EasyJet flies higher as it lifts full-year profit guidance after record August
3rd Sep 2015 07:40
(ShareCast News) - Shares in EasyJet surged after the budget airline lifted its full-year profit guidance as it said record passenger numbers in August offset higher costs. The airline now expects pre-tax profit for the year to the end of September to be between £675m and £700m, up from a previous r
Read moreFTSE 100 movers: Easyjet falls as Greece, Asia worries drag index lower
21st Aug 2015 13:54
(ShareCast News) - The FTSE 100 fell 1.6% as political turmoil in Greece and further falls in Asia drove the sell off. The index blue-chip shares was down 103.8 points to 6,264 at 1435 BST. Pharmaceuticals firm Shire led the fallers, down 4% while Easyjet flew 3.4% lower. Standard Chartered shares
Read moreFTSE 100 movers: Anglo American, BHP lead fallers
18th Aug 2015 14:31
(ShareCast News) - The FTSE 100 was down 23 points, or 0.35%, to 6,527. Shares fell as a rise in inflation heightened the debate on whether the Bank of England would lift rates as early as this year. Inflation rose by just 0.1% in July compared with expectations of a zero reading. On the stock marke
Read moreeasyJet traffic takes off in July
6th Aug 2015 08:00
(ShareCast News) - Budget airline easyJet saw an increase in the number of passengers it carried in July, the company said on Thursday. In a short statement, the carrier reported a 9.4% increase year-on-year in the number of passengers it carried in July, as a total of 7.036m travellers boarded easy
Read moreSector movers: Financials, miners and airlines lead London market higher
5th Aug 2015 16:03
(ShareCast News) - Financial stocks and miners led the London market higher on Wednesday, as improved economic data from China buoyed the market. The FTSE 100 closed up 0.98% or 65.84 points at 6752.41, while the FTSE 250 ended up 0.23% or 40.65 points at 17775.08 on a bounceback from miners as shor
Read moreFTSE 100 movers: StanChart, miners and Tesco lift index
5th Aug 2015 15:58
(ShareCast News) - The FTSE 100 was generally on the up through most of Wednesday's session, with some well-received financial results accompanied by a mining sector bounce. London's blue chip index was ahead by 0.78% at 6,738.50 points at 1616 BST, with BHP Billiton and Rio Tinto leading the pack t
Read moreLondon close: Losses in tech space, commodity weakness weigh on Footsie
22nd Jul 2015 18:21
(ShareCast News) - Weak guidance and earnings from global tech giants Apple and Microsoft together with renewed heavy falls in the commodity space dragged on the top flight index. The FTSE 100 skidded lower by a hefty 1.5% or 101.73 points to reach 6,667.34, while the FTSE 250 ended the session down
Read moreFTSE 100 movers: Easyjet soars on higher earnings outlook, insurers extend gains
22nd Jul 2015 14:40
(ShareCast News) - London markets edged lower on Wednesday after the Bank of England's rate-setting meeting had investors fretting about inflation risks. As of 15:00, the FTSE 100 was trading 1.4% lower at 6,672. Leading the fallers was ARM Holdings, which dropped after the chip maker reported seco
Read moreEasyjet shares rise on expected profit increase
22nd Jul 2015 08:26
(ShareCast News) - Easyjet shares were up 4.62% after the company said second half sales would spur a gain in full year earnings. The budget airline delivered mixed results in its third quarter update, reporting revenues down while passenger numbers were up. Total revenue was down 1% to £1.228m, co
Read moreLondon midday: Rolls-Royce, commodity stocks lead FTSE lower after Greek 'no' vote
6th Jul 2015 11:41
UK stocks declined on Monday after the Greeks voted a resounding 'no' to creditors' bailout proposals, pushing the country closer to a possible exit from the Eurozone. Nevertheless, while stock markets across Europe were suffering steep losses - German, Spanish and French shares were down 1.3-1.8% w
Read moreLondon open: Stocks slump as Greece votes 'no', Rolls-Royce sinks after profit warning
6th Jul 2015 09:08
UK stocks slumped into the red on Monday morning after the Greek public pushed the country into unchartered territory by voting a resounding 'no' to creditors' bailout proposals. Some 61.3% of the Greeks voted 'no' against 38.7% who voted 'yes'. "Considering that creditors insisted that [the refere
Read moreLondon pre-open: Sell-off expected after Greeks vote 'no' in referendum
6th Jul 2015 07:40
UK stocks are expected to plunge on Monday morning after the Greek public backed the government's rejection of bailout proposals with a resounding 'no' vote in Sunday's referendum. Some 61.3% of the Greeks voted 'no' against 38.7% who voted 'yes', pushing the nation into unchartered territory in its
Read moreEasyJet passenger numbers rise in June
6th Jul 2015 07:13
Budget airline easyJet said on Monday that it carried 6.56m passengers in June of this year, nearly 8% more than in the same month last year. The load factor, which measures how full the plane is, was 92.7%, up just a touch from 92%. In the rolling 12 months ending June 2015, the airline carried 67
Read moreLondon close: Stocks rebound as investors digest Greek rumours
1st Jul 2015 16:19
UK stocks bounced strongly on Wednesday after hitting a new five-month low the previous day as investors continued to digest the latest news flow from Greece, after Athens became the first developed economy to default on a debt repayment to the IMF. The FTSE 100, which settled at its lowest since 12
Read moreFTSE 100 movers: Travel and banking stocks surge, miners decline
1st Jul 2015 13:05
London markets were buoyed by strength in the travel and banking sectors, which offset weakness in mining and oil stocks. As of 14:30 BST, the FTSE 100 was trading 1.5% higher at 6,617. Travel and leisure stocks including Easyjet, IAG, TUI and IHG rebounded after a recent sell-off. The sector had b
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