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Monte dei Paschi shares suspended after Italian bank fails EU stress test

first_imgMonday 27 October 2014 9:55 am Monte dei Paschi shares suspended after Italian bank fails EU stress test Shares of Italy’s third largest bank Monte dei Paschi di Siena were suspended this morning, after plummeting on the back of the news it had failed the EU-wide stress test.  Monte dei Paschi’s share price fell around 15 per cent this morning before shares were suspended.  This is the second time in a month authorities have had to intervene within trading in the troubled bank. Two weeks ago short selling was banned for a single day after its share price fell more than 14 per cent to the lowest level since it went public in 1999. Monte dei Paschi was one of nine Italian banks to fail the stress test, carried out by the European Central Bank, it emerged on Sunday.  The test found that the bank – the world’s oldest – had a €2.1bn funding shortfall, meaning it could now seek a merger or takeover. It has reportedly already received bids, and has reportedly hired UBS and Citigroup to advise.  In total 25 banks failed the test, but all the UK banks tested have passed. The aim of the tests was to assess the resilience of EU banks to adverse economic developments and determine whether they could withstand another financial crisis.    whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comYahoo! SearchResearch Car Donation For CharitiesYahoo! SearchThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar Programinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirror Share whatsapp Tags: NULL Catherine Neilan Show Comments ▼last_img read more

Balfour Beatty share price rises after Parsons Brinckerhoff deal gets shareholder thumbs up

first_img Tags: Balfour Beatty Company Balfour Beatty’s share price rose this afternoon, following the news it had received shareholder approval to sell off its design consultancy arm Parsons Brinckerhoff. The construction company secured 93 per cent of votes cast at a general meeting today for the deal to go ahead. Shares rose more that 1.2 per cent on the back of the vote.  Parsons Brinckerhoff is being sold to Canadian group WSP Global for around £820m, with some £200m being returned to shareholders and £85m going towards reducing its pension deficit.  Balfour Beatty bought the smaller firm in 2009 for £382m.  The deal, which had been instrumental in the £2.1bn Carillion takeover being rejected by Balfour Beatty, will be completed “shortly” according to today’s statement.  Executive chairman Steve Marshall said: “This sale represents a significant return on Balfour Beatty’s investment and a compelling level of value creation for shareholders.  Balfour Beatty is now a simpler, stronger and more focused business, and with Leo Quinn joining as new chief executive in the New Year the business is well positioned for the future as the construction and infrastructure markets develop. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoElvenarAdvertisement #StayAtHome and Play this Fantasy Game. No Install.ElvenarUndo Share Catherine Neilan Show Comments ▼ Tuesday 28 October 2014 9:26 amcenter_img whatsapp Balfour Beatty share price rises after Parsons Brinckerhoff deal gets shareholder thumbs up whatsapp More From Our Partners Fans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comColin Kaepernick to publish book on abolishing the policethegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKansas coach fired for using N-word toward Black playerthegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com last_img read more

How a single comment cost Royal Bank of Canada millions of dollars in fees from Alibaba’s IPO

first_imgWednesday 29 October 2014 6:50 am How a single comment cost Royal Bank of Canada millions of dollars in fees from Alibaba’s IPO whatsapp Show Comments ▼ Share Lynsey Barber whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar Programinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekFreight & Shipping Quotes | Search AdsResearch & Compare Freight & Shipping QuotesFreight & Shipping Quotes | Search AdsEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirror Tags: Alibaba IPOs One banker will be keeping his or her mouth shut for a while to come after, let’s say a slight snafu, ended up costing their employer millions of dollars.The loose-lipped, unnamed banker at Royal Bank of Canada apparently let slip a comment about Alibaba during a webinar. No biggie, surely – unless the bank you work for happens to be working on Alibaba’s $25bn IPO… The “inadvertent” comment cost RBC a slice of the $300m in fees due to be shared among banks working on the biggest ever IPO.Although the banker wasn’t working on the deal, the bank decided to withdraw from it anyway, because it “puts clients first”.In a statement, RBC said: “An employee unrelated to the Alibaba IPO process inadvertently made a comment about the transaction on an industry webinar during the period leading up to the offering. Consistent with our core values of putting our clients first and out of an abundance of caution, we voluntarily chose to withdraw from the IPO transaction. The comment did not impact the offering, and our decision to withdraw in no way reflects on either Alibaba or the IPO transaction.”For its part, Alibaba said it was informed, and that it appreciated RBC’s “integrity and for being an excellent partner during the IPO process”.As the Wall Street Journal says: “The first rule of IPOs is: You don’t talk about IPOs”. It also estimates the fee RBC missed out on was around $2.5m, rather than the near $50m for the five lead banks on the deal. At least we now know the price of integrity in banking.  last_img read more

