Rolls-Royce (LSE: RR) fell foul of the City expectations machine last week because, despite posting very good financial results for 2013 with profits growth of 23%, it has said that profits won’t grow at all in 2014. The share price has been hammered.
Profits will be held back in 2014 due to governments cutting back on defence spending. Consequently, Rolls-Royce expects [...]
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