Investments and investor services
FTSE 100 closes down after latest Trump trade war stunt
The Dow Jones suffered a 300 point fall in the first half hour of trading
Company
easyJet PLC
LON:EZJ
EasyJet is engaged in the provision of a low-cost airline service on short-haul and medium-haul point-to-point routes principally within Europe.
720 stories · page 4 of 8
Marks & Spencer finals to fix FTSE 100 future
High street retailer has sunk to the relegation places in the FTSE 100 index
The stormy skies of the airline sector have a big silver lining for Ryanair and easyJet
Fierce competition over fare prices, higher fuel costs and Brexit have all piled pressure on the industry, however the bigger players could be ripe for expansion as smaller carriers are squeezed out
Investments and investor services
FTSE 100 closes in the red as trade tensions and Brexit confusion rumble on
The UK index of leading shares closed down nearly 38 points at 7,310
Archive
Will Easyjet keep to its guidance in Friday’s first-half results?
The airline shocked the market last month, so investors will be looking for some reassurance in the interim report
FTSE 100 closes higher after US inflation data
It comes after latest data showed that core inflation in the US was flat last month (March) while consumer spending rose
Thomas Cook: From Loughborough railways to potential unravelling
Despite expanding from humble beginnings in 1841, the travel operator is now beset on all sides by encroaching rivals while also trying to keep up with changes in consumer behaviour
Investments and investor services
FTSE 100 closes at near seven month high as no news is deemed good news
The UK blue-chip index finished up around 63 points at 7,523
Stobart Group names executive with significant airlines experience as its chief financial officer from 1 April
Lewis Girdwood has served as chief financial officer since 2017 of IAG Cargo, which provides global cargo services to British Airways, Iberia, Aer Lingus and other IAG-owned airlines
Archive
US jobs to provide main focus, though UK PMIs still key as Brexit SNAFU continues
Aside from the UK and US data - and Brexit - corporate news in the week ahead will include updates from blue-chip budget airline easyjet and Ladbrokes Coral owner GVC Holdings
easyJet says it “stands ready” to suspend non-EU shareholders amid ‘no deal’ Brexit jitters
The FTSE 100 budget carrier said it had now upped its EU ownership to 49.92%, just shy of the 50% threshold that it would need to keep operating inside the EU post-Brexit
easyJet pulls out of consortium contemplating bid for collapsed airline Alitalia
The budget carrier said it had withdrawn from the group, which would have seen it partner up with Italian state railway operator Ferrovie dello Stato Italiane and US airline Delta
FTSE 100 closes lower as Chinese data dents sentiment
The UK's premier share index closed down around 32 points at 7,074
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IAG, Rolls Royce and British American Tobacco on the agenda for busy blue chip Thursday
Its set to be a busy day for blue-chip news in London on Thursday.
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Hotchpotch of blue-chip results set to flow in coming week from likes of Rolls-Royce, ITV, WPP
The Week Ahead will also bring a trading update from AB Foods, plus final results from Standard Chartered, IAG, Persimmon, Rightmove, as well as the latest US GDP data
Ryanair upgraded by SocGen which expects news flow and earnings momentum to improve
SocGen upgraded the Dublin-based carrier to ‘buy’ from ‘hold’ with an increased target price of €14, pointing to settled wage negotiation issues and discounts to its long-term average multiples
easyJet says in discussions with others, including Delta Air Lines about forming consortium to explore options for Alitalia
The FTSE 100-listed group said: “There is no certainty at this stage that any transaction will proceed and easyJet will provide a further update in due course, if and when appropriate"
Investments and investor services
FTSE 100 closes marginally higher but consumer and industrial shares down
May said should no revised deal be ready for a vote by 27 February, a further amendable motion would be tabled
easyJet ups European ownership to 49% in preparation for Brexit
John Barton, chairman of the FTSE 100 carrier, said the firm was confident of its ability to keep flying whatever the outcome of Brexit
Archive
FTSE 100 closes in the red as global market unease continues
Britain's blue-chip index closed over 58 points lower at 6,642, while the FTSE 250 was also down
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FTSE 100 finishes in red as China growth worries hit global equities
Top laggard on Footsie was oil services giant Wood Group, which shed 4.09% to 524.80p
Archive
Eyes on Dixons Carphone guidance as it delivers trading update on Tuesday
Dixons Carphone and Cairn Energy will be among Tuesday's highlights.