Snapchat hits $12bn value in latest funding

first_img Snapchat hits $12bn value in latest funding Sunday 9 November 2014 11:44 pm whatsapp whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Oliver Smith center_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorLoan Insurance WealthDolly Parton, 74, Takes off Makeup, Leaves Us With No WordsLoan Insurance Wealthinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.com Share PHOTO messaging app Snapchat is currently fundraising at its highest ever valuation of up to $12bn (£7.5bn) according to reports.The startup, which was launched in 2011 by three Stanford University students, has virtually no revenue, but is in talks with a number of potential investors, including Yahoo, Kleiner Perkins Caufield & Byers and others, according to The Sunday Times.Talks are said to be ongoing and could value Snapchat at between $10bn and $12bn.Last month, it was first reported that Yahoo was looking to take a stake in Snapchat.The company recently landed a $5bn windfall after selling part of its stake in Chinese e-commerce giant Alibaba when the firm floated with a $231bn valuation.An investment in Snapchat would help the ageing internet portal tap into mobile technology and step up its exposure to a younger audience.Last year Snapchat raised funding at a valuation north of $2bn and rejected a $3bn acquisition offer from Facebook. Snapchat did not respond to requests for comment. Tags: NULLlast_img read more

Autumn Statement 2014: £2bn cash boost for NHS is not enough, says Labour

first_imgSunday 30 November 2014 11:54 pm Tags: Autumn Statement 2015 NHS Chancellor George Osborne announced a £2bn boost to NHS spending yesterday, ahead of formal plans which will be set out in the Autumn Statement. However, Labour hit back almost immediately, arguing that the extra cash is nowhere near enough to plug a hole in the healthcare budget. Speaking on the Andrew Marr show yesterday the chancellor said the money was a “down payment” following calls from NHS bosses to pump an extra £8bn into the service by 2020. £1.3bn of the planned spend is new money, paid for by cutbacks in other government departments, with £700m coming from reallocated health spending already sitting in Department of Health coffers. Osborne offered up an additional boost by pledging to spend the £1.1bn fines recouped by the Treasury following the foreign exchange rate manipulation scandal to pay for improvements in GP surgeries over the next parliament. “Because we have a strong economy and we’ve got the public finances under control, we can afford to put £2bn into the frontline of the NHS across the United Kingdom. This is a down-payment on the NHS’s own long-term plan and it shows you can have a strong NHS if you have a strong economy,” Osborne told the BBC yesterday. Labour shadow chancellor Ed Balls hit back, pledging to match the chancellor’s spending commitment and put an additional £2.5bn into the NHS if his party is elected next year, paid for by a mansion tax on properties worth over £2m. The NHS has long been a battleground between the two main parties, but the argument over where much-needed extra cash will come from has been hotting up ahead of the Autumn Statement. Both Labour and the Liberal Democrats had called on Osborne to promise an extra £1bn for the service, a target which he says he has met and doubled. More detail on how the plans will work will be set out this week. Kate McCannKate McCann is a reporter at City A.M. She covers politics and insurance and can be contacted at [email protected] Show Comments ▼ Autumn Statement 2014: £2bn cash boost for NHS is not enough, says Labour whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef PickFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For Seniors Share whatsapplast_img read more

“Wintry mix” of snow, sleet and rain to hit London this weekend

first_img Share Catherine Neilan Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailHealth Gut BoostRandy Jackson: This 3 Minute Routine Transformed My HealthHealth Gut Boostzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online GamePast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factory whatsapp “Wintry mix” of snow, sleet and rain to hit London this weekend center_img whatsapp Friday 16 January 2015 5:33 am You might want to wrap up warm this weekend. The Met Office is warning that Londoners could see “a wintry mix of rain, sleet and snow”.  From Saturday morning, the unholy trinity will spread across Greater London, Buckinghamshire, Milton Keynes and Oxfordshire. Between two and four centimetres of snow is expected in areas that are 200 metres above sea level, the weather forecasting centre said today.  It warned of “the risk of some difficult driving conditions”, as icy patches form on untreated surfaces.  The chief forecaster said: “A weak occluded front will come east, associated precipitation falling into air which has cooled during the preceding night to bring a wintry mix of rain, sleet and snow.   Tags: UK weather Show Comments ▼last_img read more

Demand for engineers leads to hiring growth

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap whatsapp Share Tags: NULL whatsapp Demand for engineers leads to hiring growth Show Comments ▼center_img Express KCS by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online GamePost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost Fun THE JOB market is booming, new survey data shows.Professional recruitment firms have 29 per cent more vacancies than this time last year, according to figures released today by the Association of Professional Staffing Companies (Apsco).The biggest jobs growth was in engineering with a 53 per cent increase in the number of permanent vacancies. Strong growth was also seen in finance and accounting, IT and media and marketing which saw gains of 16, 31 and 15 per cent respectively. Pay growth across all professional sectors was three per cent year-on-year.“As we enter 2015, it is clear that the upsurge in vacancies we have recorded throughout the past 12 months is a real indicator of sustained economic stability,” said Apsco chief executive Ann Swain. Sunday 18 January 2015 11:11 pmlast_img read more

