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easyJet Shares News & Articles

UK stocks tumble as investors fear new China outbreak could hit growth, EasyJet upbeat

UK share prices opened firmly on the back foot in early trade on Tuesday as investors feared the possible spread of the corona virus, which broken out in China, could hit growth forecasts there and elsewhere. The worry is that this could turn out to be a new SARS-type virus, which affected millions of Chinese nationals and overseas travellers, sparking huge disruption to global trade. While ...

Market report: Easyjet up despite 26% profit fall, AO World soars on reduced losses

The FTSE 100 got off to a strong start on Tuesday as the prospect of a majority Conservative government increased. Seen as more business friendly, the Tories have a 10 percentage point lead over Labour, according to the latest ICM opinion poll. The latest survey results also boosted the pound. While that is usually unhelpful for the export-heavy FTSE 100, the UK’s benchmark index jumped ...

Market Report: Thomas Cook collapses as emergency funding talks fail - TUI, Dart and others rally in response

The collapse over the weekend of package holidays firm Thomas Cook (TCG) dominates market talk in early trade on Monday as the 178-year old business falls into liquidation after emergency funding talks broke down. Shares in the business are immediately suspended at the 3.45p level that they closed on Friday, although investors have effectively been treating the equity as worthless for ...

Market report: Pub group EI soars on takeover but online fashion retailer ASOS plunges on profit warning

UK corporate news is dominated on Thursday by takeovers and profit warnings as FTSE 250 pubs chain Ei Group (EIG) and one-time online fashion superstar ASOS (ASC:AIM) hit the headlines. Shares in the UK's largest pubs chain Ei soared more than 39% to 286p in early trade as investors react to an agreed takeover deal from Slug & Lettuce pubs owner Stonegate Pub Company. Controlled by ...

Ryanair shares rally despite cuts to routes and lowered growth ambitions as 737 MAX delays hit home

Ryanair (RYA) has become the first major airline to bite the bullet from the grounding of Boeing’s 737 MAX jets and scale back its growth plans. Despite the growth dent, the market has responded somewhat positively to Ryanair’s announcement with its shares up 1.6% to €10.25. SUMMER GROWTH SCALED BACK The low-cost Irish airline said it expects to get only 30 of the 58 jets it ordered ...

Market report: Babcock takeover rebuffed, Kier rethinks strategy as airlines come under Lufthansa pressure

UK investors begin the week with takeover talk to digest after defence contractor Babcock (BAB) admits it turned down approaches of a tie-up from outsourcing peer Serco (SRP). There is also a strategy overhaul reported by troubled construction firm Kier (KIE) and a profit warning from German airline Lufthansa to mull, the latter hurting UK listed airlines that have been struggling with rising ...
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