London close: Stocks slip into red on growing Middle East concerns
9th Oct 2023 15:40
(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.
Read moreRolls-Royce and EasyJet reach key milestone in development of hydrogen-powered engines
26th Sep 2023 10:36
(Sharecast News) - Rolls-Royce and EasyJet achieved a new milestone in their combined efforts to develop hydrogen-fueled engines.
Read moreDirector dealings: Wetherspoon chair, easyJet director make purchases
5th Sep 2023 12:44
(Sharecast News) - On the list of director purchases on Tuesday was pub chain JD Wetherspoon, after its outspoken chairman picked up almost a million shares.
Read moreDirector dealings: EasyJet non-exec invests, AO World CFO sells incentive shares
27th Jul 2023 10:50
(Sharecast News) - EasyJet was on the list of director buys on Thursday, after it disclosed a purchase made by a non-executive director for more than 5,000 shares.
Read moreEasyJet swings to profit in Q3 amid strong demand
20th Jul 2023 07:38
(Sharecast News) - Budget airline easyJet said on Thursday that it swung to a pre-tax profit in the third quarter amid strong passenger demand, and that it expects to post record profit for the fourth quarter.
Read moreThursday preview: US data, EasyJet in the spotlight
19th Jul 2023 15:56
(Sharecast News) - Investors' focus on Thursday would be on another raft of US economic data.
Read moreSunday newspaper round-up: Tesco, Green Agenda, EasyJet
16th Jul 2023 11:44
(Sharecast News) - Tesco is leaning on its suppliers so that they pass on savings from falling costs so that it can reduce prices more quickly than rivals and thus lead on price cuts. Among other factors, on Thursday Tesco pointed to a halviing in wholesale electricity prices, a 22% reduction in PET packaging and an 84% fall in the cost of freight. Suppliers however said that other costs had continued to rise - not least wages. And in response to prodding by MPs, Asda co-owner, Mohsin Issa, has cautioned that fixed-term contracts meants that three to nine more month would be needed before customers benefitted from falling prices. - The Sunday Times
Read moreEasyJet cancels 1,700 flights over the summer season
10th Jul 2023 11:13
(Sharecast News) - Low-cost airline easyJet announced the cancellation of 1,700 flights over the summer period on Monday.
Read moreEasyJet confident about summer as H1 losses narrow
18th May 2023 07:40
(Sharecast News) - Budget airline easyJet expressed confidence about the summer season on Thursday as it reported a narrowing of its first-half losses, in line with its guidance.
Read moreThursday preview: Philly Fed index, Easyjet in the spotlight
17th May 2023 15:02
(Sharecast News) - The market spotlight will continue to focus on the US come Thursday.
Read moreLiberum raises target price on EasyJet
19th Apr 2023 10:26
(Sharecast News) - Analysts at Liberum hiked their target price on low-cost carrier EasyJet from 500.0p to 650.0p on Wednesday, stating it was "shrugging off macro concerns".
Read moreEasyJet lifts guidance as booking demand soars
18th Apr 2023 07:02
(Sharecast News) - Low-cost airline easyJet on Tuesday said it expected to beat market expectations for annual profits due to high demand and strong summer bookings after slashing losses in the first six months of the current year.
Read moreTuesday preview: UK employment, EasyJet in the spotlight
17th Apr 2023 14:51
(Sharecast News) - The market spotlight on Tuesday would shift away a little from the US, barring surprises.
Read moreSunday newspaper round-up: HSBC, Easyjet, Sky
26th Mar 2023 13:22
(Sharecast News) - A group of investors in Hong Kong have jostled HSBC into a shareholder vote on its structure and strategy, including a possible spin-off of its Asian unit. The group was led by minority shareholder Ken Lui. Its argument was that the Asian unit was "effectively subsidising" the western business to the detriment of shareholders. It was not clear if Chinese insurer Ping An would back Lui's latest move. For its part, the board told shareholders in a notice sent ahead of its AGM on 5 May that such a spin-off would "significantly dilute" its strategy, result in a material loss of value and lead to lower dividends, The Sunday Times first reported. - Guardian
Read moreDeutsche Bank upgrades EasyJet on 'dramatic' improvement in UK economic outlook
14th Feb 2023 11:08
(Sharecast News) - Analysts at Deutsche Bank upgraded their recommendation for shares of Easyjet on the back of what they said had been a "dramatic" improvement in the outlook for the UK economy in 2023.
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