London midday: Stocks surge on Greek deal hopes, but uncertainties remain
1st Jul 2015 12:07
Decent gains in the banking and travel sectors gave UK stocks a boost on Wednesday as sentiment was buoyed by hopes of a possible bailout deal in Greece. According to reports, Greek Prime Minister Alexis Tsipras will accept all his creditors' bailout conditions that were on the table last weekend, w
Read moreFTSE 100 movers: Travel stocks rebound, but supermarkets dip on Kantar data
30th Jun 2015 13:06
UK stocks extended losses on Tuesday, as the recovery in travel stocks was offset by weakness in supermarkets and miners. As of 14:30 BST, the FTSE 100 was trading 0.6% lower at 6,583. Travel stocks including TUI, Easyjet and IAG rebounded from Monday's losses, which followed disruption to tourism
Read moreLondon close: FTSE sinks to five-month low as final act of Greek drama unfolds
29th Jun 2015 16:54
Heavy falls in the travel, tourism and financial sectors prompted a 2% plunge on the FTSE 100 on Monday as investor sentiment was hammered by concerns about the future of Greece and the wider Eurozone. The FTSE 100 finished 133.22 points lower (-1.97%) at 6,620.48 by the end of the session, its lowe
Read moreFTSE 100 movers: Financials and travel stocks plunge, gold miners higher
29th Jun 2015 13:19
UK markets plummeted on Monday, as Greece closed its banks and called a public vote to determine its future within the Eurozone. With just seven stocks on the FTSE 100 in positive territory, the UK index was down 1.5% at 6,655 as of 14:30 BST. Travel tour operator TUI dropped sharply as investors e
Read moreLondon midday: Stocks slide as Greece shuts banks, calls referendum
29th Jun 2015 11:33
UK stocks slid sharply on Monday after Greece shut its banks and called a public vote to decide the fate of its future within the Eurozone. With just three stocks on the FTSE 100 in positive territory, the UK index was down 1.63% at 6,643.30 by midday. The index had dropped to a low of 6,598.64 earl
Read moreeasyJet strengthens its Italian strategy
18th Jun 2015 13:18
easyJet said on Thursday that it is strengthening its Italian strategy by expanding its bases at Milan Malpensa and Naples and opening a new base in Venice. Milan Malpensa is already easyJet's second largest base with 18 aircraft and will receive three more from April 2016, providing over 100 new jo
Read moreThursday newspaper round-up: Federal Reserve, Airline strikes, AT&T
18th Jun 2015 07:03
The Federal Reserve is still expected to raise interest rates this year but lowered its GDP growth forecast for this year to 1.8% from 2% initially, The Telegraph writes. IAG, Easyjet, Ryanair, Air France-KLM and Lufthansa have united to demand action from the EU to avert summer travel chaos caused
Read moreLondon close: FTSE 100 drops to three-month low after Greek talks collapse
15th Jun 2015 16:28
UK stocks dropped over one per cent to a three-month low on Monday as concerns about a potential Greek exit from the Eurozone hammered market sentiment. The FTSE 100 fell 1.1% to 6,710.52, with heavyweights Easyjet and Standard Chartered among the worst performers by the end of trade. Just four stoc
Read moreFTSE 100 movers: Standard Chartered hit by dividend cut speculation, Easyjet downgraded
15th Jun 2015 13:26
London stocks plunged towards three month lows on Monday, as investors nervously anticipated further details of a fed rate hike on Wednesday and Greece's negotiations with its creditors collapsed abruptly. At 1500 BST, the FTSE 250 was trading 0.9% lower at 6.724. Shares in Standard Chartered dropp
Read moreLondon midday: Easyjet, StanChart lead UK stocks lower as Greek fears increase
15th Jun 2015 11:34
UK stocks dropped sharply on Monday, with the FTSE 100 on track for its lowest finish in three months, as debt talks between Greece and its creditors collapsed abruptly. The FTSE 100 was trading 0.74% lower at 6,734.97 by midday, with Easyjet and Standard Chartered providing a drag. The index has no
Read moreBroker tips: Easyjet, NMC Health, Diageo
15th Jun 2015 11:13
Shares in budget airline easyJet fell on Monday after RBC Capital Markets downgraded the stock to 'underperform' from 'outperform' and cut its price target to 1,500p from 2,000p, noting that its positive outlook for summer has proved incorrect. It said that easyJet's outlook metrics suggest a summer
Read moreEasyJet shares fall after RBC downgrade to 'underperform'
15th Jun 2015 09:47
Shares in budget airline easyJet fell on Monday after RBC Capital Markets downgraded the stock to 'underperform' from 'outperform' and cut its price target to 1,500p from 2,000p, noting that its positive outlook for summer has proved incorrect. It said that easyJet's outlook metrics suggest a summer
Read moreLondon open: FTSE 100 nears three-month low as Greek talks collapse
15th Jun 2015 08:44
A collapse in Greek debt talks hit UK stocks on Monday morning, putting the FTSE 100 on track for its lowest finish in three months. The FTSE 100 was trading 0.69% lower at 6,738.21 early on; it has not closed below this level since 11 March when it settled at 6,721.51. Markets across Europe were f
Read moreMonday broker round-up
8th Jun 2015 08:04
Shire: Deutsche Bank reiterates buy recommendation and 6,000p target. Bellway: Deutsche Bank stays at hold with a 2,326p target price, Citi reiterates buy. Halfords: Deustche Bank remains at hold and ups target to 480p from 460p. Churchill Mining: Northland initiates coverage at 'speculative buy'.
Read moreLondon midday: Bond jitters weigh on stocks
4th Jun 2015 11:54
UK stocks edged lower following recent volatility in sovereign debt markets and amid mixed reports on the progress made at a meeting between Greek Prime Minister Alexis Tsipras and the head of the European Commission, Jean Claude Juncker. As of 12:21 the FTSE 100 was lower by 95.23 points to 6,855.2
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