The moods that dictate underlying prices can quickly swing from one extreme to the other. Such swings often create opportunities for investors. For instance, the rush back to domestic markets is leaving opportunity on the table…
It’s looking more and more like the explosion of a Roll-Royce engine on a Qantas-owned Airbus A380 last week wasn’t an anomaly, but a sign of an as-yet unidentified design flaw. So how deep are the problems at Rolls-Royce, and …
Rolls-Royce Group said CEO John Rose will step down at the end of March after more than 14 years in charge of the company.
Rose turned Rolls-Royce into the world’s second-biggest aircraft engine maker, Bloomberg News said. John Rishton, who is currently CEO at retailer Royal Ahold NV, will replace Rose.
Rishton is currently a non-executive director at Rolls-Royce and was previously…
Continue reading Rolls-Royce CEO Rose to Retire in March
Rolls-Royce CEO Rose to Retire in March originally appeared on DailyFinance on Thu, 30 Sep 2010 06:53:00.
Filed Under: Energy, Company News, Technology, People, Green
Aircraft maker Cessna will cut jobs after its parent company said new airplane orders were less than previously expected.
Continue reading Cessna Will Cut 700 Jobs on Lower Production Forecast
Ce…
BAE Systems PLC, the world’s second-largest defense company by revenue, will auction off divisions of its North American commercial aerospace business, a sale that could net up to $2 billion, according to The Wall Street Journa…