BERLIN, Nov 15 (Reuters) - British low-cost airline easyJet said it expected currency headwinds and measures to mitigate Britain's vote to leave the EU to hit earnings again in 2017 after reporting its first fall in annual profit in six years. For the 12-months to the end of September, eas
Read more(ShareCast News) - Budget airline EasyJet reported a drop in profit and revenue for the year to the end of September and cut its dividend as it took a hit from terrorist attacks and as the UK's decision to leave the European Union made the euro more expensive for British travellers over the summer.
Read more(ShareCast News) - Berenberg initiated coverage of EasyJet, Ryanair and International Consolidated Airlines Group as it took a look at the airlines sector. It started Ryanair at 'buy' with a €16.00 price target, noting it's the lowest-cost producer and clear structural winner in the European airline
Read more** The election of Donald Trump as US President means it is less likely that Norwegian Air will gain approval for its Irish-based unit to fly to the US, HSBC says ** "The prospects of Norwegian to secure approval for its UK and Irish subsidiaries to serve the US are dimmer today. However, i
Read more(ShareCast News) - Budget airline EasyJet said on Friday that passenger numbers rose last month, but the load factor dropped. Passenger numbers were up 6.9% from last October to just over 6.84m, but the load factor - which gauges how full the planes are - fell to 90.2% from 93.3%. On a rolling 12-m
Read more* FTSE 100 down 0.8 pct * Sterling surge dents demand for blue chips * Mid caps rally in biggest outperformance since 2009 * Mining stocks among biggest fallers (Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets) By Alistair Smou
Read more* FTSE 100 down 0.6 pct * Sterling surge dents demand for blue chips * Mid caps rally in biggest outperformance since 2009 * Mining stocks among biggest fallers (Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets) By Alistair Smou
Read more(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * FTSE 100 down 0.3 pct * Mining stocks among biggest fallers * Mid-caps rally, led by Inmarsat By Kit Rees LONDON, N
Read more(ShareCast News) - Peel Hunt downgraded Kaz Minerals to 'hold' from 'add' after its third-quarter production report but upped the price target to 275p from 200p as it took a look at the copper sector. It noted the shares are up 30% in the last month and 180% in the year to date. "While Kaz Minerals
Read more* Lufthansa cuts Q4 capacity plans by 1 percentage point * Lufthansa CEO says looking ahead with confidence to 2017 * Ryanair to start flying from Frankfurt next summer * Lufthansa shares flat, outperform blue chips (Recasts with Ryanair and Frankfurt announcement) By Vi
Read more(ShareCast News) - EasyHotel has signed a new franchise agreement for a hotel in Reading that will add 54 rooms to its network. The site, which is centrally located on Caversham Road, is an existing hotel that will be converted into an EasyHotel next year. Following the opening of the 107-room Easy
Read more(ShareCast News) - HSBC upped its ratings on budget carriers EasyJet and Ryanair on Wednesday as it took a look at European airlines. The bank upgraded EasyJet to 'buy' from 'reduce' and lifted the price target to 1,150p from 800p. It upgraded Ryanair to 'hold' from 'reduce' and raised the price ta
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