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Share Price Information for easyJet (EZJ)

London Stock Exchange
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Share Price: 485.50
Bid: 486.10
Ask: 486.30
Change: 10.10 (2.12%)
Spread: 0.20 (0.041%)
Open: 473.00
High: 488.70
Low: 472.50
Prev. Close: 475.40
EZJ Live PriceLast checked at -

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Leave vote would have limited impact on FTSE, says SpreadCo analyst

Tue, 21st Jun 2016 13:12

(ShareCast News) - Although consensus is that the FTSE 100 will rally if voters in the UK opt to remain in the European Union on Thursday and sell off on a Leave vote, the overall impact of an exit on London stocks may be limited, said SpreadCo analyst David Morrison."The damage to the FTSE100 as a whole may be limited. Not only due to its weighting towards internationally-facing corporations, but also because any weakness in sterling will make these companies more competitive and thereby boost earnings."Of course there will be individual winners and losers and ultimately the overall effect on the FTSE100 could be limited due to its constituents having a heavy international (around 70%) exposure."He pointed out that the share prices of big multinationals that derive a large chunk of their revenue and earnings from outside the EU are likely to benefit from a Leave vote."Quite simply, money will flow from stocks with direct exposure to Europe to those more internationally facing," he argued.Pharmaceuticals such as AstraZeneca, GlaxoSmithKline and Shire, oil majors and miners are likely to benefit as could companies with low exposure to the EU such as Centrica and Prudential.However, airlines and tour operators may suffer a bout of selling first and questions asked later. Morrison highlighted EasyJet and Carnival as being at risk.Meanwhile, pure domestic players such as housebuilders and banks like Lloyds are also likely to suffer.As for the pound, Morrison said consensus was that GBP/USD would fall to between 1.1000 and 1.3000 in the event of a Leave vote. "Let's call it 1.2000 and let's assume cable is trading around 1.4000 ahead of the vote. That implies a decline of around 14%."In the event of a Remain vote, cable could surge to around 1.5000 initially. "If we again use 1.4000 as our pre-vote starting point, we're looking at 1.2000 on the downside and maybe 1.5000 to the up."
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26 Sep 2023 10:36

Rolls-Royce and EasyJet reach key milestone in development of hydrogen-powered engines

(Sharecast News) - Rolls-Royce and EasyJet achieved a new milestone in their combined efforts to develop hydrogen-fueled engines.

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25 Sep 2023 13:03

Rolls-Royce and easyJet progress with jet engine running on hydrogen

(Alliance News) - Jet engine maker Rolls-Royce Holdings PLC and airline partner easyJet PLC on Monday said their effort to build an aero engine that runs on green hydrogen achieved a milestone.

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21 Sep 2023 06:06

New easyJet recruitment drive tackles cabin crew stereotyping

(Alliance News) - A fresh campaign is being launched aimed at tackling outdated stereotyping of jobs in the airline industry.

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15 Sep 2023 07:54

LONDON BRIEFING: Games Workshop trades better than expected

(Alliance News) - Stocks in London are set to extend Thursday's gains at Friday's market open, with sentiment lifted further by the latest economic data from China.

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15 Sep 2023 06:21

Thousands impacted at Gatwick amid air traffic control staff shortages

(Alliance News) - Thousands of airline passengers have been impacted by cancelled, delayed or diverted flights due to a lack of air traffic control staff at Gatwick airport.

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6 Sep 2023 16:25

UK air traffic meltdown 'one in 15 million' event -NATS

LONDON, Sept 6 (Reuters) - An air traffic meltdown in Britain was caused by a "one in 15 million" event, the boss of traffic control provider NATS said, as initial findings showed how a single flight plan with two identically labelled markers caused the chaos.

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5 Sep 2023 12:44

Director dealings: Wetherspoon chair, easyJet director make purchases

(Sharecast News) - On the list of director purchases on Tuesday was pub chain JD Wetherspoon, after its outspoken chairman picked up almost a million shares.

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5 Sep 2023 11:49

Airbus, easyJet, Rolls-Royce join forces in UK on hydrogen-powered flying

LONDON, Sept 5 (Reuters) - Airbus, easyJet and Rolls-Royce have joined forces to try to position Britain at the forefront of hydrogen-powered aviation as the industry plots its course to decarbonisation.

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30 Aug 2023 09:53

UK air traffic control meltdown fault won't happen again - NATS

Head of air traffic control provider says issue fixed

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30 Aug 2023 08:21

Britain's air traffic control failure to cost airlines 100 mln stg -IATA head

LONDON, Aug 30 (Reuters) - The cost to airlines from Britain's air traffic control failure on Monday is likely to reach about 100 million pounds ($126 million), Willie Walsh, the head of global airlines group IATA told the BBC on Wednesday. ($1 = 0.7920 pounds) (Reporting by Sarah Young, editing by Elizabeth Piper)

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30 Aug 2023 07:45

UK air traffic control says problem which caused flight cancellations won't happen again

LONDON, Aug 30 (Reuters) - The disruption to flights into and out of Britain caused by a technical failure on Monday will not happen again after changes were made to the system, the head of the country's air traffic control group NATS said.

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29 Aug 2023 21:16

UK air traffic failure set to disrupt flights for days

Around 1,500 flights cancelled on Monday

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29 Aug 2023 11:51

LONDON MARKET MIDDAY: FTSE outperforms peers; housebuilders rise

(Alliance News) - The FTSE 100 was outperforming its European peers at midday on Tuesday, amid news that UK consumer price inflation is decelerating and the government is scrapping some rules to boost housebuilding.

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29 Aug 2023 09:03

LONDON MARKET OPEN: FTSE 100 catches up with bank holiday rally

(Alliance News) - Stock prices in London opened higher on Tuesday, as UK markets return from a long bank holiday weekend and news that UK shop price inflation decelerated in August.

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18 Aug 2023 11:18

Temple Bar laments "miserly" UK valuations but promises long-term wins

(Alliance News) - Temple Bar Investment Trust PLC on Friday said its net asset value saw a moderate half-year increase, and that its "fundamentally sound" portfolio will eventually bear fruit despite the tough backdrop.

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