Easyjet passenger numbers up
5th Jul 2012 07:42
Budget airline easyjet has reported its passenger statistics for June, which have shown robust growth in customer numbers and the load factor. The total number of people booking on flights in the month was 5,434,763, against 4,952,305 in June last year, that's a rise of 9.7%. The load factor, whic
Read moreThursday newspaper round-up: Tullow, easyJet, Eurozone
14th Jun 2012 06:55
Microsoft is in talks to buy a leading social network for companies for more than $1bn, according to reports. A deal for Yammer could be sealed as soon as today, Bloomberg reported, citing unidentified sources. Microsoft already owns a range of business products, and adding Yammer would step up the
Read moreLondon open: Stocks flat on euro uncertainty
12th Jun 2012 08:40
- Markets still digesting Spanish request for aid - Investors look ahead to Greek elections, Italian bond auction - Miners and banks drop early on London's blue-chip index opened flat on Tuesday morning with all eyes on the Eurozone following the recent Spanish request for aid and ahead of the cruc
Read moreTuesday broker round-up
12th Jun 2012 08:20
Amlin: Deutsche Bank upgrades to buy, target lifted from 420p to 435p. British Sky Broadcasting: Morgan Stanley upgrades to overweight, 790p target maintained. Consort Medical: Canaccord Genuity maintains buy rating and 744p target. easyJet: HSBC downgrades to neutral, target cut from 580p to 530
Read moreProfit forecasts for European airlines downgraded
11th Jun 2012 15:11
The 2012 profit forecast for the global airline industry was maintained on Monday, according to the International Air Transport Association (IATA), though the airline body has significantly cut its forecasts for European carriers as the Eurozone crisis continues to take its toll on companies' bottom
Read moreLondon midday: Stocks weighed down by Spain, Bernanke
8th Jun 2012 11:40
- Spain downgraded by Fitch - Bernanke comments weigh on markets - Investors nervous ahead of Chinese data this weekend - Spain denies rumours of imminent bank bail-out petition Blue chips were off their intraday lows but still firmly in the red by Friday lunchtime as concerns over Spain continued
Read moreLondon open: Spanish downgrade dents stocks early on
8th Jun 2012 08:27
- Fitch downgrades Spain to BBB - Bernanke warns of risks to US economy - Lamprell tanks after profit warning London's FTSE 100 index dropped into the red in early trading on Friday after Spain's credit rating was downgraded last night, exacerbating concerns about the country's troubled banking sec
Read moreeasyJet see passenger growth accelerate in May
8th Jun 2012 07:31
Year-on-year passenger growth at budget airline easyJet continued to accelerate in May, the group said on Friday. easyJet flew 5,423,726 passengers in May 2012, 14.4% higher than the 4,739,436 in the same month of 2011. Meanwhile, the load factor, which is a measure of how full its planes are, impr
Read moreTuesday broker round-up - UPDATE
22nd May 2012 09:26
Chamberlin: Charles Stanley maintains buy rating and 175p target. easyJet: Investec upgrades from hold to buy, target hiked from 500p to 670p. HomeServe: Charles Stanley cuts target from 290p to 250p, rating under review; Jefferies maintains underperform rating and 195p target. Inmarsat: UBS cut
Read moreFriday broker round-up
11th May 2012 09:08
Aquarius Platinum: UBS cuts target from 155p to 110p, neutral rating kept. ARM Holdings: finnCap upgrades from hold to buy, target left at 575p [ARM is a corporate client of finnCap]. BT Group: Nomura reiterates buy recommendation and 295p target. Catlin: Nomura keeps buy rating and 506p target.
Read moreLondon close: Greece continues to weigh on stocks
9th May 2012 16:31
- Greek politics weighs on sentiment - Merkel tells Greece to stick to austerity - Sage, Weir fall heavily after updates London's blue chips rallied in afternoon trade after steep losses early on, but still finished well in the red on the back of concerns over the political situation in Greece. Com
Read moreFTSE 250 movers: Inmarsat rises on first quarter earnings
9th May 2012 15:26
Miner Petra Diamonds was up having reported a doubling of production in its third quarter, driven by its purchase of the Finsch mine in South Africa. The firm said production rocketed 126 per cent to 622,509 carats during the period, with Finsch exceeding management expectations and contributing 343
Read moreLondon midday: Stocks tank again on euro worries
9th May 2012 11:36
- Weir and Sage fall heavily - ITV, Sainsbury, Glencore higher after updates - Footsie hits new YTD lows on euro concerns London's blue chip index had sunk to levels not seen since late December by Wednesday lunchtime, as political uncertainty in the Eurozone continues to cloud the outlook for the
Read moreLondon open: Stocks claw back after heavy sell-off
9th May 2012 08:35
- Eurozone political uncertainty still ongoing - ITV, Sainsbury, Glencore wanted after updates - Weir and Sage fall sharply While the political uncertainty in the Eurozone is still on investors' minds, the FTSE 100 opened slightly higher on Wednesday morning following steep losses seen the day befo
Read moreeasyJet flying higher than expected
9th May 2012 08:00
Interim losses at airline easyJet were lower than expected, helped by a increased revenues and tight control of costs. Loss before tax for the six months to the end of March narrowed year-on-year from £153m to £112m, while revenues rose 15.7% from £1,266m to £1,465m. Loss per share decreased from
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