engine maker boosts profit outlook

Rolls-Royce said Thursday it expects profits of over £4 billion ($5.42 billion) this year as the aero engine and power systems maker banks on another year of robust growth.  The aerospace giant is targeting underlying operating profit of between £4 billion and £4.2 billion in 2026, above the midpoint of £3.65 billion as expected by…

Read More

Stoxx 600, FTSE, DAX, CAC, Nestle earnings

Nestle Coffee-Mate is sold on a store’s shelves on February 18, 2016 in New York City. Andrew Burton | Getty Images News | Getty Images LONDON — European stocks are expected to open in mixed territory on Thursday as investors await further earnings reports. The U.K.’s FTSE index is seen opening 0.15% higher, Germany’s DAX…

Read More