Investments and investor services
FTSE 100 nudges lower at close as China growth worries hit stocks
The UK's blue-chip index finished down nearly seven points at 6,96, while FTSE 250 was also lower
Investments and investor services
Brexit a factor in easyJet update, while US/China trade wars could be a drag for Burberry
The Week Ahead will also bring trading updates from the likes of Vodafone, Anglo American, William Hill, Dixons Carphone, and WH Smith, plus the latest UK jobs and wages data
easyJet knocked by JPMorgan downgrade, as sector roiled by another Ryanair profit warning
The US bank’s analysts cut their rating for easyJet to ‘neutral’ from ‘overweight’ and reduced their target price for the FTSE 100-listed firm to 1,450p from 1,800p
Ryanair’s wings clipped by Berenberg downgrade to ‘sell’, sees ‘value trap’ for low-cost airlines
The German broker also reduced its target price for the dual Dublin and London-listed airline to €9.75, down from €12.60 previously, with the stock trading at €10.57, down 0.9% on Monday’s close
FTSE 100 closes in the red as Federal Reserve's rate hike creates jitters
"Investors aren’t willing to forgive Fed Chair Jeremy Powell yet; a soft open on Wall Street threatens to drag the FTSE lower into the close," said Fiona Cincotta at City Index
FTSE 100 clings on to triple-digit gain
The Footsie looked destined to finish well off the top but still sporting a handsome gain following a weekend of deals at the G20 and Opec meetings
Liberum ups target for easyJet on long-term fundamentals but cautions on short-term uncertainty
In a note to clients, the broker said unit revenues were under pressure in the winter against “tough comparatives flattered by Easter timing and the demise of Air Berlin and Monarch”
Flybe shares soar as reports say IAG competing with Virgin Atlantic to take control of the airline
The Sunday Telegraph said FTSE 100-listed IAG – owner of British Airways, Iberia and Aer Lingus - is tipped as the favourite to take over the low-cost airline, which put itself up for sale earlier this month
easyJet profits soar as it benefits from rivals' woes but shares fall on concerns about costs
easyJet hiked its full-year dividend by 43% and said it was focused on driving future returns, positive free cash flow and headline profit per seat
Archive
FTSE 100 closes firmly lower, joining global indices, as traders shun risk
If you are long blue-chip equities, the trend has not been your friend today
Archive
Schadenfreude to boost full-year results from budget airline easyJet after recent misfortunes of rivals
The Day Ahead also includes updates from blue-chip contract caterer Compass Group, and second line players such as challenger bank CYBG and online electrical appliances retailer AO World
FTSE 100 closes lower as UK politics, Brexit remain the focus
The chief negotiator for the EU, Michel Barnier, has proposed extending the transition period for the UK to leave the bloc until as late as 2022. Theresa May said she was not keen on the idea
Archive
UK investors will have plenty of updates to chew over in the coming week as turkeys are prepared for US Thanksgiving
Aside from the inevitable Brexit drama, the Week Ahead will be dominated by another batch of corporate updates from the likes of Kingfisher, Centrica, easyJet, and Compass Group
Investments and investor services
BigDish beefs up on bid interest but is still below its flotation price
A look at day's gliders and sliders, including Integumen, MC Mining, Intermediate Capital, Bovis Homes and other house-builders, Dart Group,Flybe, easyJet, IAG, Learning Technologies and Oilex.
