easyJet narrows half-year loss as revenue rises
13th May 2014 07:02
easyJet narrowed its half-year loss as revenue rose on the back of an increase in capacity and passenger numbers and lower than expected costs. The European airline posted a loss before tax of £53m in the six months to March 31st 2014, down 13.6% on the prior year. Total revenue increased 6.3% to £
Read moreLondon close: Miners drive FTSE higher
12th May 2014 16:59
- FTSE closes up 37.18 points - Miners rise on JPMorgan Chase - CBI ups outlook for GDP techMARK 2,794.57 +0.44% FTSE 100 6,851.75 +0.55% FTSE 250 15,981.35 +0.61% Miners lifted the FTSE firmly higher today, getting the week off to a positive start despite the latest developments in Eastern Europe
Read moreTuesday preview: easyJet and TUI Travel release interims
12th May 2014 15:35
easyJet is expected to release a positive update when it releases its interims on Tuesday. Numis predicts the European airline will benefit from the structural changes taking place in short-haul aviation in the euro-area. "We further believe that EasyJet is well place to drive continued strong yi
Read moreFTSE 100 movers: Miners rise on JPMorgan comments
12th May 2014 15:20
Upbeat comments from JPMorgan Chase & Co and a good performance on Chinese markets overnight gave the mining sector a boost today. The US bank upgraded its rating for the European mining sector from 'underweight' to 'overweight' on the back of falling costs and improving demand from China. Rio Ti
Read moreSunday share tips: easyJet, Drax, Congyar
11th May 2014 12:54
Buy shares of easyJet, the Sunday Times's Danny Fortson advised in his Inside the City column. Rival budget airline Ryanair is playing catch-up on the service front but easyJet has already gone up-market by making life easier for passengers and easyJet only competes with its Irish rival on about 5%
Read moreLondon close: Traders book profits ahead of key risk events
9th May 2014 16:59
- FTSE closes down 24.68 points at 6,814.57 - Permanent salaries grow at quickest since 2007 - Petrofac slumps - NIESR ups UK growth forecasts techMARK 2,782.32 -0.89% FTSE 100 6,814.57 -0.36% FTSE 250 15,885.21 -0.52% UK stocks ended the final session of the week in the red, weighed by Petrofac a
Read moreFTSE 100 movers: Petrofac dives on profit warning
9th May 2014 15:08
Shares in oilfield services firm Petrofac have sunk more than 15 per cent today after the company warned on profits, saying its bottom line in 2014 is likely to weaken due to lower-than-expected earnings from its IES division. The company, which had previous guided to 'flat to modest growth' in net
Read moreeasyJet plans to introduce drones to inspect fleet
7th May 2014 18:43
Budget airline easyJet is developing unmanned drone aircraft to inspect its fleet faster and more accurately. Inspections, which can take more than a day when conducted by humans, could be limited to "a couple of hours" using the drones, easyJet said. The Luton-based group said on Wednesday it was
Read moreLondon close: Stocks nearly flat after Putin and OSCE Chairman meet
7th May 2014 16:59
- FTSE closes down 2.12 points at 6,796.44 - Kantar data pushes supermarkets lower - Ukraine situation eases slightly techMARK 2,790.92 -0.04% FTSE 100 6,796.44 -0.03% FTSE 250 15,881.95 -0.36% UK markets ended today's session broadly flat as investors digested a raft of corporate updates, poor re
Read moreFTSE 100 movers: Experian leads downside, ex-divi stocks weigh
7th May 2014 15:31
Experian disappointed with its outlook statement as it said it faces 'a number of one-off headwinds' that will constrain growth in the first half. After going ex-dividend, Morrison led the supermarket sector lower, dragged further into the red by a report from Kantar which showed industry growth i
Read moreeasyJet passengers rise by a 10th in April
7th May 2014 07:34
Budget airline easyJet carried a 10th more passengers last month than in April 2013 as late Easter getaways boosted bookings. The Luton airport-based carrier said passenger numbers rose 10.2% to 5.8m, while its load factor - a measure of how full its aircraft were - increased 3.1 percentage points
Read moreLondon open: Stocks pull back from seven-week high on Ukraine crisis
25th Apr 2014 08:35
- Ukraine-Russia tensions continue to rise - William Hill, Pearson and WPP impress with updates - Tullow drops after abandoning well techMARK 2,746.73 -0.48% FTSE 100 6,682.14 -0.31% FTSE 250 15,946.28 -0.28% UK markets retreated from a seven-week high on Friday morning as rising tensions between
Read moreFTSE 100 movers: AstraZeneca leads after revenue beats expectations
24th Apr 2014 14:33
AstraZeneca rose on the back of better-than-expected revenue growth of three per cent in the first quarter, driven by the pharmaceutical company's diabetes franchise. Shares were up despite earnings falling more than expected. AstraZeneca's share price surged earlier this week on speculation it coul
Read moreLondon close: Stocks rise despite tensions in Ukraine
14th Apr 2014 16:59
- FTSE closes up 22.06 at 6,583.76 - Tensions in Eastern Europe provide drag - BP a notable faller - US retail sales beat expectations techMARK 2,642.52 -1.03% FTSE 100 6,583.76 +0.34% FTSE 250 15,702.42 -1.23% UK stocks managed to finish in positive territory despite growing tensions in Eastern
Read moreFTSE 100 movers: Supermarkets, miners lead, airlines fly lower
14th Apr 2014 15:09
Sainsbury was a strong riser as it recovered from last week's news that it had lost some of its market share to the likes of discount stores Lidl and Aldi. Sector peer Tesco was also making decent gains after it was reported the company is planning to launch its F&F range in the US. Other stocks
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