings Plc :Rolls-Royce wins long-term service contract for MTU engines at Lumwana mine in Zambia.  Full Article

Rolls-Royce wins Trent 700 engines order from Hawaiian Airlines
Tuesday, 21 Feb 2017 08:42am EST 

Rolls-Royce Holdings Plc :Rolls-Royce wins Trent 700 order from Hawaiian Airlines.  Full Article

Rolls-Royce says John McAdam to remain non-executive director until May 4
Monday, 20 Feb 2017 01:28pm EST 

Rolls-royce Holdings Plc : Board and John McAdam have agreed to extend John's appointment as a non-executive director until our AGM on 4 May .Will not stand for re-election at our annual general meeting.  Full Article

Fitch downgrades Rolls-Royce to 'A-'; outlook stable
Friday, 17 Feb 2017 06:04am EST 

: Fitch downgrades Rolls-Royce to 'A-'; outlook stable . Fitch on Rolls-Royce Holdings- downgrade reflects view that Rolls-Royce will achieve a weaker than expected recovery in its key credit metrics .Fitch on Rolls-Royce Holdings- fines agreed between Rolls-Royce and regulatory bodies in Jan 2017, will not have material impact on company's key credit metrics.  Full Article

Ptt Exploration And Production says has set up committee to investigate allegation connected to Rolls-Royce
Friday, 20 Jan 2017 05:58am EST 

Ptt Exploration And Production Pcl : Refers to media reports on Rolls-Royce's bribery charges, allegedly involved officials at state-owned oil & gas co's during 2000-2013 . Has set up fact-finding committee to investigate procurement of procurement and services with Rolls-Royce during mentioned period .Result of the investigation will be reported to the board of directors within 30 days.  Full Article

Rolls-Royce to cut 800 jobs amid weak maritime market
Thursday, 1 Dec 2016 05:00am EST 

Rolls-Royce Holdings Plc : Rolls-Royce continues marine transformation . Today announced plans to accelerate transformation of its marine business as a result of continuing weakness in maritime market . Measures include a further simplification of structure of business, with a streamlining of senior management team, and a series of cost reduction initiatives . Planned measures include a further simplification of structure of business, with a streamlining of senior management team . Costs of this restructuring are expected to be around 20 mln stg, split between 2016 and 2017 . Cost reduction initiatives which will result in loss of around 800 roles worldwide and an estimated 45-50 mln stg of annualised savings from mid- 2017 .Proposed job reductions are in addition to reduction of 1,000 employees announced in may and October last year.  Full Article

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UK fraud office expects decision on GSK, Rolls-Royce cases next year

LONDON The UK Serious Fraud Office (SFO) said on Thursday it expects to decide next year whether it will file criminal charges in bribery investigations related to drugs giant GlaxoSmithKline and aero engine company Rolls-Royce .