Wednesday preview: Sainsbury, ITV, IHG, easyJet
8th May 2012 15:55
Results from Sainsbury on Wednesday may give some pointers whether sector leader Tesco is finally rousing from its slumbers in the UK. Results from Morrisons in the first week of May showed that supermarket chain suffering its first year-on-year fall in like-for-like (LFL) sales since the time it b
Read moreeasyJet sees solid increase in April passenger numbers
4th May 2012 07:23
Budget airline easyJet saw a strong year-on-year increase in passenger numbers in April, whilst flying fuller planes. The group flew 5,124,597 passengers last month, up 8.6% on the 4,717,402 in April 2011. This compares with the 4,629,241 flown in March 2012, up 4.4% year-on-year. Worth noting, p
Read moreThursday tips round-up: WS Atkins, Easy Jet, Eldorado Gold
12th Apr 2012 07:11
If the health of a consultancy such as WS Atkins can be measured by the number of consultants it can afford to employ, and this is at least a crude measure of performance, then Atkins' UK business is in good shape. The company added a modest 100 staff members in the second half, the first real growt
Read moreLondon midday: Footsie down after manufacturing data, BoE holds rates
5th Apr 2012 11:41
- BoE holds rates, QE - UK manufacturing in surprise decline - Financials lead Footsie lower, Ashmore bucks trend After a cautious start, the Footsie found its direction by mid-morning, falling steeply after some worse-than-expected domestic manufacturing data. Meanwhile, the Bank of England's po
Read moreLondon open: Stocks rebound after heavy sell-off
5th Apr 2012 08:28
- Market awaits BoE decision - Ashmore flying high after upgrade - Miners recover after sell-off yesterday London's blue chip index rose moderately in early trading on Thursday ahead of a long weekend, recovering after yesterday's sell-off. The Footsie fell 135 points, or 2.3%, yesterday on the ba
Read moreLondon pre-open: FTSE to regain some of yesterday's losses
5th Apr 2012 07:31
City sources predict the FTSE 100 will open up 20 points from yesterday's close of 5,704, as investors pare yesterday's huge losses which saw every single stock on the FTSE 100 become a faller by the end of the day. Investors are now looking to US jobless data for guidance, with unemployment claims
Read moreeasyJet flies more passengers in March
5th Apr 2012 07:01
Budget airline easyJet carried more passengers on fuller planes last month, compared to the same period a year ago. The group reported 4,629,241 paid seats in March 2012, up 4.4% on the 4,435,624 registered in the same month of 2011. This took the 12-month rolling number up 8.9% to 55,793,372. Mea
Read moreLondon open: Stocks rise after upbeat China data
2nd Apr 2012 08:26
- Miners wanted after Chinese PMI reaches 11-month high - RBS to dish out dosh to preference shareholders - LSE acquisition of LCH.Clearnet passes milestone UK stocks opened with decent gains on Monday morning as miners rose on the back of some better-than-expected manufacturing data from China.
Read moreAirline CEOs slam Treasury on air tax rise
2nd Apr 2012 07:49
Leaders of the UK's biggest airlines have called on the Chancellor to review the impact of Air Passenger Duty (APD) after it was hiked yesterday. For short-haul flights, the tax has gone up from £12 to £13, while for long-haul flights between 4,000 and 6,000 miles it has risen from £75 to £81. APD
Read moreeasyJet tests new 'pick your pew' scheme
27th Mar 2012 14:57
Low cost airline easyJet is trialling a new booking system which will allow passengers to pay three pounds to select their own sets on the place. Travellers will also be able to take the option of paying a further £9 to ensure they have extra leg room, while seats in the first few rows of the plane
Read moreTuesday broker round-up - UPDATE
27th Mar 2012 09:21
Aberdeen Asset Management: UBS ups target from 300p to 310p, buy recommendation maintained. Babcock: Investec raises target from 810p to 850p, buy rating kept; Peel Hunt reiterates buy rating and 855p target; Jefferies keeps buy rating and 780p target. Bellway: Investec downgrades from buy to hold
Read moreLondon close: Footsie back above 5,900 after Bernanke comments
26th Mar 2012 16:44
- German confidence continues to improve - Merkel in favour of boosting firewall - Bernanke hints at continued support for economy London's blue chip index finished close to its intraday highs on Monday helped by positive news flow from Europe and remarks from the Federal Reserve. Stocks were rebou
Read moreFTSE 250 movers: Record gas discovery boosts Ophir into top spot
26th Mar 2012 13:19
Shares in the African energy firm Ophir leapt over 18 per cent on Monday after it announced a record gas discovery off the coast of Tanzania. The firm said the 4.5tr cubic feet (TCF) of gas discovery at its Jodari-1 well, exceeded pre-drill estimates by 55%. EazyJet was also on the up after Prime
Read moreLondon midday: German Ifo survey lifts the mood
26th Mar 2012 11:37
- Germany's IFO index rises for fifth straight month - Concerns about Spain still on investors' minds - Aberdeen leads rise on FTSE 100, Ophir surges on FTSE 250 UK stocks managed to extend gains by Monday lunchtime after a confidence survey from Germany rose to a seven-month high. Germany's Ifo b
Read moreBroker tips: Aberdeen, Diploma, easyJet
26th Mar 2012 11:35
Peel Hunt has upgraded its rating for Aberdeen Asset Management from hold to buy following this morning's well-received pre-close trading update. "Aberdeen's AuM has risen sharply over the last two months, benefiting from the recovery in equity markets. Demand remains high for the group's products
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