Member Info for TomBeef

The European Commission will reportedly detail its objections against International Consolidated Airlines Group’s ($IAG) second attempt to acquire Spanish carrier Air Europa in March, ahead of the June 7 decision deadline.

London’s Financial Times on Thursday cited people familiar with the matter as saying that the antitrust regulator is concerned that the deal will reduce competition in the Spanish market for both local and international flights.

The sources added that the commission finds the proposed remedies to be weak and that the current bid of the British airline holding company, which already owns Spanish flag carrier Iberia, is even more problematic due to Air Europa’s stronger financial position.

IAG’s February 2023 offer to buy the remaining 80% stake in Air Europa it does not hold for 400 million euros became the subject of an antitrust investigation by the commission in January 2024.

The European Commission declined to comment and IAG did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (GBP): £153.35, Change: £+2.40, Percent Change: +1.59%

$IAG

Source: MT Newswires

Conger2, I feel you! I also sold out at £2 and £2.90 on Rolls Royce and put that cash into IAG, and it’s not blinking moved.

Crikey, 26 minutes in and it hasn’t even moved.

There’s more action in a nuns bedroom than this share sometimes I tell you, still I’m holding and buying.

Cevodniya, don’t ask haha!

I made good money on Rolls Royce, about £30,000 profit in total, same for Menzies and Card Factory.

As for my current main holdings… I now own about half of ASOS with my mate Mike Ashley, a good amount in JD Sports, along with EasyJet and IAG.

Happy Birthday all the way from Sunny South Wales, Pat2014!

I don’t even own any Rolls Royce shares anymore, sold my 25,000 at £2.90, and invested elsewhere (I’m sure I’ll regret it) although I’m excited for you guys, and I’m excited to see how far this business has come! Come on 7am!

Dividend Summary

The next Easyjet plc dividend will go ex tomorrow for 4.5p and will be paid in 1 month.

EasyJet to fly back to FTSE 100 as Endeavour loses shine

Fraser increases again!

Sorry that should be “ 1st Feb 2024 “

Most Visited Fashion and Apparel Websites in United Kingdom - Last updated 1st Feb 2014

1 next.co.uk

2 marksandspencer.com

3 asos.com

4 shein.co.uk

5 vinted.co.uk

Easyjet ($EZJ) founder Stelios Haji-Ioannou called for a listing on the Nasdaq stock exchange in a bid to attract more investors towards the budget airline, The Dailymail reported Sunday.

Haji-Ioannou told the news outlet that the move would also boost Easyjet's valuation closer to rival Ryanair ($RYA), which is also listed on the Nasdaq exchange. He, however, further added that the decision would ultimately be up to Easyjet's management team.

London-listed Easyjet has a valuation of 4.2 billion pounds sterling, while Ryanair is valued at 19.6 billion pounds, according to the report.

Price (GBP): £561.00, Change: £-7.20, Percent Change: -1.27%

$EZJ $RYA

Source: MT Newswires

That’s a very valid and fair point southcoastbather.

I agree.

Sorry, 60 million ish shares are shorted, anyway! Exciting times coming for ASOS ;)

100m shares? I think you mean 600m+ they have to buy back ;)

1.27b shares in issue and the stocks shorted by 5% ish.

ASOS.com #24

Now that’s what I like to see ;) ASOS leading the way, just under Next.

Vol. Sold 55,735

Sold Value £222.83k

Vol. Bought 362,490

Bought Value £1.45m

FTSE 100 Live 14 February: ‘Inflation will be back below 2% in April’, shares higher

https://www.standard.co.uk/business/ftse-100-live-14-february-uk-inflation-cocacola-hbc-dunelm-bank-of-england-mortgage-interest-rates-b1138978.html

I’ve rather we reduce debt first, get it done! then receive a good healthy dividends in a few years time.

I wonder if we’ll have a Trading Announcement out of the blue tomorrow? It happened the day after the AGM in 2023…