Archive
fastjet shares nosedive as it warns it could go bust by the end of the month
It is not the first time fastjet has said it needs more money, but it remains to be seen if lenders will be willing step up once again
ITV takeover offer “wouldn’t be surprising” at current valuation, says analyst
The broadcaster's content library means it has a bundle of assets that could place it in high demand as competition drives consolidation in the media and telecoms markets
easyJet and Wizz Air shares move up as both report passenger number growth, but easyJet load factor slips
The white and orange liveried airline reported that passenger numbers for the month had risen 14.1% year-on-year to around 8.6mln
European airline stocks ready to take off again with IAG leading the way - Deutsche Bank
European airline stocks have fallen by around a fifth since the first half results season - and now look oversold, according to Deutsche Bank analysts
EasyHotel logs sales growth in the second half, eyes further expansion in Europe
Spain, France and Germany present growth opportunities for the budget chain
Easyjet carries an extra 1mln passengers in September but load factor slips
A fall in load factor will be a disappointment for some, given that, in an era of low ticket prices, airlines need to get as many bums on seats as possible
Investments and investor services
FTSE 100 closes firmly lower as trade fears, bond yields and sterling rise creates perfect storm
The Footsie closed down nearly 92 points at 7,418, while the other major European benchmarks were also lower.
Investments and investor services
DFS Furniture set to release full year results, have investors already heard the worst?
DFS and Electrocomponents are set to be among Thursday's highlights.
FTSE 100 closes in red; Royal Mail delivers share plunge
The UK blue-chip index closed down around 14 points at 7,495 as the stronger pound weighed
Archive
Jack’s store roll-out in focus as Tesco reports first half results
The week ahead includes Tesco interims, full-year earnings from DFS Furniture and Ferguson, an Electrocomponents trading update and the US non-farm payrolls report
FTSE 100 closes lower but up on the week as Italy rattles European markets
FTSE 100 closed the day 35 points lower as the situation in Italy rattled markets
Archive
fastjet says it needs fresh funding to keep flying as shares plummet
On top of its funding woes, the African carrier reported a widening operating loss and said it may exit the Tanzanian market
Investments and investor services
FTSE 100 closes near flat as traders sit on hands ahead of Fed
The UK blue-chip index closed nearly four points higher at 7,511
Investments and investor services
EasyJet and Ryanair out of favour as Berenberg prefers long haul
BA-owner IAG is tipped to rise, whereas the outlook was seen to be less rosy for EasyJet and Ryanair.
Credit Suisse trims target price for Thomas Cook but maintains significant upside on long-haul airline potential
Analysts at the bank said while the mark to market had resulted in the target price cut, Thomas Cook’s long-haul network remained attractive
easyJet and IAG report passenger and load factor growth in August
easyjet reported that passenger numbers for the month were up 5.6% at around 8.7mln compared to August 2017, while its load factor inched up 0.1 percentage points to 96.4%
Investments and investor services
FTSE 100 closes lower again as traders flee from risk
The UK blue chip index was about 10 points lower at 7,373, above the session low of 7,357.09 but below the morning peak of 7,397.74
Investments and investor services
Bovis Homes and Dixons Carphone to take spotlight on busy Thursday
It promises to be a busy Thursday morning with several closely followed firms reporting, meanwhile, around 9 points will come off the index with blue-chip miners such as BHP Billiton, Antofagasta, and Glencore going ex-dividend.
Archive
Housebuilders to be in focus as Autumn kicks off with a welter of sector updates
Aside from the housebuilders, the week head will also see updates from advertising giant WPP, electricals retailer Dixons Carphone, and transport operator Go-Ahead Group
Archive
Ryanair, EasyJet and IAG tipped to fly by Citi
Citi's new airlines analyst sees a "mixed and, in a few areas, challenged outlook" for the sector
easyJet and Wizz Air passenger numbers lifted in July
FTSE 100 airline easyJet reported a 4.5% increase in passengers for July, while FTSE 250 constituent Wizz Air saw numbers jump 22.9% to around 3.47mln in the period
Archive
FTSE 100 starts week by ending lower as geopolitical woes hit sentiment...again
In London, FTSE 100 shed 23 points to 7,655, while FTSE 250 shed over 155 points at 20,770
easyJet boss confirms discount airline’s continued interest in at least parts of Italian carrier Alitalia
easyJet PLC’s chief executive Johan Lundgren told Corriere della Sera that easyJet has not yet talked with the Italian government but is open to holding discussions
Investments and investor services
FTSE 100 closes higher, bolstered by sterling's fall; rate rise doubts
The index of leading UK shares closed up just shy of 50 points higher at 7,676, while the FTSE 250 was also up
As Ryanair's struggles continue can easyjet look to the blue skies?
Easyjet and Severn Treant are among the key names in the diary for Wednesday.
Archive
Week ahead: Investors hope Royal Mail delivers the goods and Unilever meets targets
The week ahead includes updates from Royal Mail, Unilever, Sports Direct, Rio Tinto and Anglo American along with official UK data on jobs, inflation and retail sales
easyJet and IAG fly more passengers in June
The FTSE 100-listed easyJet said it flew 7.9mln passengers in June 2018, up from 7.7mln at the same month a year ago
Archive
fastjet warns it could go bust if it can’t raise fresh cash
The troubled low-cost African airline said it is going through a “quieter” period of trading which has put pressure on its cash balances
Davy Research shuffles ratings for Wizz Air and easyJet, still prefers low-cost carriers as peak summer period begins
Analysts at the Irish stockbroker upgraded their stance for Wizz Air to ‘outperform’ from ‘neutral’, citing the scope for 15% capacity and earnings growth over the next decade
Exane BNP Paribas switches allegiance as it upgrades easyJet, downgrades Ryanair
Ryanair had been Exane BNP’s preferred pick of the two, but analysts there downgraded it to ‘neutral’ from ‘outperform’ whilst moving rival Easyjet in the opposite direction
WH Smith’s move away from the high street is paying off
The retailer has been pulling investment from its high street stores and putting it into the ‘travel’ side of its business, which is benefitting from an increase in plane and rail passengers
easyJet reports passenger growth in May despite flight cancellations
The low-cost airline said there were 974 cancellations in May, equivalent to 2.5% of planned capacity and up on the 117 experienced in May 2017
easyJet lifted as Liberum ups to ‘hold’ on supportive short-term trading; rival Ryanair sees May traffic grow
The City broker also raised its target price for the FTSE 100-listed firm to 1,800p from 1,250p, with the stock having closed trading on Monday at 1,778.5p
Analysts welcome record EasyJet results but are cautious for the long-term
Concerns on margin pressures and upcoming results from competitors will likely lead to a review of the airline's prospects once the high of today's results wears off
BTG shares fall as healthcare company swings to annual loss on lower PneumRx Coils sales
A look at some of the top risers and fallers in London on Tuesday
EasyJet boasts ‘excellent performance’ in interims as revenue passes £2bn
Excluding its Tegel airline, the group reported a headline pre-tax profit for the period of £8mln, up from a £212mln loss last year
Investments and investor services
FTSE 100 closes higher but miners hit by Chinese data
Around 3.20pm, the UK blue-chip index was up 17 points to 7,728
Archive
easyJet's losses expected to narrow on back of increased passenger loads
As well as easyJet, updates are expected from big names such as Vodafone, Land Securities and Hargreaves Lansdown.
Archive
Wide variety of blue-chip updates due in coming week - from Centrica to AstraZeneca
Week ahead includes updates from drugs giant AstraZeneca, mobile phones operator Vodafone Group, British Gas-owner Centrica, and postal delivery firm Royal Mail Group
Investments and investor services
Ryanair fancied ahead of ‘make or break’ summer - UBS analyst
Ryanair and EasyJet are among the Swiss bank's 'buy' stocks in the airline sector, which has overall "performed negatively".
