Easyjet is set to report more than half a billion in profit in its full-year results next Wednesday as it continues to cash in on strong demand for travel in the post-Covid era. The orange-liveried carrier is expected to haul in £595m in pre-tax profit, up from £455m the year prior. Analysts are forecasting capacity growth of eight per cent to 100m in the 12 months to September, and five per cent on a compound basis going forward. Dividends are expected to come in at 12p a share, with a further increase to 14.8p in 2025. The results come in a year in which the share price of Europe’s three largest budget airlines, Ryanair, Easyjet and Wizz Air, has largely underwhelmed. Shares in Easyjet are broadly level, up two per cent in 2024, despite record flight demand across the continent. Ryanair sparked a sell-off in London-listed airline stocks over summer after it reported a drop in profit and warned over falling ticket fares. Delivery delays at the world’s two largest planemakers, Airbus and Boeing, have also left airlines struggling to hit capacity targets. However, the FTSE 350 firm has shown resistance to the external issues, in part due to the performance of its package holiday division, Easyjet holidays. That segment is expected to rake in more than £180m over the period, up from £122m, as it closes in on a medium-term target of £250m. “Easyjet’s last set of results landed well with markets , who had become nervous after rival Ryanair issued a weak performance over the same period,” Aarin Chiekrie, an equity analyst at Hargreaves Lansdown, said. “But Easyjet bucked the trend by selling a higher percentage of its available seats for the fourth quarter, despite increasing its capacity by 7 per cent. This was enough to reassure investors that the group remains on the right flight path to deliver another record-breaking summer,” he said. “It’s unlikely to be the start of a fully-fledged price war between the low-cost carriers, but it’s something the market will be keeping a keen eye on. Recent industry data shows that air travel demand continues to soar higher, and investors are eager to hear what easyJet sees on the horizon in next week’s results,” Chiekrie added. Wednesday’s results will be the last of Easyjet’s long-serving chief executive Johan Lundgren, who is due to step down in January. He will be replaced by the firm’s finance chief, Kenton Jarvis.
How Trump’s cabinet picks align with Project 2025’s vision for America’s futureRepsol, S.A. ( OTCMKTS:REPYF – