Citi cuts price target for easyJet
22nd Sep 2020 14:10
(Sharecast News) - Citigroup has slashed its price target for easyJet as it reduced full-year forecasts for the low-cost carrier.
Read moreSunday newspaper round-up: Coronavirus, UK taxes, Wheaton Precious Metals
20th Sep 2020 23:00
(Sharecast News) - Britain's most senior government scientists will make a direct appeal to the public on Monday, warning that the coronavirus trend is "heading in the wrong direction" and "a critical point has been reached". As Downing Street considers imposing nationwide curbs to contain a sharp jump in cases, the chief medical officer for England, Chris Whitty, will make a rare live televised address alongside the UK chief scientific adviser, Sir Patrick Vallance. - Guardian
Read moreMadrid may tighten mobility restrictions, Bank of Spain cuts GDP forecasts
16th Sep 2020 13:23
(Sharecast News) - The regional government of Madrid appears set to tighten mobility restrictions in several of the districts and suburbs witnessing the most rapid increases in Covid-19 infections.
Read moreBA's Cruz says 'fire and hire' plan is withdrawn
16th Sep 2020 12:39
(Sharecast News) - British Airways has said employees will not be forced to sign new contracts under a draft deal agreed with unions.
Read moreFriday broker round-up
11th Sep 2020 13:47
(Sharecast News) - Vistry: JP Morgan upgrades to neutral with a target price of 670.0p.
Read moreGatwick airport risks becoming 'ghost town', union says
9th Sep 2020 10:54
(Sharecast News) - More than 6,000 jobs have been lost at Gatwick airport during the Covid-19 crisis leaving the airport and nearby communities in danger of becoming a ghost town, the UK's biggest aviation union said.
Read moreIAG obtains regulatory approvals to continue flying in case of no-deal Brexit
8th Sep 2020 12:15
(Sharecast News) - British Airways owner International Consolidated Airlines said on Tuesday it had obtained the necessary regulatory approvals to continue flying freely regardless of whether there is a Brexit deal in place or not by the end of the year.
Read moreSunday newspaper round-up: Brexit, Morrisons, Extinction Rebellion
6th Sep 2020 12:28
(Sharecast News) - The Brexit negotiations will be over in days unless the EU realises Britain is serious about no-deal, government sources have warned. The eighth round of talks with Brussels begin on Tuesday, with progress crucial if the two sides are to finally reach an agreement. It comes as the Telegraph reported on Saturday that the EU's chief negotiator Michel Barnier is to be sidelined in a bid to break the deadlock. But as the deadline on the discussions fast approaches, No 10 insiders say there will be no deal unless the bloc shows "more realism" on the "scale of the change that results from our departure". - Sunday Telegraph
Read moreCiti stays at 'neutral' on IAG, says will never return to 'former glory'
2nd Sep 2020 15:32
(Sharecast News) - Analysts at Citi lowered their target price for shares of IAG ahead of the airline's rights issue, arguing that they do not expect it to ever return to its former glory.
Read moreWednesday broker round-up
2nd Sep 2020 13:24
(Sharecast News) - Codemasters: Peel Hunt downgrades to add with a target price of 420.0p.
Read moreIAG faces revolt over Willie Walsh's pay
2nd Sep 2020 10:36
(Sharecast News) - British Airways owner IAG faces a potential shareholder revolt over a £3m-plus pay deal for departing boss Willie Walsh during the worst crisis to affect the aviation industry, according to reports.
Read moreWizz Air wants to expand Gatwick base with more slots
25th Aug 2020 11:47
(Sharecast News) - Wizz Air wants to expand its new base at Gatwick airport to 20 planes from a starting point of one within a year if it can obtain enough takeoff and landing slots, the company's boss said.
Read moreSector movers: M&A speculation still in the driver's seat, Big Pharma gains
24th Aug 2020 15:23
(Sharecast News) - Mergers and acquisitions speculation continued to drive sector moves at the start of the week - yet again.
Read moreSunday newspaper round-up: NatWest, Rolls Royce, Coronavirus
9th Aug 2020 18:24
(Sharecast News) - NatWest is to push out several top bankers as part of a dramatic overhaul of its investment bank, as new boss Alison Rose attempts to cut ties with its past. The lender formerly known as Royal Bank of Scotland, 62%-owned by taxpayers, is expected to tell staff this week that at least three of its most senior investment bankers will stand down. - Sunday Times
Read moreEurope open: Stocks rise alongside fresh record high for gold
5th Aug 2020 11:16
(Sharecast News) - Stocks in Europe were moving higher on Wednesday, helped by a rally for beaten down travel and leisure names, positive corporate results and some better-than-expected economic data.
Read more