Hints and tips:
...“This is a market that will be supply-constrained for many years,” says Edison Yu, an analyst at Deutsche Bank....
...“The porcine grunting of hippos,” he writes, “is a sleep therapy that I swear is more effective than any crashing waves or New-Age tinkling bells”....
...Shares in low-cost carrier easyJet dropped 5.9 per cent, British Airways owner IAG slid 2.9 per cent and Deutsche Lufthansa declined 1.8 per cent....
...Russ Mould at AJ Bell noted the factors at play were not new and that the cut in outlook suggested “life is getting even tougher for the airlines”....
...Rotork has the single largest exposure in our coverage (~50% v 60% in 2014 though)....
...Deutsche Lufthansa helped lift the European airline sector after its quarterly earnings beat expectations and came with an unchanged outlook, in spite of recent disruption from air traffic control strikes...
...” ● In brief: Deutsche Bank raises Pennon to “buy”; UniCredit is upgraded to “overweight” at Barclays; Acciona upgraded to “buy” at Goldman; Macquarie raises CYBG to “outperform”; UBS raises Lufthansa to...
...The shares are down 5 per cent at publication time to €7.30, having initially enjoyed a boost shortly after the opening bell....
...And it is unclear how much of a boost the commercially successful Batman v Superman which released in the last week of March would provide....
...Shares in the French oil and gas group fell by as much as 7.1 per cent immediately after the US opening bell before paring losses slightly to close down 6 per cent at €38.56....
...That said, a new bad bank would require a fresh government guarantee, which would set alarm bells ringing in Brussels and Whitehall....
...Amadeus, which was spun out of four European airlines in 1987 and is still 47 per cent-owned by Iberia, Lufthansa and Air France-KLM, is planning an initial public offering....
...“The [US] equity market is priced for a V-shaped earnings recovery but there is concern about the unemployment rate rising further.”...
...While some equity research touts a V-shaped recovery for the economy, bond investors believe the economy will only derive a short-term boost from the replenishment of inventories....
...Alain Ducasse, the French super chef, is overseeing the revamp of the kitchens at the old Dostyk hotel, whose cooks are being trained at the George V and Plaza Atheneein Paris....
...One difference from the first case is that Mr Ackermann has stepped down from the boards of Lufthansa and Linde, freeing time....
...“Mediaset is still trading at a significant discount to its peers,” said Nicholas Bell at Bear Stearns....
...He turned his hand to counterterrorism in the mid-1970s, when airline hijackings were almost as prevalent as beige and bell-bottoms....
International Edition