(ShareCast News) - Weak guidance and earnings from global tech giants Apple and Microsoft together with renewed heavy falls in the commodity space dragged on the top flight index. The FTSE 100 skidded lower by a hefty 1.5% or 101.73 points to reach 6,667.34, while the FTSE 250 ended the session down
Read more(ShareCast News) - London markets edged lower on Wednesday after the Bank of England's rate-setting meeting had investors fretting about inflation risks. As of 15:00, the FTSE 100 was trading 1.4% lower at 6,672. Leading the fallers was ARM Holdings, which dropped after the chip maker reported seco
Read more* Flights to beach resorts boost demand * Revenue better than company had forecast in May * Holiday Britons benefit from weaker euro (Adds analyst comment) By Sarah Young LONDON, July 22 (Reuters) - British low-cost airline easyJet forecast annual profit growth of up to
Read more(ShareCast News) - Easyjet shares were up 4.62% after the company said second half sales would spur a gain in full year earnings. The budget airline delivered mixed results in its third quarter update, reporting revenues down while passenger numbers were up. Total revenue was down 1% to £1.228m, co
Read more** Easyjet rises 4.7 pct after FY profits and guidance come in higher than expected ** FY pre-tax profit 660 mln pounds v 638 mln pounds expected by analysts ** Co guiding for 7 to 14 pct profit growth, back in line with analyst mean of c.10 pct ** Top riser on Stoxx 600 and amo
Read moreLONDON, July 22 (Reuters) - British low-cost airline easyJet guided to annual profit growth of between 7 percent and 14 percent, putting it on track at the mid-point to meet analyst forecasts for a 10 percent rise. Easyjet's guidance, its first on its full-year outcome, comes after Europe'
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