EasyJet boss supports tightening airport security after Metrojet crash
10th Nov 2015 12:57
(ShareCast News) - Airport security needs to be tightened around the world, easyJet chief executive Carolyn McCall told BBC News' Kamal Ahmed. The interview was her first since Metrojet Flight 9268 from Sharm el-Sheikh crashed over a week ago, leaving 224 people dead. It's believed a bomb brought d
Read moreThousands of tourists trapped at Sharm El-Sheikh, Thomas Cook drops
5th Nov 2015 15:32
(ShareCast News) - Thousands of tourists were stranded at the resort town of Sharm El-Sheikh after the government asked that all flights departing from the UK to and from the holiday destination be delayed until British aviation experts could assess the security arrangements at the Egyptian airport.
Read moreeasyJet sees 10% year-on-year increase in passenger numbers
5th Nov 2015 07:55
(ShareCast News) - easyJet had nearly 6.4m passengers booked on its flights in October. The FTSE 100 budget airline posted its latest passenger statistics on Thursday. The statistics showed an increase of 9.7% compared to the number of seats booked in the same month last year, but a 3.2% decrease o
Read moreFTSE 100 movers: Travis Perkins builds gains; Hikma slumps on generics business
2nd Nov 2015 14:21
(ShareCast News) - London's FTSE 100 was down 0.1% to 6,355.80 at 1445 GMT, as investors weighed up mixed Chinese manufacturing data against better-than-expected UK factory data, with broker notes providing much of the action. Hikma Pharmaceuticals slumped after lowering its guidance for the generic
Read moreBroker tips: RBS, easyJet, IAG, Serco
2nd Nov 2015 13:21
(ShareCast News) - Exane BNP Paribas upgraded Royal Bank of Scotland to 'outperform' from 'neutral' and lifted the price target to 370p from 360p.Over the last year, the bank has maintained a relatively cautious investment stance on RBS. Over the last year, the bank has maintained a relatively cauti
Read moreMonday broker round-up
2nd Nov 2015 13:20
(ShareCast News) - Crest Nicholson Holdings: JP Morgan Cazenove upgrades to overweight, raises target price to 650.00p. Lancashire Holdings Limited: Citigroup downgrades to neutral. Target price: 675.00p. Easyjet: HSBC downgrades to reduce. Target price: 1600.00p. Barratt Developments: JP Morgan C
Read moreHSBC grounds EasyJet and IAG
2nd Nov 2015 09:40
(ShareCast News) - HSBC downgraded EasyJet to 'reduce' from 'hold' and cut the price target to 1,600p from 1,800p. The bank said EasyJet is an excellent business and has traded very well this summer. However, it expects increasing unit revenue pressure from accelerating capacity growth into winter 2
Read moreFTSE 100 movers: Miners move up while airlines skydive
7th Oct 2015 13:44
(ShareCast News) - The FTSE 100 was up 41.13 points (0.65%) to 6,367.29 by mid-afternoon Wednesday. Mining stocks, specifically Anglo American, Rio Tinto and BHP Billiton drove the market higher on the back of Morgan Stanley upgrading its stance on all three stocks. The investment firm also lifted
Read moreEuropean airline stocks hit by oil prices, Credit Suisse downgrade
7th Oct 2015 10:24
(ShareCast News) - European airline stocks fell sharply on Wednesday, dragged lower by rising oil prices and a downgrade by Credit Suisse. "We can see the close correlation between airlines and the oil price, with much of their recent outperformance resulting from the renewed weakness in the oil pri
Read moreLondon open: Mining shares lift equities higher
7th Oct 2015 08:29
(ShareCast News) - London stocks advanced on Wednesday, lifted higher by mining shares as metal prices rose. Anglo American, Rio Tinto and BHP Billiton topped the FTSE 100 in morning trade as the price of gold and copper jumped on the Comex. SABMiller was also on the front foot, reversing the previ
Read moreLondon close: Stocks end higher as miners and oil producers rally
6th Oct 2015 16:05
(ShareCast News) - The FTSE reversed an earlier decline on Tuesday to end higher, led by mining and energy producers as oil and base metal prices rallied. Oil producers Royal Dutch Shell, BP and BG Group were among the top risers as Brent crude and West Texas Immediate jumped 4% to $51.34 per barrel
Read moreLondon pre-open: Stocks seen higher as hopes of loose monetary policy underpin sentiment
6th Oct 2015 07:43
(ShareCast News) - Stocks in London are expected to post modest gains at the open as the prospect of loose monetary policy continues to underpin sentiment. The FTSE 100 index is seen opening up 24 points at 6323. On the macroeconomic front, there are no major UK data releases due, but eyes will be
Read moreEasyjet September passenger numbers and load factor rise
6th Oct 2015 07:04
(ShareCast News) - Low-cost airline EasyJet's September passenger numbers grew 7.6% from the same month last year to 6.61m. The load factor, meanwhile, which measures how full the planes were, rose 0.9 percentage point from last year to 93.1%. On a rolling 12-month basis, passenger numbers were up
Read moreFTSE 100 movers: Airlines up after Morgan Stanley review, only RSA drops
23rd Sep 2015 14:11
(ShareCast News) - It has been a positive day for the FTSE100, regaining 129.31 points (2.18%) on Wednesday to 6,065.15 after Tuesday's massive falls. International Consolidated Airlines Group was the biggest riser, up 4.85% after Morgan Stanley said the company "moves to our top 'overweight' pick i
Read moreFTSE 100 movers: easyJet flies higher on profit guidance, Weir slips on demotion
3rd Sep 2015 12:40
(ShareCast News) - London's FTSE 100 was on the front foot Thursday, taking its cue from strength on Wall Street as the closure of Chinese markets provided investors with some much-needed respite. At 1305 BST, the top-flight index was up 1.4% at 6,165.81. Budget airline EasyJet flew higher after lif
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