Airline carrier profits to soar as oil price benefits hit heights - IATA
2nd Jun 2016 10:31
(ShareCast News) - Profits in the airline industry are expected to take off this year as the benefits from low oil prices peak, according to the International Air Transport Association (IATA). For 2016, the organisation revised up its air industry profit outlook to rise for the fifth successive year
Read moreFTSE 100 movers: Financials, Big oil pace gains
25th May 2016 16:34
(ShareCast News) - Financials were again to be found near the top of the leaderboard on Wednesday with shares of 'big oil' firms nipping at their heels. According to an opinion poll conducted for the Evening Standard by Opinium, voters in London said they were overwhelmingly in favour of the UK stay
Read moreMonday broker round-up
23rd May 2016 18:04
(ShareCast News) - Royal Mail: RBC upgrades to sector perform with a 525p target. Weir: HSBC upgrades to buy with a 1450p target. Sports Direct: Goldman Sachs downgrades to neutral with a target price of 400p. Easyjet: Macquarie reiterates outperform with a target of 2100p. ICAP: Credit Suisse re
Read moreThursday newspaper share tips: Easyjet, Compass
12th May 2016 15:17
(ShareCast News) - The best is behind us in Easyjet shares as the cycle in the sector turns towards a typical phase of excess capacity, The Daily Telegraph's Questor column said. Increased capacity is naturally only a good thing if demand is growing just as quickly, otherwise it ends in tears as the
Read moreWednesday newspaper round-up: Saudi expansion, o2, Heathrow, Amazon
11th May 2016 07:23
(ShareCast News) - The boss of Saudi Arabia's state oil producer set out plans for expansion yesterday as he prepares for a potential $2 trillion flotation that will create the world's largest quoted company. Saudi Aramco, which has a monopoly on the country's vast oil reserves, is set to further bo
Read moreTuesday broker round-up
10th May 2016 15:38
(ShareCast News) - Foxtons: Citigroup upgrades to neutral with a 140p target. RBS: HBSC retains hold with a 240p target. Croda: JP Morgan keeps at overweight with a 3314p target. Aberdeen Asset Management: Goldman Sachs reiterates neutral with a target of 294p. Bovis Homes: Canaccord reiterates b
Read moreEasyJet swings to loss on effects of terrorism and currencies
10th May 2016 07:11
(ShareCast News) - Low-cost carrier easyJet swung to a loss in its half-year numbers on Tuesday, reporting a loss before tax of £24m for the six months to 31 March, against a £7m profit a year earlier. The Luton-based FTSE 100 firm saw total revenue grow 0.3% over the same period, to £1.771bn from £
Read moreLondon pre-open: Iron ore steady, miners lower
10th May 2016 07:01
(ShareCast News) - Britain's top flight index is being called to slightly higher on the back of slightly stronger-than-expected inflation data out of China overnight, although miners were again under pressure in Sydney after another tumble for iron ore futures. The Footsie is seen rising by 26 point
Read moreMonday broker round-up
9th May 2016 15:26
(ShareCast News) - Easyjet: RBC upgrades to outperform with a 1500p target. Restaurant Group: UBS downgrades to neutral with a 305p target. Burberry: Barclays keeps at equal-weight with a 305p target. Smith & Nephew: Berenberg reiterates buy with a target of 1300p and Barclays stays at overweight
Read moreFTSE 100 movers: Forecasts lift TUI while iron send miners plunging
9th May 2016 14:31
(ShareCast News) - The FTSE 100 was just above the waterline in afternoon trading on Monday, having retraced earlier gains as oil prices slipped back. Two major players in the travel sector featured highly in the risers, with TUI surging ahead of its half-year results on Wednesday. The tour operato
Read moreTuesday preview: EasyJet to report first half loss, analysts estimate
9th May 2016 12:51
(ShareCast News) - EasyJet is expected to report a half year loss, reflecting the impact of terrorist attacks in Europe and foreign exchange headwinds. Terrorist attacks in Egypt and Paris deterred travellers in the first quarter, with the airliner reporting a 3.7% drop in revenue per seat during th
Read moreBroker tips: EasyJet, Restaurant Group, Tullow Oil
9th May 2016 12:35
(ShareCast News) - RBC Capital Markets upgraded EasyJet to 'outperform' from 'underperform' and lifted the price target to 1,500p from 1,450p. It said the drop in the shares - which are down 16% versus the FTSE 100 year-to-date - is a good entry point. "We now see a window opening in easyJet shares
Read moreRBC upgrades easyJet to 'outperform' citing good entry point
9th May 2016 09:12
(ShareCast News) - RBC Capital Markets upgraded EasyJet to 'outperform' from 'underperform' and lifted the price target to 1,500p from 1,450p. It said the drop in the shares - which are down 16% versus the FTSE 100 year-to-date - is a good entry point. "We now see a window opening in easyJet shares
Read moreMonday newspaper round-up: Oil prices, UK auto, Royal Mail, Saudi
9th May 2016 06:29
(ShareCast News) - Oil prices climbed more than 2% on Monday morning in Asia as traders weighed the impact of wildfires continuing to rage in Canada's top oil-producing province and a change at the top in Saudi Arabia's energy ministry. Brent crude, the international benchmark, rose as much as 2.5 p
Read moreFriday broker round-up
6th May 2016 14:34
(ShareCast News) - Man Group: Citigroup downgrades to sell with a 120p target. Royal Mail: Jefferies reiterates underperform with a 400p target. Easyjet: JP Morgan keeps at overweight with a 1900p target. IMI: Societe Generale reiterates hold with a target of 920p and JP Morgan stays at neutral wi
Read more