easyJet shares to 'pause for breath', says Panmure
28th Mar 2014 11:29
Panmure Gordon has raised its earnings forecasts for easyJet after an 'encouraging' trading update from the budget airline this week, but has left its 'hold' rating and 1,800p target price for the stock unchanged. While it remains "hugely optimistic" about easyJet's long-term prospects, the broker
Read moreWednesday broker round-up UPDATE
26th Mar 2014 08:51
Aberdeen Asset Management: Citi reduces target price from 455p to 390p and stays with its neutral rating. Acta: Cantor Fitzgerald places both its target price (prev.: 16p) and its buy recommendation under review. Alliance Pharma: Numis shifts target price from 38p to 39p upgrading to add. APR Ene
Read moreFTSE 100 movers: Kingfishers climbs on cash return plans
25th Mar 2014 15:21
Kingfisher, Europe's largest home improvement retailer, rose strongly after it said it would return 200m pounds to shareholders this year and expand into new markets after profits improved by a tenth in the 12 months ended February 1st. The company, which owns B&Q and Screwfix in the UK, said it wou
Read moreBroker tips: Royal Mail, Wolseley, easyJet...
25th Mar 2014 12:07
Shore Capital has kept a 'buy' stance on postal services group Royal Mail after the company announced redundancies as part of its so-called 'Efficiency Programme'. Shore Capital Analyst Robin Speakman said: "We believe that the context on of these additional redundancies should be noted, being amo
Read moreLondon midday: Stocks rebound from seven-week low as blue chips jump
25th Mar 2014 11:35
- Kingfisher, easyJet, Wolseley, RSA, Anglo rise strongly - Royal Mail falls after job cut plans - Miners rise on Chinese stimulus hopes - Economic data, Ukraine in focus techMARK 2,775.13 +0.77% FTSE 100 6,597.81 +1.19% FTSE 250 16,115.48 +0.60% Strong gains from a number of blue chips gave UK ma
Read moreCredit Suisse ups target on 'multi-year value proposition' easyJet
25th Mar 2014 10:56
Analysts at Credit Suisse have lifted their price target on shares of easyJet to 2,021p from 1,988p following today´s pre-close trading update and improved guidance for the first half of 2014 from the budget airline, while reiterating their 'outperform' recommendation on the shares. Significantly,
Read moreLondon open: Stocks surge ahead of data, corporate earnings impress
25th Mar 2014 08:26
- Kingfisher, easyJet, 888 and RSA rise early on - UK inflation expected to ease - US economic data in focus later on - Russia out of G8, threaten more sanctions techMARK 2,777.09 +0.84% FTSE 100 6,579.14 +0.90% FTSE 250 16,121.26 +0.64% UK stocks surged on Tuesday morning ahead of a barrage of e
Read moreLondon pre-open: FTSE set for positive start after recent declines
25th Mar 2014 07:42
The City is poised for a modest rise this morning, ignoring a disappointing performance seen in the US and Asia overnight as European investors prepare to weather this current storm of choppy trading. Sources predict the FTSE 100 will open 14 points above yesterday's close of 6,520.39, which Lee M
Read moreeasyJet lifts first-half guidance
25th Mar 2014 07:05
- First-half guidance lifted - Pre-tax loss expected - Revenues to rise 1.5 per cent easyJet has raised its first-half guidance as the European airline worked to drive down costs. The carrier expects a pre-tax loss for the six months ended March 31st 2014 between £55m and £65m, compared with the p
Read moreTuesday preview: UK inflation figures for February in focus
24th Mar 2014 14:37
UK inflation in February is likely to have fallen further away from the Bank of England's two per cent target, economists predict ahead of the figures due out on Tuesday. Consumer prices are expected to have dropped to 1.7% year-on-year in February, compared to 1.9% a month earlier. On the month,
Read moreLondon pre-open: Small gains expected ahead of ECB, BoE decisions
6th Mar 2014 07:14
- Modest rise expected at opening bell - Attention focused on ECB, BoE, Ukraine - Positive passenger numbers from easyJet UK stocks are set to edge higher early on ahead of announcements from both the European Central Bank (ECB) and Bank of England (BoE) regarding their latest policy decisions. C
Read moreeasyJet posts positive February passenger numbers
6th Mar 2014 07:01
Budget airline easyJet posted a 2.9 per cent year-on-year rise in the number of passengers it flew during February to 4.2m, up from 4.1m in 2013. The group also posted a 0.2 percentage point increase in the load factor to 90.7%. On a 12-month rolling basis, February numbers were up 3.5% at 61.6m
Read moreFTSE 100 movers: Majority of stocks in red as risk appetite weakens
3rd Mar 2014 14:20
UK stocks sank to their lowest levels in two weeks today, with escalating tensions in Ukraine prompting a sharp reduction in risk appetite. This saw investors flee towards safe-haven assets, such as gold and silver, today, pushing the share prices of precious metal producers Randgold and Fresnillo
Read moreLondon midday: Stocks hit two-week low on Ukraine concerns
3rd Mar 2014 11:25
- FTSE 100 at lowest intraday level since February 17th - Ukraine conflict escalates - Stocks with exposure to Ukraine, Russia hit - China manufacturing weakens techMARK 2,842.73 -2.13% FTSE 100 6,683.18 -1.86% FTSE 250 16,345.25 -2.28% UK stocks sank to their lowest levels in two weeks on Monday
Read moreLondon close: FTSE ends in the red, Tesco weighs heavily
26th Feb 2014 16:26
- FTSE ended 31 points lower - US new home sales higher than expected - Tesco fails to impress investors techMARK 2,899.47 -0.12% FTSE 100 6,799.15 -0.46% FTSE 250 16,471.66 -0.34% UK markets finished today's session in the red, hit by a combination of weaker sentiment, ex-dividends, and concerns
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