UK has the most transparent government in the world

first_img Share Show Comments ▼ UK has the most transparent government in the world  Of all the countries in the world, the UK has the most open and transparent government when it comes to public data access.  With a “transparency” score of 100, a report compiled by the World Wide Web Foundation found it came top of a list of 86 countries for the second year running.  The foundation, set up by internet founder Tim Berners-Lee, considers the three categories of open data readiness, implementation and impact when it decides on what score to give a country.  The countries included span the developed and developing worlds, as well as countries constrained by their governments.  Behind the UK came the US and then Sweden, with scores of 92.66 and 83.7 respectively. Compared to the UK, the Republic of Ireland came surprisingly low in 31st position – two places lower than last year and the bottom European country.The least open governments in the developed world are Singapore, with a transparency score of 46.06, Iceland with a score of 46.57, and Belgium with a score of 47.29.At the bottom of the whole table are Mali, Haiti and Myanmar, also known as Burma, are at the bottom of the table. But the success of the UK is as much as reflection of the lack of transparency elsewhere as it is about the extent of transparency in the UK. “This second edition of the Open Data Barometer shows that there is still a long way to go to put the power of data in the hands of citizens,” the report says. 90 per cent of countries surveyed had not released data that could help beat corruption and improve government services according to the report, and despite pledges by the G7 countries to boost transparency by making government data “open by default”, almost half of the G7 countries are still not publishing the key datasets they promised to release in 2013. Commenting on the report’s findings, Sir Tim Berners-Lee, Web inventor and founder of the Web Foundation, said:Governments continue to shy away from publishing the very data that can be used to enhance accountability and trust” and highlighted the power of open data “to put power in the hands of citizens. More From Our Partners Colin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKansas coach fired for using N-word toward Black playerthegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.com whatsappcenter_img Tuesday 20 January 2015 5:20 am whatsapp Sarah Spickernell Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUndoBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUndoVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online GameUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndo Tags: NULLlast_img read more

EasyJet share price takes off as first-half losses narrow amid positive autumn

first_imgTuesday 27 January 2015 2:52 am THE FIGURESIt’s a good start to the year at EasyJet, as numbers for the first quarter are taking off, sending shares up by more than three per cent on the open.Passenger numbers were up 4.1 per cent to 14.9m, seats flown grew 2.6 per cent to 16.6m and load factor increased one per cent to 89.7 per cent. Revenue per seat came in at £56.16, up 0.8 per cent, or 3.7 per cent on a constant currency basis.That took total revenue to £931m, up by £34m.The budget airline expects to narrow its losses in the first half of the year as a result, to between £10m and £30m compared to the £53m losses in the first half of last year.WHY IT’S INTERESTINGEasyJet continues to perform strongly in a competitive environment, remaining on its toes against rivals such as Ryanair. A strong autumn, a traditionally quieter season, has set it on course to reduce losses for the first half. A large part of that – estimated to be between £30m and £35m in the first six months – is down to saving from a cheaper fuel bill. For the year, that’s expected to come in at savings of between £90m and £130m for the year compared to last.WHAT EASYJET SAIDChief executive Carolyn McCall said: “EasyJet has made a good start to the year by continuing to deliver its strategy of making travel easy and affordable for passengers. We enjoyed a strong October across the network – particularly on UK leisure flights to beach destinations and on French domestic routes where we continued to build passenger numbers after a busy September.“We further strengthened our network in the quarter adding around 500,000 seats, the majority of which are from airports where easyJet has a number one or number two position. This combined with our new TV ads aimed at business travellers enabled easyJet to sell record numbers of seats to business travellers in the first quarter.”EasyJet is well positioned to continue to deliver returns and growth to shareholders.”IN SHORTWith a solid start, fuel savings are likely to help keep EasyJet on course . Lynsey Barber whatsapp Show Comments ▼ whatsapp Tags: Company easyJet by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online GameBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider Share EasyJet share price takes off as first-half losses narrow amid positive autumn last_img read more

Indivior share price hit as US rivals hurt profits

first_img Tags: Company Indivior whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Shares at Indivior crumbled during yesterday’s trade but recovered to be down only 2.4 per cent. The FTSE-listed company which specialises in the production of Suboxone, a substitute used by recovering heroin addicts, was spun off last December from Reckitt Benckiser – the Slough-based health giant whose brands range from Dettol to Durex. The company saw increasing competition in the US eat away at its commanding market share, which declined from 67 per cent to 58 per cent on the year, combined with the increasing costs of R&D to ensure a sharp fall in full-year profit of 16 per cent to $586m.Revenues also declined on an adjusted basis to $1.1bn, down eight per cent on the previous year. Net income guidance stayed in a range of $130m to $155m for the year.Chief executive officer Shaun Thaxter, said he was confident the opportunity for the company “grows more exciting every year.” Indivior share price hit as US rivals hurt profits Sharecenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldLivestlyThe Best Redhead Actresses, RankedLivestlyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinition Wednesday 11 February 2015 8:47 pm Show Comments ▼ whatsapp Express KCS last_img read more