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Rolls-Royce Holdings PLC

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  • $16B Airbus cancellation good for Boeing: Moody's Friday, 13 Jun 2014 | 8:58 AM ET
    Airbus A350

    Ratings agency Moody's said Emirates' cancellation of an order for 70 A350 planes from Airbus was "credit negative" for the European planemaker.

  • Airbus, Rolls-Royce share prices fall. TOULOUSE, June 11- Airbus suffered what could be the jet industry's worst cancellation and a setback to its newest aircraft on Wednesday when Dubai's Emirates scrapped a $16 billion order for the A350, hitting shares in the planemaker and engine firm Rolls-Royce.

  • *Airbus, Rolls-Royce share prices fall. TOULOUSE, June 11- Airbus lost a major order on Wednesday when Dubai's Emirates airline cancelled its entire requirement for 70 A350 jets, dealing an unexpected blow to the European planemaker and engine maker Rolls-Royce.

  • UPDATE 1-Emirates cancels order for Airbus 70 A350 planes Wednesday, 11 Jun 2014 | 2:53 AM ET

    PARIS, June 11- Europe's Airbus lost a major order on Wednesday when Dubai's Emirates airline canceled its entire purchase of 70 Airbus A350 jets, dealing an unexpected blow to the planemaker and engine maker Rolls-Royce.

  • Rolls-Royce says aircraft cancellation hits order book Wednesday, 11 Jun 2014 | 2:17 AM ET

    LONDON, June 11- British engineering company Rolls-Royce said the cancellation of an Airbus aircraft purchase by Dubai's Emirates would result in a 2.6 billion pound hit to its order book. Rolls-Royce makes engines for the aircraft and provides some customers with an ongoing maintenance service for the engines.

  • *Airbus sees intra-regional role for proposed A330 revamp. PARIS, June 9- The world's top two planemakers are heading towards a showdown over the prices of their smaller twin-aisle airliners as Airbus draws closer to a decision to revamp its 20- year-old A330 model.

  • *China business jet sales to top $65 bln over 20 years. Now the supplier of private aircraft for the Ferrari motor racing team is looking into a new joint venture far from home- manufacturing in China.

  • Dash for cash drives Airbus v Boeing jet revamps Wednesday, 21 May 2014 | 8:09 AM ET

    *Airbus also seen looking at A380 engine upgrade for 2020-21. BERLIN, May 21- Drained by their contest to create the carbon-fibre wonder jet, Airbus and Boeing are observing a truce in futuristic new developments while they refill their coffers with makeovers of older but reliably profitable models.

  • Hunting for M&A hot spots? Look here, pro says Wednesday, 14 May 2014 | 2:05 PM ET

    For the next great investment ideas, look to the M&A space, York Capital Management CEO Jamie Dinan says.

  • *Siemens says won't be forced into bid for Alstom assets. BERLIN, May 7- German engineering giant Siemens unveiled a long-awaited restructuring on Wednesday in a bid to catch up with more profitable rivals and said it would not be forced into making an offer for the energy assets of French rival Alstom.

  • *Siemens says won't be forced into bid for Alstom assets. BERLIN, May 7- German engineering giant Siemens unveiled a long-awaited strategic overhaul on Wednesday to catch up with more profitable competitors and said it would not be forced into making a formal offer for the energy assets of French rival Alstom.

  • *Siemens mulling bid for rival Alstom's energy business. BERLIN, May 7- German engineering giant Siemens unveiled a long-awaited strategic overhaul in a bid to catch up with more profitable rivals, as it posted weaker-than-expected quarterly earnings on Wednesday, hit by charges in its energy business.

  • *Siemens buys energy assets of Rolls-Royce for 950 mln eur. Siemens confirmed on Tuesday that it was buying the aero-derivative gas turbine and compressor business of Rolls-Royce for roughly 950 million euros.

  • Siemens unveils overhaul, confirms Rolls-Royce buy Tuesday, 6 May 2014 | 4:33 PM ET

    BERLIN, May 6- German conglomerate Siemens announced a corporate overhaul on Tuesday which will streamline the structure of the company into nine divisions, see its healthcare business managed separately, and its audiology activities publicly listed.

  • BERLIN, May 4- When Joe Kaeser took the reins of German engineering giant Siemens last summer after a boardroom coup, he made clear his priority was closing a yawning profitability gap with rivals such as General Electric.

  • April 29- Britain's Rolls-Royce said on Tuesday it was in talks with Germany's Siemens AG to sell a unit that makes equipment for the oil and gas industry and power-generation gear for utilities.

  • April 29- Germany's Siemens AG is considering paying just under 1 billion euros for a unit of Britain's Rolls-Royce that makes equipment for the oil and gas industry and power-generation gear for utilities, sources familiar with the matter said.

  • April 29- Germany's Siemens AG is considering paying just under 1 billion euros for a unit of Britain's Rolls-Royce that makes equipment for the oil and gas industry and power-generation gear for utilities, sources familiar with the matter said.

  • GE trumpets jet venture to bolster Alstom bid Tuesday, 29 Apr 2014 | 5:49 AM ET
    Jeff Immelt, chairman and chief executive officer of General Electric Co.

    General Electric hopes that three letters - CFM - will convince French leaders to back its offer to rescue Alstom.

  • *Immelt hoping to convince France to back Alstom offer. *Industry experts say Alstom deal may have to be different. PARIS, April 29- As General Electric tries to convince French leaders to back its offer to rescue engineering firm Alstom, it hopes that three letters will convince them of its good will: CFM.