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London pre-open: FTSE set for flat start

Fri, 06th Jan 2012 07:37

City sources are once again predicting a flat start for the FTSE 100, which looks set to open barely 10 points up from yesterday's close of 5,624, buoyed slightly by a strong close to US trading last night. No-frills airline easyJet saw a sharp year-on-year increase in the number of passengers carried in December, helped by the absence of severe weather conditions this time round. The number of passengers carried rose 13.1% to 4.14m from 3.66m in December 2010. The load factor eased, however, to 85.6% from 85.8% the year before.Underlying passenger numbers (adjusting for disruption) were 4% higher in December 2011, while underlying load factor was one percentage point up on last year.Longmartin Properties, a 50/50 joint venture between real estate investment trust Shaftesbury and the Mercers' Company, has tapped up Aviva Commercial Finance for a 15-year loan. The facility is for £120m and is at a fixed rate of interest of 4.43%. Longmartin will remit the proceeds of the loan after expenses to its shareholders through the repayment of loans and share capital.David McKinney, Chief Operating Officer of Pace, is to leave the set-top box maker after his position disappeared in a management restructuring.NR
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LONDON MARKET OPEN: FTSE 100 Bounces As Focus Turns To US Fed Meeting

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LONDON MARKET PRE-OPEN: SEGRO Ups Fundraise Size; Restaurant Group CVA

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10 Jun 2020 07:05

Shaftesbury warns on rents as portfolio value drops

(Sharecast News) - Shaftesbury warned that at least half its rent could go uncollected in the second half as the London West End property company reported a drop in the value of its portfolio as the Covid-19 crisis struck.

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3 Jun 2020 16:12

UK Earnings, Trading Statements Calendar - Next 7 Days

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1 Jun 2020 09:04

TOP NEWS: Capital & Counties Buys 26% Stake In Shaftesbury

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1 Jun 2020 08:20

UPDATE 2-Property firm Capco buys HK tycoon's stake in London rival Shaftesbury

* Capco buys Samuel Tak Lee's 26.3% stake in Shaftesbury* 'We consider acquisition a shrewd move' - analysts* Tak Lee withdraws legal proceedings against Shaftesbury (Adds CEO quote, analyst comments, share move)By Samantha MachadoJune 1 (Reuters) -...

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1 Jun 2020 07:36

Capital & Counties to buy 26.3% stake in Shaftesbury for £436m

(Sharecast News) - Capital & Counties Properties has agreed to buy a 26.3% stake in Shaftesbury for £436m.

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29 May 2020 06:53

TOP NEWS: Capital & Counties In Talks To Buy 26% Stake In Shaftesbury

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28 May 2020 18:49

Capital & Counties Confirms Talks To Take 26% Shaftesbury Stake

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28 May 2020 18:32

Capital & Counties in talks over Shaftesbury stake acquisition

(Sharecast News) - Capital & Counties Properties said on Thursday that it is in talks about the potential acquisition of a 26.3% stake in Shaftesbury.

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UK BROKER RATINGS SUMMARY: Goldman Sachs Cuts Next To Neutral From Buy

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