FTSE falters as easyJet slumps after profit warning

FTSE falters as easyJet slumps after profit warning
 

Britain's top shares index fell on Thursday, although it remained near record highs, with budget airline easyJet (EZJ.L) sliding lower after issuing a profit warning.
The blue-chip FTSE 100 index .FTSE closed down 0.5 percent at 6,999.96 points - still near its record intraday high of 7,122.74 points reached in April 2015.
EasyJet fell 6.9 percent after the company warned its profit would fall by more than 25 percent this year, saying security issues had dampened demand while low fuel prices meant there was more competition in the European short-haul market.
"We cut 2017 estimated... read more

 
6 October 2016 in World News, Views: 43
Source: Reuters
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