easyJet begins trading on FTSE 100 and launches new route
18th Mar 2013 13:34
easyJet made waves Monday as it began trading on the FTSE 100 and launched its first service between London and Moscow. The carrier's introduction of low-cost flights between London Gatwick and Moscow, which came on the same day as its debut on the FTSE 100, was hailed by ministers as a boost to tr
Read moreThursday broker round-up UPDATE
14th Mar 2013 07:11
Amara Mining: After having been under review, Cantor Fitzgerald reinitiates coverage with a price target of 81p and a buy recommendation. Antofagasta: Citigroup shifts target price from 990p to 1000p, but retains its sell recommendation. Ashtead Group: Investec raises target price from 475p to 700
Read moreeasyJet passenger volumes rise year-on-year
6th Mar 2013 09:32
The volume of passengers flying with low cost airline easyJet rose 3.4% in the month ending February 2013 to 4.11m compared to 3.98m one year earlier. The load factor increased by 2.9 percentage points to 90.5% over the same time frame. Over the 12 months ending February 2013, the volume rose 7%
Read moreeasyJet to propose 21.5p per share dividend during AGM
21st Feb 2013 10:02
Sir Michael Rake, Chairman of easyJet, is expected to propose a dividend of 21.5p per share to be paid in respect of the financial year ending September 30th in an annual general meeting on Thursday. A curtainraiser preview of the Chairman's speech, issued ahead of the meeting by easyJet, indicated
Read moreWednesday newspaper round-up: BHP, Sainsbury, Japanese deficit...
20th Feb 2013 06:52
BHP Billiton has named its new chief executive on the same day that it revealed its worst half-year figures for more than a decade. The Australian global mining company has appointed Andrew Mackenzie, the head of its base metals division, to replace Marius Kloppers, who will step down in May. The an
Read moreSunday newspaper round-up: RBS, Bumi, easyJet
17th Feb 2013 16:03
George Osborne was yesterday said to be considering a mass giveaway of the government's shares in the Royal Bank of Scotland before the next general election. Reports suggested that taxpayers would each receive a pre-election boost of several hundred pounds under proposals being worked on by the Tre
Read moreSunday newspaper round-up: easyJet, Barclays, Man Group
10th Feb 2013 17:24
The Sunday Telegraph understands Sir Stelios, who with his family owns 36 per cent of easyJet´s shares, is to vote against the re-election of Sir Mike Rake, the Chairman, as well as against the board's remuneration report. In addition, he will abstain against all 18 other resolutions on matters such
Read morefastJet passenger numbers rocket in wake of negative press
8th Feb 2013 10:16
fastJet's passenger numbers soared 63.8 per cent last month despite a lack of activity following Christmas. Africa's first low-cost airline carried 84,645 people in January across all operations including fastJet Tanzania, Fly540 Kenya, Fly 540 Ghana and Fly540 Angola. That compares to 51,676 pass
Read moreThursday broker round-up UPDATE
7th Feb 2013 07:14
African Barrick Gold: Deutsche Bank shifts target price from 415p to 410p, while its hold recommendation is maintained. Ashmore Group: Canaccord Genuity moves target price from 315p to 399p and upgrades to buy. Atkins: JP Morgan takes target price from 859p to 893p and reiterates an overweight rat
Read moreWednesday broker round-up UPDATE
6th Feb 2013 10:12
ARM Holdings: Investec ups target price from 900p to 940p, maintaining its hold recommendation. JP Morgan increases target price from 540p to 625p and retains a neutral rating. UBS moves target price from 900p to 930p, while its neutral rating is reiterated. Espirito Santo raises target price from 8
Read moreeasyJet passenger numbers ascend
6th Feb 2013 08:13
easyJet's passenger numbers grew in January continuing on from strong trading over the Christmas period, according to statistics released Wednesday. Last month the budget airline carried 3.8m customers, a 4.0% rise compared to the previous year. The group reported a load factor of 84.4% for the mo
Read moreTuesday newspaper round-up: Lloyds, RBS, Virgin Media...
5th Feb 2013 06:53
The boss of one of Britain's taxpayer-owned banks is being lined up for a bonus of up to 1.5 million pounds for last year, refusing to follow the example set by his counterparts at RBS and Barclays, who have both waived their rights to a payout. António Horta-Osório, chief executive of Lloyds Bankin
Read moreLondon midday: Markets trading within narrow range
28th Jan 2013 11:33
London's benchmark index, the FTSE 100, was pausing for a breather on Monday morning with markets cautious ahead of a busy week. The index was trading within a narrow range over the course of the morning, with just 10 points separating its intraday high (6,289) and low (6,279). Economic data from
Read moreTurbulent morning for low cost airlines
28th Jan 2013 10:36
Both Ryanair and easyJet took a hit on Monday morning despite the two airlines reporting what seemed to be positive news. The Irish low-cost airline fell 2.1% despite boosting its full-year revenue forecast after third-quarter results came in better than expected. Ryanair - which is now calling it
Read moreLondon open: Markets 'pause for breath' after recent gains
28th Jan 2013 08:26
The FTSE 100 started Monday's session broadly unchanged as confidence about China provided some support, helping the FTSE 100 hold on to gains made in recent weeks. Impressive economic data helped drive a 2.1% rise on the Footsie last week, including better-than-expected readings of Chinese and Ame
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