London pre-open: All eyes trained on April US jobs report
6th May 2016 07:45
(ShareCast News) - Stocks in London are being called to start the day with slight losses as investors waited on this afternoon's US jobs report. The US jobs market is thought to be in good shape but the weaker-than-expected results of a private sector survey on hiring conditions released on 4 May ha
Read morePassenger numbers up, load factor down at easyJet in April
6th May 2016 07:16
(ShareCast News) - Passenger numbers grew at easyJet in April, by 6.1% to 6.37 million, the Luton-based low-cost carrier reported on Friday morning. Load factor - the ratio of passenger-kilometres travelled to seat-kilometres available - was down 0.4 percentage points over April last year, however,
Read moreFriday broker round-up
22nd Apr 2016 15:08
(ShareCast News) - Acacia Mining: Jefferies reiterates buy with a 390p target and Citigroup stays at neutral with a target price of 340p. ITV: UBS stays at sell with a 230p target. Easyjet: Credit Suisse keeps at outperform with a target price of 2137p. Lloyds: Deutsche Bank keeps at buy with a t
Read moreRBC mulls over reports of EasyJet bid for Monarch
18th Apr 2016 15:51
(ShareCast News) - EasyJet shares were flying higher on Monday following weekend press reports the budget airline is making a surprise takeover bid for rival Monarch. RBC Capital Markets Monarch's Gatwick slots would offer a potential opportunity for EasyJet if the company did not overpay. "If Easy
Read moreSunday newspaper round-up: AstraZeneca, Monarch Airlines, HSBC, Opec deal
17th Apr 2016 16:53
(ShareCast News) - AstraZeneca has held talks with US-based rival Medivation that could see it make a $10bn (£7bn) takeover bid, where it will battle France's Sanofi, which had a bid rejected last week, and others. Although oncology drug maker Medivation has been criticised for "price gouging" by Am
Read moreSocGen highlights 11 stocks that could benefit from Euro 2016
8th Apr 2016 14:03
(ShareCast News) - Ahead of the UEFA European Football Championship that kicks off in June, Societe Generale highlighted a selection of stocks that could benefit from the tournament. The matches, which will take place in France, are expected to attract more than 2.5m fans - around 1.5m foreign visit
Read moreLondon close: Stocks jump on gains in big pharma and rally in oil prices
6th Apr 2016 16:46
(ShareCast News) - London stocks advanced on Wednesday as oil prices regained strength and investors awaited the Federal Reserve's meeting minutes, which were due out later in the day. Oil prices rose, lifted by a 'bullish' report on the state of weekly US stockpiles of commercial crude. Hopes t
Read moreLondon pre-open: Stocks seen higher as investors eye FOMC minutes
6th Apr 2016 07:35
(ShareCast News) - London stocks were set for a firmer open on Wednesday as oil prices bounced back and investors awaited the release of the latest FOMC minutes. The FTSE 100 was seen opening 20 points higher than Tuesday's close at 6,111. Data out of China provided some encouraging news earlier, a
Read morePassenger numbers up, load factor down at easyJet
6th Apr 2016 07:07
(ShareCast News) - FTSE 100 low-cost carrier easyJet saw passenger numbers increase in March, but its load factor decreased as hundreds of flights were cancelled due to industrial action. A total of 5,728,114 passengers flew during the month, up 4.3% on a year earlier. On a rolling 12 month basis to
Read moreWednesday broker round-up
30th Mar 2016 14:53
(ShareCast News) - Inmarsat: Berenberg upgrades to hold with a target price of 890p. Next: Investec downgrades to sell, 5250p target, Jefferies reiterates hold with a target price of 5100p, JP Morgan stays at neutral with a target of 6370p and HSBC keeps at hold, 6260p target. Glaxosmithkline: Citi
Read moreTuesday broker round-up
29th Mar 2016 16:51
(ShareCast News) - Synthomer: Berenberg downgrades to hold with a target price of 345p. Next: Goldman Sachs downgrades to neutral, 6400p target, Canaccord downgrades to hold with a target price of 6025p, Deutsche Bank reiterates buy with a target of 6850p and Credit Suisse stays at underperform, 560
Read moreSector movers: Travel stocks hit in wake of Brussels attacks
22nd Mar 2016 15:49
(ShareCast News) - UK share indices were trading sideways on Tuesday after the Brussels terror attacks earlier in the day, which from an investment perspective hit travel companies especially hard. The FTSE 100 index however recovered from its earlier losses in the aftermath of reports emerging of
Read moreEuropean travel and leisure stocks slide as explosions rock Belgian capital
22nd Mar 2016 09:10
(ShareCast News) - European travel and leisure stocks were under the cosh on Tuesday following terror attacks in Brussels. At least 26 people were killed and others injured as suicide bombers launched twin attacks on Brussels' Zaventem airport and the city's Maalbeek metro station. Belgian broadcas
Read moreFastjet director resigns amid row with easyGroup
18th Mar 2016 15:44
(ShareCast News) - Fastjet's public spat with easyGroup led to the resignation of a board member late on Friday afternoon. After 1500 GMT, the Africa-based low cost airline announced Tim Ingram, easyGroup's representative on the board, had resigned with immediate effect. "The board has regrettably
Read moreCredit Suisse adds to overweight position on insurers
9th Mar 2016 12:14
(ShareCast News) - Credit Suisse on Wednesday reiterated its upbeat stance on the insurance sector, adding to its 'overweight' position and recommended investors on "sustainable" yield plays. However, the broker pointed out how the sector was "very sensitive" to credit spreads - which were pricing i
Read more