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- FCA Consults on Fund Product Information and Cost Disclosure CP24/30 – ShareSoc Responds
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Does Rolls-Royce need shaking up?
Post Date: August 1, 2015
Does Rolls-Royce (RR.) need shaking up? Or more to the point perhaps, will they be following the disclosure that activist fund manager ValueAct has taken a 5% stake in the company, although their agenda is as yet unclear.
On the 30th July Rolls-Royce issued their half-year results. Results were disappointing as expected. The order book was up, but underlying revenue was down and underlying profit before tax down by 32%. This is basically the same story as was evident at the full ...
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