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Britain's Rolls-Royce posts record reported loss Feb 14, 2017
 
<p><a href="http://news.yahoo.com/britains-rolls-royce-posts-record-reported-loss-074530619--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/F_U93MEXuC74ce.s09xirQ--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PTEzMA--/http://media.zenfs.com/en_us/News/Reuters/2017-02-14T074530Z_1_LYNXMPED1D0GE_RTROPTP_2_ROLLS-ROYCE-HLDGS-RESULTS.JPG" width="130" height="86" alt="FILE PHOTO - Rolls Royce Trent XWB engines, designed specifically for the Airbus A350 family of aircraft, are seen on the assembly line at the Rolls Royce factory in Derby" align="left" title="FILE PHOTO - Rolls Royce Trent XWB engines, designed specifically for the Airbus A350 family of aircraft, are seen on the assembly line at the Rolls Royce factory in Derby" border="0" /></a>Rolls-Royce posted a record reported loss of 4.6 billion pounds ($5.8 billion) on Tuesday as a fine to settle bribery charges and the collapse in the pound from Brexit capped a difficult few years for the British aero engine maker. In restructuring mode following a string of profit warnings, Rolls said more costs needed to be taken out of the business after its 2016 profit fell by 49 percent to 813 million pounds on an underlying basis - an outcome that did, however, exceed analysts' expectations. The group said it would maintain, rather than raise, its final dividend in order to retain a degree of financial flexibility.</p><br clear="all"/>
 
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