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easyJet's shares soared after reporting a 10.5 per cent rise in third quarter revenue, boosted by an increase in capacity and growth in revenue per seat. ARM Holdings advanced after announcing a 26% increase in revenue in the second quarter. Glencore Xstrata edged higher as optimism on measures to
24 Jul 13 13:30Upbeat corporate earnings from a number of heavyweights and improving data in the Eurozone gave UK markets a boost on Wednesday morning, as traders shrugged off concerns about manufacturing activity in China. easyJet, ARM Holdings, Tate & Lyle, Kingfisher and Compass were all trading firmly higher
24 Jul 13 11:23Jefferies has kept its 'hold' rating for easyJet but said it expects analysts to raise profit forecasts for the budget airline this year after a decent third quarter. "Today's 3Q interim management statement confirms another solid summer in progress which we expect to drive consensus full-year prof
24 Jul 13 11:10Jefferies has kept its 'hold' rating for easyJet but said it expects analysts to raise profit forecasts for the budget airline this year after a decent third quarter. "Today's 3Q interim management statement confirms another solid summer in progress which we expect to drive consensus full-year prof
24 Jul 13 10:03Well-received updates and results from easyJet, ARM Holdings, Tate & Lyle, Compass and Kingfisher pushed the FTSE 100 firmly into positive territory on Wednesday morning, as markets shrugged off disappointing economic data from China. HSBC's flash China manufacturing purchasing managers' index (PMI
24 Jul 13 08:53* Q3 revenue up 10.5 pct to 1.14 billion pounds * Sees FY pretax at 450 mln stg-480 mln vs f'cast 433 mln * Shares up 6.4 pct after earlier hitting all-time high (Recasts, adds analyst comment, details, shares) By Rhys Jones LONDON, July 24 (Reuters) - EasyJet's Plc's st
24 Jul 13 08:50Travel and leisure shares rise 1.3 percent, the top performing sector in Europe, after easyJet reports a rise in revenue of 10.5 percent and lifts full-year guidance. The low-cost airline sees full-year pretax profit between 450 million and 480 million pounds, ahead of forecasts for a 433 m
24 Jul 13 08:21Markets are expected to open broadly flat on Wednesday with the mood likely to be cautious after an unexpected fall in Chinese manufacturing activity. City sources predict the FTSE 100 will open unchanged from yesterday's close of 6,611. Sentiment over China had been lifted yesterday after the co
24 Jul 13 07:42easyJet achieved a 10.5 per cent rise in third quarter revenue to 1.14bn pounds, bolstered by an increase in capacity and growth in revenue per seat. Europe's low-cost airline boosted its capacity by 3.6% and improved revenue per seat by 6.7% on a reported basis to £61.44 in the three months to end
24 Jul 13 07:04* Q3 revenue up 10.5 percent to 1.14 billion pounds * Sees FY pretax at 450 mln stg-480 mln vs f'cast 433 mln LONDON, July 24 (Reuters) - British budget airline easyJet issued stronger-than-expected full-year profit guidance and said it continued to add flights in markets where strug
24 Jul 13 06:57LONDON, July 24 (Reuters) - British budget airline easyJet posted a 10.5 percent rise in third-quarter revenue, helped by an increase in capacity. Europe's second-largest low-cost carrier on Wednesday said revenues rose to 1.14 billion pounds ($1.75 billion) in the three months to the end
24 Jul 13 06:12Worse-than-expected economic data from the US saw markets across Europe erase their earlier gains on Tuesday, as the FTSE 100 fell into the red despite a strong performance in the mining sector.. Home prices in the States continued to increase in May but at a worse-than-expected rate: the Federal H
23 Jul 13 16:28Mining stocks were among the best performing stocks on Tuesday as concerns over a 'hard landing' in China were eased by comments from the Premier and his second in command. Chinese Premier Li Keqiang is reported to have stood by the government target for economic growth of 7.5% in 2013 and assured
23 Jul 13 14:44A well-received trading update from Sage Group and strong gains in the mining sector lifted the FTSE 100 into positive territory on Tuesday morning, with sentiment lifted by reassuring comments about Chinese economic growth. Chinese Premier Li Keqiang is reported to have stood by the government ta
23 Jul 13 11:38(Corrects location of new runway in sixth paragraph) By Rhys Jones LONDON, July 23 (Reuters) - Gatwick airport laid out a cheaper and faster solution to London's passenger capacity crisis on Tuesday, outlining how a second runway at its south London site would cost just 9 billion poun
23 Jul 13 08:48
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