Ryanair, EasyJet ‘buys’ ahead of travel easing, says HSBC

Ryanair, EasyJet ‘buys’ ahead of travel easing, says HSBC

Newsflow on travel reopening is likely to drive low-cost airline shares higher says HSBC, which has moved Ryanair PLC (LON:RYA) and easyJet PLC (LON:EZJ) on to its buy list. While travel has lagged the reopening progress elsewhere, HSBC sees that changing as the EU has now agreed on …

MediaZest higher after contract with jeweller Vashi

MediaZest higher after contract with jeweller Vashi

ReNeuron Group PLC (LON:RENE) rose 8% to 127p at lunchtime after an investor upped their stake. Richard Griffiths and controlled undertakings now own 8% of the clinical-stage stem cell business, from 7.15% previously. 12pm: MediaZest higher after contract with jeweller Vashi MediaZest Plc (LON:MDZ) …

boohoo shares now looking cheap, says broker

boohoo shares now looking cheap, says broker

boohoo Group PLC’s (LON:BOO) shares “appear cheap” at their current levels as the company continues in efforts to fix issues with its supply chain, according to analysts at Liberum. In a note on Friday, the broker upgraded the online fashion giant to ‘buy’ from ‘hold’ and retained their …

HSBC upgraded as JP Morgan sees interest rate tide turning

HSBC upgraded as JP Morgan sees interest rate tide turning

HSBC PLC (LON:HSBA) has been upgraded by analysts at US bank JP Morgan, who see the interest rate environment swinging in its favour. The US bank says HSBC and also Asia-focused rival Standard Chartered PLC (LON:STAN) are both sensitive to short-term rates in the US and Hong Kong …

Investor revolt looms at boohoo AGM over ESG concerns

Investor revolt looms at boohoo AGM over ESG concerns

boohoo Group PLC (LON:BOO) is facing a potential bust-up with some of its investors when the fast fashion giant holds its AGM later today. The main point of concern among shareholders appears to be progress made in the company’s ESG agenda and whether top executives are doing enough …