Rolls Royce Plunges On Bombshell Profit Warning, Dividend Review; Faces "Near Death Experience"
November 12, 2015 at 10:32 AM EST
You’d think that with balance sheets full of cash, record high stock prices, and a record low cost of capital, executives could afford to splurge on a private jet or two, but apparently, the outlook isn’t looking good for 2016.