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Showing results for Agras v. Iberia Lineas Aereas de Espaa, S.A.
...Analyst opinion continues to warm, with the current consensus of a cautious buy potentially being further upgraded.” Shares in M&S rose 5.5 per cent to 559.8p, their highest level since 2008....
...Last year it recorded a €613m operating loss because of Iberia’s poor performance, and the group’s operating cash flow fell 39 per cent to €471m....
...British Airways owner International Airlines Group posted a €997m loss for last year after taking a €343m impairment charge for its beleaguered Spanish subsidiary Iberia....
...The bad news is that the 2013 guidance comes with a big caveat – namely, that it is subject to the success of the restructuring plan at Iberia, the ailing Spanish flag carrier acquired by IAG two years ago...
...Iberia pilots, cabin crew and ground staff face 3,800 job losses under a new restructuring proposal by International Airlines Group, the carrier’s holding company....
...Hugo Tolomei, due to fly to Rio de Janeiro, said he had been waiting in Terminals 1 and 3 since Friday. On Sunday night he was offered a £5 voucher for food by Iberia staff....
...“While we don’t necessarily expect a repeat of 2008’s skyrocketing oil prices …the fact remains that fuel represents a big unknown that will impact our bottom line in the months to come.”...
...The name game Finally, take-off for the much-delayed British Airways/Iberia merger....
...Merger plans by British Airways and Iberia, the UK and Spanish flag carriers, consummated last week with a definitive agreement, reflect a sector in crisis....
...Greek banking stocks fell for a fifth-straight session after S&P also downgraded the banks to a junk rating....
...- A FTSE takeover target list in Markets Live. On FT.com, - Kraft given deadline for Cadbury bid. - IMF warns of further recession risks. - BA optimistic on sealing Iberia deal....
...In New York, the S&P 500 index was heading for an 11-month high, while Europe’s leading shares rose for a fifth day in succession....
...His knowledge of Iberia – he was a board member between 2005 and 2007 – and his enthusiasm for a fresh challenge after time off made him an ideal candidate....
...Analysts were critical of M&S’s move to classify £570m of pension fund debt as equity....
...BA is rated triple B minus by S&P, a notch above junk bond status....
...that was Terminal 5′s opening and rising fuel costs....
...BA, T5’s sole tenant, is clearly making a virtue of necessity. Domestic and international customers, separated up to now, will be able to mingle before boarding....
...“Everyone who wants to make a quick buck is going into oil stocks,” said Christine Tiscareno, an equity analyst at S&P....
...Iberia, led by private equity firm Texas Pacific Group....
...He is a member of an elite corps of civil servants known as abogados de estado (state lawyers), and was a director of state assets at the finance ministry in the mid-1990s....
...“On balance, we think a bid for Iberia its unlikely,” analyst Samantha Gleave wrote....
...cent higher at SKr108.00 and Iberia 1.1 per cent stronger at €2.81....
...London Stock Exchange was the FTSE 250’s biggest faller....
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