Easyjet pays up to keep name
11th Oct 2010 07:21
No-frills airline easyJet has agreed a settlement to its acrimonious dispute with founder Sir Stelios Haji-Ioannou over its continued use of the 'easy' name. The price is not cheap. For the next fifty years, easyJet will have to pay an annual royalty of 0.25% of revenues, fixed at £3.9m and £4.95m
Read moreLondon close: Higher finish for Footsie as miners march ahead
6th Oct 2010 16:48
It was the surge in US shares yesterday rather than today's nervous performance that provided a lead for Footsie, helping London's top share index close with good gains. A nasty jobs report sent jitters through US markets. Private sector employers cut 39,000 jobs in September, against a gain of 10,
Read moreLondon afternoon: Airlines flying high
6th Oct 2010 14:30
Profit takers have skimmed off some of the cream of the gains seen this morning on mining stocks while the two big trading updates of the day have also sparked negative reactions, but Footsie remains comfortably in positive territory. Metals prices have strengthened in line with a weaker dollar, w
Read moreFTSE 250 movers: Easyjet takes off
6th Oct 2010 14:21
Shares in Easyjet took off after the no-frills airline said it expects profits this year to come in slightly above its previous forecast after lower volcano ash costs and better demand for European short-haul flights. Fast growing homewares retailer Dunelm is finding it hard to match last year's ra
Read moreLondon midday: Autonomy cuts revenue guidance
6th Oct 2010 12:01
With metals prices on the rise mining stocks were the shares to hold in a morning session that saw Footsie make an assault on the 5700 level before falling away in the hour before noon. Antofagasta, Anglo American, Kazakhmys and Xstrata are still sporting handsome gains. Metals prices have strength
Read moreLondon open: Blue chips power forward
6th Oct 2010 08:52
London's leading index has hit fresh five-month highs after the surge on Wall Street overnight. Footsie is now at its highest since April. Miners are driving the gains this morning with the top five risers all mining companies. Antofagasta, Anglo American, Kazakhmys and Xstrata are the best perform
Read moreEasyjet to top profit guidance
6th Oct 2010 08:16
Shares in Easyjet took off after the no-frills airline said it expects profits this year to come in slightly above its previous forecast after lower volcano ash costs and better demand for European short-haul flights. Total revenue per seat at constant currency for the quarter ended 30 September 20
Read moreLondon close: Five month high for FTSE 100
5th Oct 2010 16:37
An uncertain start to the day was a distant memory by trading's close as shares surged following a strong start in the US, helping Footsie hit its highest levels in five months. US stocks were boosted by better than expected growth in service companies in the world's biggest economy in September. T
Read moreLondon afternoon: Sunny side up for London
5th Oct 2010 14:10
Winners outnumber losers by about three to one among FTSE 100 constituents as London participates in the advance of global stock markets following the Bank of Japan's decision to cut its benchmark interest rate. Sentiment has also been given a boost by reports of growth in activity in the services
Read moreThursday newspaper round-up: Banks, Ireland, Unilever
30th Sep 2010 06:29
Downing Street appeared to be snubbing the banking industry yesterday as it finalised a 16-strong panel of corporate grandees to advise the Prime Minister on business matters. While manufacturing, construction, utilities, retailing and small businesses are well represented, no one from the banking
Read moreTuesday tips round-up: Easyjet, Goals Soccer, CWW...
7th Sep 2010 06:34
Even though a number of holiday companies have issued profits warnings in recent weeks, easyJet has seen its passenger traffic increase, and yesterday reported that the number of passengers taking its planes last month increased by 8.4% compared to August last year. But there's a fly in the ointmen
Read moreLondon close: Footsie tops up gains
6th Sep 2010 16:50
Footsie consolidated last week's strong performance with another day of gains, though trading was subdued with the US closed. Telecoms group Cable & Wireless Worldwide was the best performer on a weekend report Singapore Telecom is eyeing up the telephony group. Bid speculation also buoyed Home R
Read moreLondon afternoon: Bid talk enlivens subdued session
6th Sep 2010 14:07
Leading shares remain moderately firmer on balance, but with the US markets closed and with a paucity of corporate news in the UK to get the juices flowing, trading is subdued. Telecoms group Cable & Wireless Worldwide is the best performer on a weekend report Singapore Telecom is eyeing up the tel
Read moreLondon midday: Languid London ambles higher
6th Sep 2010 12:15
Footsie finished the morning in positive territory, raising hopes that the blue-chip index can add to its run of five days of rises in succession. It was a quiet morning, however, possibly reflecting the fact that US markets will be closed for the Labour Day holiday today. Telecoms group Cable & W
Read moreLondon open: Good start for Footsie
6th Sep 2010 08:42
London has started the week in confident fashion, still buoyed by Friday's better than expected US jobs data. British Airways is going well on chief executive Willie Walsh's ambitious plans to buy rivals. Walsh has held talks with executives of merger partner Iberia about BA's role as a consolidato
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