Sunday newspaper round-up: GlaxoSmithKline, Rare Earths, Amazon
2nd May 2021 12:32
(Sharecast News) - Top investors in Glaxo Smith Kline are piling pressure on Dame Emma Walmsley after the activist New York hedge fund Elliott Management was revealed to have built a significant stake. Two top-20 investors in the drugs and consumer goods giant said that the chief executive's future was in doubt after four years of disappointing performance. One top-20 investor said there was "no desire to protect her" among institutional shareholders. Another said that Walmsley, 51, should step aside after her plan to break the business in two is carried out and hand over to her lieutenant, Luke Miels. - Sunday Times
Read moreBA boss says rich holidaymakers to make up for fall in business-class demand
27th Apr 2021 09:41
(Sharecast News) - British Airways CEO Sean Doyle believes that the company's investment in refurbishing premium cabins will pay off with wealthy holiday makers buying premium seats.
Read moreLondon midday: Travel stocks in the lead ahead of busy week for data, earnings
26th Apr 2021 11:49
(Sharecast News) - Stocks have turned around to trade higher after the head of the European Commission signaled that the European Union may open its borders to non-essential travel from the US by summer.
Read moreEU may be set to allow US tourists to travel by summer
26th Apr 2021 09:07
(Sharecast News) - The European Union is moving closer to opening the bloc to US tourists, the bloc's highest-ranking official said.
Read moreLondon open: Stocks dip despite tentative moves to reopen international travel
26th Apr 2021 08:38
(Sharecast News) - Stocks are coming under a little bit of selling pressure at the start of trading on Monday as investors monitor the headlines out of Asia concerning the epidemic and its possible impact on economies.
Read moreThursday broker round-up
8th Apr 2021 12:47
(Sharecast News) - Deliveroo: Berenberg initiates at hold with a target price of 310p.
Read moreTravel stocks brush off possible delays in reopening of non-essential travel
6th Apr 2021 07:14
(Sharecast News) - London-listed travel stocks were taking news that the UK's planned lifting of restrictions on non-essential travel could be pushed back in their stride.
Read moreIAG hopeful about transatlantic restart, BofA says
26th Mar 2021 13:59
(Sharecast News) - IAG thinks successful vaccine programmes in the US and UK bode well for transatlantic travel restarting, Bank of America said.
Read moreIAG secures $1.76bn credit facility against Gatwick, Heathrow landing rights
23rd Mar 2021 17:04
(Sharecast News) - British Airways and Iberia parent IAG has secured a $1.76bn revolving credit facility with a syndicate of banks, using take-off and landing rights at both Heathrow and Gatwick airports as collateral.
Read moreSpain to lift ban on UK tourists from 30 March
23rd Mar 2021 16:27
(Sharecast News) - The Spanish government said on Tuesday it will be lifting a ban on travel from Britain at the end of March.
Read moreMonday broker round-up
22nd Mar 2021 13:40
(Sharecast News) - Fevertree: Numis upgrades to buy with a target price of 2,800p.
Read moreDeutsche Bank downgrades IAG to 'hold'
22nd Mar 2021 09:15
(Sharecast News) - Deutsche Bank has downgraded International Airlines Group to 'hold' from 'buy' after a recent rally in the share price.
Read moreIAG plans €1bn bond offering to weather 'prolonged downturn'
18th Mar 2021 09:40
(Sharecast News) - BA owner IAG unveiled plans to raise €1bn (£855m) to help it weather the expected longer downturn in the travel sector from the Covid-19 pandemic.
Read moreEurope close: Stocks slip, Travel and Leisure names pace declines
5th Mar 2021 17:10
(Sharecast News) - European shares slipped at the end of the week dragged down by Travel and Leisure names, amid mounting Covid-19 case counts in many countries, especially in Eastern Europe and Italy.
Read moreSector movers: Travel and construction stocks gain with crisis end in sight
1st Mar 2021 20:27
(Sharecast News) - Travel and Leisure shares were among the top performing areas of the market at the start of March, as investors cheered news that the number of new coronavirus infections was still falling sharply on both sides of the Atlantic.
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