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Top UK Stocks to Watch: IHG expects recovery to gain momentum


Top UK Stocks to Watch: IHG expects recovery to gain momentum
Joshua Warner
May 7, 2021 9:01 AM
IHG hopes to be on the road to recovery, IAG calls for governments to do more to let international travel resume, St Modwen shares jump following a takeover offer, AstraZeneca sees positive results from its lung cancer trial, and three companies prepare to IPO in London.
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Top News: IHG sees pick-up in demand in Americas and China
InterContinental Hotels Group said it saw a significant improvement in demand in March and April, led by improvements in the Americas and China, and said it expects momentum to build this year as the world comes out of the pandemic and ease restrictions. ....

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TOP NEWS SUMMARY: British Airways And Iberia Parent Posts Massive Loss


TOP NEWS SUMMARY: British Airways And Iberia Parent Posts Massive Loss
Fri, 26th Feb 2021 11:41
(Alliance News) - The following is a summary of top news stories Friday.
COMPANIES
International Consolidated Airlines swung to a huge loss for 2020, as it flew just 34% of 2019 s passenger capacity last year. Current plans for the first quarter of 2021 is for capacity of 20% of 2019 levels, IAG said, but this remains uncertain and subject to review . Total revenue for 2020 slumped 69% to EUR7.81 billion, while IAG swung to a hefty pretax loss of EUR7.81 billion from a EUR2.28 billion profit in 2019. The parent of British Airways, Iberia and Aer Lingus turned to an operating loss of EUR7.43 billion from a EUR2.61 billion profit. Before exceptional items, the operating result was a EUR4.37 billion loss, slightly better than the EUR4.45 billion loss forecast by analysts, but swung from a EUR3.29 billion profit in 2019. Our results reflect the serious impact that Covid-19 ....

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TOP NEWS SUMMARY: UK To Ease Virus Lockdown As US Nears 500,000 Deaths


TOP NEWS SUMMARY: UK To Ease Virus Lockdown As US Nears 500,000 Deaths
Mon, 22nd Feb 2021 11:36
(Alliance News) - The following is a summary of top news stories Monday.
COMPANIES
The US Federal Aviation Administration ordered extra inspections Sunday of some Boeing 777 passenger jets, after a United Airlines flight suffered engine failure a day earlier, scattering debris across a Colorado community. FAA Administrator Steve Dickson said the order meant some 777s would likely be removed from service. He had consulted with his team of aviation safety experts after Saturday s engine failure aboard a Boeing 777 airplane shortly after it took off from Denver. I have directed them to issue an Emergency Airworthiness Directive that would require immediate or stepped-up inspections of Boeing 777 airplanes equipped with certain Pratt & Whitney PW4000 engines, Dickson said in a statement released on Twitter. A video shot from inside the aircraft – which had 231 pas ....

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UK WINNERS & LOSERS SUMMARY: Cairn Jumps On USD1.2 Billion Dispute Win


UK WINNERS & LOSERS SUMMARY: Cairn Jumps On USD1.2 Billion Dispute Win
Wed, 23rd Dec 2020 10:35
(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.
FTSE 100 - WINNERS
International Consolidated Airlines, up 1.9%. Europe on Wednesday began lifting travel bans on Britain put in place to contain a new fast-spreading Covid strain. France was reopening cross-border travel with Britain Wednesday but a negative Covid-19 test will be required, while the Netherlands also said it was lifting its ban beginning Wednesday but noted that all passengers, including EU citizens, must have a recent negative test to enter. ....

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UK WINNERS & LOSERS SUMMARY: Travel, Retail Firms Dive On Tier 4 Rules


UK WINNERS & LOSERS SUMMARY: Travel, Retail Firms Dive On Tier 4 Rules
Mon, 21st Dec 2020 10:38
(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.
FTSE 100 - WINNERS
Ocado, up 4.1% and Just Eat Takeaway.com, up 3.0%. The two stocks - both involved in the business of delivering food, the former an online grocer and the latter a takeaway platform - are poised to gain from tighter restrictions in the UK. On Saturday, UK Prime Minister Boris Johnson announced that from Sunday, areas in the South East currently in Tier 3 will be moved into a new Tier 4, effectively returning to the lockdown rules of November, after scientists said a new coronavirus variant is spreading more rapidly. Non-essential shops, gyms, cinemas, hairdressers and bowling alleys have been forced to close for two weeks – with people being restricted to meeting only one other person from another household in an outdoor public spa ....

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