S&P takes Easyjet of CreditWatch, reaffirms long-term debt at BBB- with 'negative' outlook
25th Sep 2020 14:00
(Sharecast News) - Analysts at Standard&Poor's reaffirmed their rating on Easyjet's long-term debt, removing it from CreditWatch, but cautioned that the budget airline's risk metrics would remain under "considerable pressure" over the next few quarters due to the heightened uncertainty around the pandemic and economic recession.
Read moreCiti cuts price target for easyJet
22nd Sep 2020 14:10
(Sharecast News) - Citigroup has slashed its price target for easyJet as it reduced full-year forecasts for the low-cost carrier.
Read moreEasyJet hires TUI's Kenton Jarvis as next CFO
18th Sep 2020 07:30
(Sharecast News) - EasyJet has hired Kenton Jarvis from TUI as its next finance director as the budget airline seeks to cut costs and recover from the worst of the Covid-19 crisis.
Read moreMadrid may tighten mobility restrictions, Bank of Spain cuts GDP forecasts
16th Sep 2020 13:23
(Sharecast News) - The regional government of Madrid appears set to tighten mobility restrictions in several of the districts and suburbs witnessing the most rapid increases in Covid-19 infections.
Read moreTuesday broker round-up
15th Sep 2020 13:47
(Sharecast News) - Glencore: RBC Capital Markets upgrades to outperform with a target price of 240.0p
Read moreWednesday broker round-up
9th Sep 2020 13:11
(Sharecast News) - Ocado Group: Berenberg reiterates buy with a target price of 2,420.0p.
Read moreRyanair cuts annual passenger target as it 'writes off' winter
9th Sep 2020 10:22
(Sharecast News) - Ryanair boss Michael O'Leary has said the approaching winter season will be a "write off" as the low-cost airline cut its annual passenger target for the second time.
Read moreSector movers: Oil stocks slip as risk aversion sweeps across energy space
8th Sep 2020 16:19
(Sharecast News) - Oil related stocks were the main drag on London listed stocks on Tuesday, as the sell-off in technology shares Stateside fed into other risk assets, including commodities.
Read moreSpain calls for harmonisation of travel restrictions
8th Sep 2020 08:33
(Sharecast News) - Spanish foreign minister Arantxa González Laya called for the harmonisation of European travel measures on Tuesday to limit problems for tourists and tourism operators during the pandemic.
Read moreEasyJet cuts capacity as Covid-19 measures hit demand
8th Sep 2020 07:34
(Sharecast News) - UK budget airline easyJet said it was cutting its flying schedule as changing government travel restrictions and coronavirus quarantine measures continued to hit demand.
Read moreChinese owner plans Thomas Cook revival
7th Sep 2020 12:51
(Sharecast News) - Travel company Thomas Cook could be relaunched in the near future as reports claim its Chinese owner is planning a revival of the name.
Read moreUS CDC tells states to be ready to large-scale vaccination by 1 November
3rd Sep 2020 12:37
(Sharecast News) - America's Centers for Disease Control and Prevention in Atlanta has told state governments to make preparations for the large-scale distribution of a Covid-19 vaccine.
Read moreEurope midday: Stocks up on France stimulus news, CDC vaccine plans
3rd Sep 2020 12:15
(Sharecast News) - Stocks are holding higher on the back of news of Paris and Berlin's fiscal stimulus plans and US health officials' announcement that states should be ready to distribute a Covid-19 vaccine from 1 November.
Read moreTourism collapse could cost UK economy £22bn - report
26th Aug 2020 09:48
(Sharecast News) - A collapse in tourism during the Covid-19 pandemic could cost the UK economy £22bn putting almost 3m jobs at risk, a report estimates.
Read moreWizz Air wants to expand Gatwick base with more slots
25th Aug 2020 11:47
(Sharecast News) - Wizz Air wants to expand its new base at Gatwick airport to 20 planes from a starting point of one within a year if it can obtain enough takeoff and landing slots, the company's boss said.
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