Company
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.
724 stories · page 17 of 37
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
May said should no revised deal be ready for a vote by 27 February, a further amendable motion would be tabled
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
Britain's blue-chip index closed over 58 points lower at 6,642, while the FTSE 250 was also down
Archive
Top laggard on Footsie was oil services giant Wood Group, which shed 4.09% to 524.80p
Archive
Dixons Carphone and Cairn Energy will be among Tuesday's highlights.
Investments and investor services
The UK's blue-chip index finished down nearly seven points at 6,96, while FTSE 250 was also lower
Investments and investor services
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
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
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
"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
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
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”
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 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
If you are long blue-chip equities, the trend has not been your friend today
Archive
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
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
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
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.
