FTSE 100 movers: Budget throws BT a line, airlines facing grim times

11th Mar 2020 15:27

(Sharecast News) - BT Group topped gainers on the top-flight index after the Chancellor confirmed plans to invest ?5bn on rolling out full-fibre broadband across Britain - a major plank of the Conservative election manifesto.

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Bernstein upgrades easyJet, Ryanair; says EU airlines are a 'buy'

10th Mar 2020 14:25

(Sharecast News) - Bernstein lifted its rating on easyjet and Ryanair on Tuesday, arguing that the largest carriers were unlikely to go bust.

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London close: Stocks end sharply lower again as oil futures crash

6th Mar 2020 17:10

(Sharecast News) - London equity markets finished near their worst levels of the session on Friday, with oil and gas shares under the cosh after the Russian Federation refused to go ahead with another oil output cut alongside the Organisation of Petroleum Exporting Countries.

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Pareto downgrades Norwegian Air amid liquidity concerns

6th Mar 2020 14:06

(Sharecast News) - Shares of Norwegian Air tumbled on Friday as Pareto Securities downgraded its rating on the stock to 'hold' from 'buy', citing concerns about liquidity and the impact of the coronavirus.

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Europe midday: Rout in Travel and Leisure extends amid flight to safety

6th Mar 2020 11:49

(Sharecast News) - Stocks in Europe were getting hammered again at the end of the week as investors rushed into the relative safety of government bonds, alongside big moves in the euro and crude oil futures.

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FlyBe ?100m bailout set to be 'rejected' - reports

4th Mar 2020 08:22

(Sharecast News) - Flybe is facing potential collapse after its request for a ?100.0m taxpayer loan looked set to be rejected.

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Airlines to take hit but recover after coronavirus - HSBC

3rd Mar 2020 11:43

(Sharecast News) - EasyJet will be the UK airline worst affected by the coronavirus outbreak, HSBC analysts said as they kept their 'buy' ratings on all four London-listed carriers.

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British Airways, Ryanair cancel flights due to coronavirus

2nd Mar 2020 20:34

(Sharecast News) - British Airways and Ryanair have cancelled hundreds of flights as the coronavirus outbreak dents demand.

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Berenberg lowers target price on IAG as coronavirus hits Europe

2nd Mar 2020 15:53

(Sharecast News) - Analysts at Berenberg lowered their target price on shares of British Airways parent company International Consolidated Airlines Group from 700.0p to 620.0p on Monday, citing concerns surrounding the Wuhan coronavirus outbreak.

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Europe midday: Travel & Leisure stocks pace losses in roller-coaster trading

2nd Mar 2020 15:09

(Sharecast News) - Stocks on the Continent are trading mostly higher in a roller-coaster day of trading with shares buffeted by news of the continued spread of the coronavirus offset by signals from economic officials around the world that they stand ready to act.

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Monday broker round-up

2nd Mar 2020 13:33

(Sharecast News) - Burberry Group: Bank of America upgrades to buy with a target price of 1,800p.

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London midday: Stock selloff continues heading into the weekend

28th Feb 2020 11:01

(Sharecast News) - There was scant let up in selling pressure on global stockmarkets on Friday, with investors wary of what news headlines the weekend might bring, even as they worried that a global economic recession might be on the cards.

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London open: Stockmarket rout extends as recession worries mount

28th Feb 2020 08:48

(Sharecast News) - There was no let up in the acute selling pressure on stocks at the end of the week, with investors asking themselves whether the spreading coronavirus would send the global economy into recession, which could entail further losses in stockmarkets over the coming weeks and months.

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BA owner IAG warns on coronavirus earnings hit

28th Feb 2020 07:23

(Sharecast News) - British Airways-owner IAG said it could not give accurate guidance for 2020 results due to the coronavirus that has caused travel chaos around the world.

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Friday preview: Coronavirus, IAG in focus

27th Feb 2020 13:19

(Sharecast News) - The focus at the end of the week will continue to be on the spread of the COVID-19 coronavirus, although key technical levels on the main stockmarket will increasingly come into play, particularly on Wall Street given that its role as a bellwether for global investor sentiment.

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