FTSE 100 movers: TUI rises after broker upgrade
18th Sep 2014 16:07
TUI Travel was a strong performer on Thursday thanks to an upgrade from Morgan Stanley to 'overweight' following its merger with TUI AG. Scotland-based businesses such as RBS, Lloyds, Standard Life and Aberdeen Asset Management were among the best performers as investors readied themselves for th
Read moreBroker tips: Easyjet, Diageo, Booker
18th Sep 2014 11:47
Numis Securities repeated its 'buy' rating for Easyjet on Thursday, hailing the budget airline's decision to lift its dividend payout ratio and order 27 new planes from Airbus. "We believe that the dividend hike, promise of further returns of cash to shareholders and the aircraft option exercise pro
Read moreLondon midday: Scottish stocks lead gains ahead of crucial referendum
18th Sep 2014 11:43
After a slow start, London stocks advanced on Thursday with the FTSE 100 bouncing off its lowest levels in nearly a month, as companies based north of the border advanced with the focus firmly on the Scottish referendum. The benchmark Footsie index was trading 0.4% higher at 6,811 by noon. Three str
Read moreNumis hails new Easyjet divi policy, Airbus order
18th Sep 2014 10:40
Numis Securities repeated its 'buy' rating for Easyjet on Thursday, hailing the budget airline's decision to lift its dividend payout ratio and order 27 new planes from Airbus. Easyjet announced that it will return 40% of its profits to shareholders from the financial year ending 30 September, up fr
Read moreLondon open: FTSE fluctuates at one-month low as markets await Scottish vote
18th Sep 2014 08:31
UK stocks opened broadly flat on Thursday as investors digested comments from the Federal Reserve and showed caution ahead of the Scottish referendum. London's FTSE 100 was down 0.06% at 6,777 in early deals, fluctuating at its lowest levels in nearly a month. The index closed the previous session a
Read moreLondon pre-open: Stocks expected to gain after Fed meeting, ahead of Scottish vote
18th Sep 2014 07:48
UK stocks look set to gain early on in Thursday's session, ahead of the much-debated vote on Scottish independence and following the conclusion of the latest Fed meeting the previous day. Overnight, both US and Asian stocks delivered gains, which are expected to help drive the FTSE 100 around 18 poi
Read moreEasyjet lifts payout ratio, buys 27 new Airbus A320s
17th Sep 2014 09:40
Budget airline Easyjet has decided to increase its payout ratio and said it will return 40% of its profits to shareholders this year. Previously, the company's policy was for its ordinary dividend to equal one third of profit after tax. Management took the decision "in light of the continued strong
Read moreLondon close: FTSE ends with modest rise after ECB, BoE, US data
4th Sep 2014 16:59
The FTSE ended Thursday's session up 4.39 points following a busy day for investors around the globe, with rate decisions unveiled by both the Bank of England (BoE) and European Central Bank (ECB)The BoE's Monetary Policy Committee (MPC) decided to keep its main policy rate and the size of its asset
Read moreFTSE 100 movers: Standard Life soars as BP dives on judge ruling
4th Sep 2014 16:38
Standard Life surged after saying that it has agreed to sell its Canadian operations for C$4bn (£2.2bn) to Manulife Financial and would return £1.75bn of this to shareholders. The two companies also made a collaboration agreement in principle for Manulife to distribute Standard Life Investments' pro
Read moreLondon midday: Gains limited as investors await ECB meeting, Draghi
4th Sep 2014 12:09
- Draghi in focus as ECB decides on policy - BoE holds rates, global data ahead - Standard Life surges after Canadian deal - EasyJet, Supergroup and Go-Ahead rise techMARK 2,868.07 +0.03% FTSE 100 6,888.35 +0.21% FTSE 250 15,960.26 -0.20% UK market were rangebound on Thursday morning, fluctuating
Read moreLondon open: Standard Life leads UK stocks higher, but gains limited ahead of ECB
4th Sep 2014 09:00
- Expectations high ahead of ECB meeting - BoE decision and global economic data also in focus - Standard Life surges on cash return news - FTSE 100 nears 14-year and record intraday high techMARK 2,868.54 +0.04% FTSE 100 6,881.13 +0.11% FTSE 250 15,977.67 -0.09% UK stocks were close to a 14-year
Read moreEasyjet sees passenger numbers rise 8.4% in August
4th Sep 2014 07:47
Budget airline Easyjet saw annual traffic growth pick up slightly in August, with passenger numbers up 8.4% on the year before. The number of passengers, measured by the number of earned seats flown, totalled 6.61m last month, up from 6.10m in August 2013. Annual passenger growth in July was 7.7%.
Read moreBwin.party CEO and chairman show support after losses widen
29th Aug 2014 17:16
Purchases were made by both the chief executive officer and chairman of Bwin.party on Friday after the online gaming group posted wider first half losses. Chief executive Norbert Teufelberger acquired £206,203-worth of shares, paying 82.48p for each of the 250,000 shares. Chairman Philip Yea boug
Read moreRecent airline sell-off could limit fallout from Icelandic volcano - Cantor
20th Aug 2014 13:19
The European listed airline and travel sector is likely to be weak on the back of potential flight disruption from volcanic activity in Iceland, according to analyst Robin Byde from Cantor Fitzgerald, but the recent sector sell-off means there will not be much altitude lost. His comments came after
Read moreLondon midday: Stocks erase losses to trade flat amid geopolitical developments
12th Aug 2014 12:10
- Markets trim losses to finish flat - Geopolitics in focus with aid on its way to Ukraine - German ZEW survey disappoints - Prudential, Just Eat, Ladbrokes and Serco rise after results techMARK 2,726.95 -0.02% FTSE 100 6,630.32 -0.04% FTSE 250 15,498.56 +0.24% UK stocks had clawed back losses and
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