Now I can keep an eye on one of my monitored stocks which I'm currently in.

Rolls Royce – not long ago I highlighted the fact that this stock had started to
push up through its short-term downtrend and that further upside had become a realistic
expectation, so it is worth noting that this process is still ongoing. Yesterday’s 8p advance
lifted RR to an eight-week high and further gains still looks possible.

Re Contract

ROLLS-ROYCE TO SUPPLY DECK MACHINERY FOR FOUR ANCHOR HANDLERS FOR EDISON CHOUEST OFFSHORE

Rolls-Royce has won a £50m contract to deliver deck machinery for four large anchor handlers for Edison Chouest Offshore. The vessels are designed by North American Shipbuilder Inc. and will be built in Brazil by Estaleiro Navship LTDA.

The four vessels have been specially developed to operate in Brazilian waters under an eight year long contract with Petrobras , but will meet all demands for world-wide operations.

The deck machinery delivered by Rolls-Royce will include low pressure high torque winches, stern rollers, anchor handling cranes and anchor launch and recovery systems (A-LARS). All mechanical, hydraulic and electric systems are included in the package.

John Knudsen, Rolls-Royce, President - Offshore, said: "We are proud that Edison Chouest has chosen Rolls-Royce products for these new and advanced vessels. Our anchor handling team's in-depth knowledge about offshore operations has been vital to developing the optimum solution together with the ship owner and designer. We look forward to continuing this journey with them."

First delivery will take place in March 2015, the last in January 2017.

ROLLS-ROYCE STATEMENT REGARDING EMIRATES ORDER

Rolls-Royce has been advised by Airbus of the cancellation of an Emirates' order for 70 A350 aircraft. While disappointed with this decision, we are confident that the delivery slots which start towards the end of this decade vacated by Emirates will be taken up by other airlines. Demand for the Airbus A350 remains strong, with more than 700 aircraft and 1,400 Trent XWB engines already sold.

We retain a close working relationship with Emirates and continue to support their 38 Rolls-Royce powered wide body aircraft currently in service.

As a result of today's announcement, our order book will reduce by around 3.5% or £2.6bn. The order for 70 A350 aircraft was confirmed in 2007 as part of a larger $8.4bn announcement relating to a total of 120 Aircraft, all with TotalCare services. The options for the additional 50 aircraft, and the TotalCare contracts were not included in the amount captured in our order book.

Cantor Fitzgerald Buy 1,057.50 1,440.00 1,440.00 Reiterates

JP Morgan Cazenove Overweight 1,057.50 1,300.00 1,300.00 Reiterates

ROLLS-ROYCE ANNOUNCES £1BN SHARE BUYBACK

Half Yearly Report

Group Highlights

· Order book of £70.4bn, down 2%
· Underlying revenue of £6.8 billion, down 7%
· Underlying profit before tax of £644 million, down 20%
· Reported profit before tax of £717 million
· Announced the sale of the Energy business to Siemens, completion expected end 2014
· £1bn share buyback - conditional upon the Energy sale
· Agreed the acquisition of Daimler's 50% ownership in Power Systems
· Payment to shareholders of 9.0 pence per share, up 5%
· Group guidance maintained


Directorate Change

Rolls-Royce is pleased to announce that Ruth Cairnie has been appointed as a Non-Executive Director of the Company with effect from 1 September 2014.

Ruth Cairnie was formerly Executive Vice President Strategy & Planning at Royal Dutch Shell Plc, where she held a number of senior international roles, including managing the Global Commercial Fuels business. She served on the boards of Shell Pakistan Ltd and joint venture companies in Germany and Thailand. She is currently a Non-Executive Director of Associated British Foods plc and Keller Group plc. She is also a member of the Advisory Board of the Rotterdam School of Management.

ROLLS-ROYCE TRENT 1000 SELECTED AGAIN BY NORWEGIAN

Norwegian has selected Rolls-Royce Trent 1000 engines for nine additional leased Boeing 787-9 Dreamliner aircraft.

This brings the total number of Norwegian's Trent 1000-powered Boeing 787 Dreamliners to 17. All of the engine sales are already accounted for in the Rolls-Royce orderbook.

In addition, the airline has also ordered long-term TotalCare® service support for engines powering the nine aircraft, worth $440m.

The leased aircraft will be powered by the latest version of the Trent 1000, the Trent 1000-TEN, which will deliver the best lifetime fuel burn performance on the aircraft.

Tore Jenssen, Norwegian, Chief Operating Officer, said: "This decision continues our excellent relationship with Rolls-Royce. We have been very pleased with the Trent 1000 in-service performance and we look forward in particular to operating the Trent 1000-TEN engine which will set new standards on the aircraft."

Dominic Horwood, Chief Customer Officer, Rolls-Royce, Civil Large Engines, said: "The Trent 1000 is delivering excellent fuel burn economics and the best reliability performance on the Boeing 787 Dreamliner. We are very pleased that Norwegian has once again chosen us to support its fleet expansion."

The Trent 1000 delivers exceptional environmental performance on the Boeing 787 Dreamliner with the best through-life fuel efficiency, lowest emissions and lowest noise.

ROLLS-ROYCE HOLDINGS PLC UPDATES 2014 AND 2015 GUIDANCE AND PROVIDES MEDIUM TERM OUTLOOK

getting very tempted to pick them up at current lvls

but waiting for a rebound sign as i do not like catching falling knives

I'm waiting for 650p , think these have had their day in the sun for the time being.

thinking of getting in sometime today but with a tight stop (specially after this bloody week...)

More 'one off charges' (see my Feb comment) , 'higher restructuring charge' ... how long does a bleeding restructuring take ??? , 'foreign exchange negative impact' ... haven't they heard of forward contracts / hedging ???

Still in the sh.t imo.

I've had a punt @811 (SB).

so did i at 809 with a stop at 790

Espirito Santo Execution Noble Buy 809.25 1,250.00 1,250.00 Reiterates

Liberum Capital Buy 809.25 - - Reiterates

Cantor Fitzgerald Buy 809.25 1,440.00 1,440.00 Reiterates

Westhouse Securities Neutral 809.25 1,040.00 1,040.00 Retains

hope my stop is not too tight.....

changed it to 780 as stop was too tight-no more tweaking from now on though

think i had for now at least a lucky break as i just would have been stopped out before at had a rally again. time will tell......

Closed @831 +20.