(Alliance News) - Stock prices in London opened mostly lower on Wednesday, while Melrose Industries bucked the down trend by announcing a substantial cash return to shareholders. Read More
(Alliance News) - Stock prices in London were seen opening higher on Wednesday following an upbeat finish in New York on Tuesday, even as the World Bank lowered its global economic forecast. Read More
(Alliance News) - Equities in London had a buoyant start to the week after a four-day break, with oil majors and miners leading the gainers amid optimism over easing Covid rules in China. Read More
(Alliance News) - Wizz Air Holdings PLC on Monday reported higher passenger numbers for May than it carried before the pandemic. Read More
(Alliance News) - CRH on Monday said it has agreed to buy Barrette Outdoor Living, an Ohio-based maker of residential fencing and railing, for an enterprise value of USD1.9 billion. Read More
(Alliance News) - Stocks in London ended higher on Monday as investors welcomed an easing of Covid containment measures in Shanghai and Beijing. Read More
(Alliance News) - The shortened trading week in the UK was off to a smooth start, with the FTSE 100 largely directionless in midday trade, as investors breathe a sigh of relief following China's move to ease stringent Covid restrictions in Beijing and Shanghai. Read More
(Alliance News) - Royal Mail PLC on Thursday reported a drop in annual profit and warned of a "downside risk" to consensus expectations for the year ahead. Read More
Wizz Air Holdings PLC - Budapest-based budget airline - Intends to file an application for its subsidiary in Malta to be granted an air operator's certificate and an operating license with the EU Aviation Safety Agency and Malta Civil Aviation Directorate respectively. Will form a new airline subsidiary in Malta, Wizz Air Malta, and operations could start in October. Read More
(Alliance News)- Wizz Air Holdings PLC said on Tuesday it signed a memorandum of understanding with the Ministry of Investment of Saudi Arabia in bid to explore airline market development opportunities. Read More
(Alliance News) - The FTSE 100 was marching higher on Tuesday morning with a broad-based rally leaving only a handful of stocks in the red. Read More
(Alliance News) - Stocks in London were pointed to open higher on Tuesday, shaking off a heavy rout in New York on Monday, as investors worry about rising interest rates, China's strict Covid lockdown measures, and the looming risk of recession. Read More
(Alliance News) - International Consolidated Airlines Group SA on Friday promisingly said it expects to post its first post-pandemic annual profit, though a plan to moderate capacity growth plans was a sticking point for investors. Read More
Wizz Air Holdings PLC - Budapest-based budget airline - Carries 3.6 million passengers in April, multiplying from just 953,094 in the pandemic-struck April a year ago and up 44% from March this year. Wizz says its load factor in April is 83.4%, up from 59.2% a year ago but down from 86.2% in March. On a rolling 12-month basis, Wizz Air carries 30.1 million passengers, nearly triple the 10.7 million a year before, with a 79.3% load factor, up from 63.6%. Wizz notes it added to its network last month, buying two daily slot pairs at London Luton Airport from Vueling, part of International Consolidated Airlines Group SA. It also launched its new base at Cardiff Airport in Wales, with nine new routes. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Friday: Read More
(Alliance News) - A potential tie-up between easyJet PLC and Wizz Air Holdings PLC is something that may need to be "re-visited", analysts at Davy said on Monday, with the duo not having enough firepower alone to compete with Ryanair Holdings PLC. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - European equities grew in confidence on Thursday, helped by a dovish European Central Bank, while in New York, headlines were dominated by banking earnings and a hostile attempt by Tesla boss Elon Musk to acquire all of microblogging platform Twitter. Read More
(Alliance News) - Trading remained cautious in Europe at midday on Thursday, with an equally indifferent open seen in the US, as investors remained in 'wait and see mode' ahead of the European Central Bank and a glut of US bank earnings. Read More