ITV rises as strong online showing offsets weak TV ad market
Perhaps unsurprisingly in the age of Netflix et al, ITV Player is proving popular and companies are committing more of their ad budgets to online rather than TV
easyJet reports passenger growth in April despite French industrial action and adverse weather
The FTSE 100-listed firm said it carried 7.45mln passengers in April 2018, up from 7.1mln at the same time a year ago
Investments and investor services
FTSE 100 strengthens following wishy-washy US jobs data
It's the first Friday of the month, so naturally much of the attention was on the US non-farm payroll report.
Archive
HSBC to wrap up a busy two weeks of first quarter results from the major UK banks
Day-ahead includes first quarter updates from global lender HSBC PLC and British Airways-owner International Airlines Group PLC, plus the April US payrolls report
Archive
Asia to drive quarterly earnings growth at HSBC and Standard Chartered
Another busy week of earnings from FTSE 350 companies awaits
eBay shares jump after Morgan Stanley gives shares a double upgrade, raises price target
Shares were boosted to 'Overweight' from 'Underweight'
Royal Mail CEO said to be close to stepping down
Moya Greene has been the CEO of Royal Mail since 2010, after being recruited from the Canadian postal service, and led the group through privatisation in 2013
easyJet delivers passenger growth in March despite 'Beast from the East' cancellations
easyJet was forced to cancel more than 1,000 flights due to adverse weather conditions across Europe and a further 200 due to industrial action in France and Italy
Investments and investor services
FTSE 100 finishes lower as mining stocks retreat on Chinese tariff fears
Investors remain nervous over the prospect of an escalating trade war between the US and China but were somewhat placated by anaemic jobs growth in March in the US, which has made four rate rises this year less likely
FTSE 100 closes firmly higher despite disappointing service sector stats
The UK bluechip-benchmark closed over 165 points higher at 7,199, while the FTSE 250 added over 311 points at 19,576
Archive
British Airways owner IAG and rival easyJet expected to continue March airline traffic boost
The day ahead includes March traffic from blue chip airlines easyJet PLC and British Airways owner International Airlines Group PLC, plus a trading update from Electrocomponents PLC
Archive
Topps Tiles, IAG, easyJet, Electrocomponents and US jobs in focus after Easter break
The week ahead includes interims from Topps Tiles, traffic statistics from easyJet and IAG, a trading statement from Electrocomponents and the US non-farm payrolls report
Investments and investor services
FTSE 100 can’t hold gains and closes in red as sterling firms
Britain's blue-chip benchmark closed down over nine points, or 0.13% to 7,214..
easyJet reports growth in passenger numbers and says Tegel operations on track
Passenger numbers rose 4% to 5.5 million last month
Investments and investor services
Markets nervous ahead of Capita finals, is it ‘the next Carillion’?
Capita will be a focus on Thursday, others include Bovis House, Cobham, and National Express.
Archive
Housebuliders step up to the podium in busy week of corporate earnings
The week ahead includes a slew of full year results, including from Taylor Wimpey, Persimmon, GKN, Capita, AB Foods and WPP
easyJet flies more passengers in January but there are signs growth is starting to slow
The budget carrier flew 9.5% more people in the 12 months to January 2018, but that’s now three months in a row where annualised passenger growth has slowed
FTSE 100 clocks up 50 point gain despite strength of sterling
The dollar's revival did not last long, and although a weak dollar is regarded as being detrimental to the FTSE, the top-shares index still managed a 50 point gain
easyJet upgraded by Numis after first quarter revenue beats expectations
Numis has raised its earnings and revenue per seat forecasts for EasyJet
easyJet to deliver 'impressive' earnings growth, says analyst
Deutsche Bank and JP Morgan have raised their target price on easyJet after a well-received first quarter trading update
easyJet delivers strong quarter with revenue growth and purchase of Air Berlin assets
The budget airline expects to reach a series of milestones in 2018
Investments and investor services
FTSE 100 finishes higher but miners weigh
The pound is down 0.21% against the Euro and off 0.04% against the US dollar at the time of writing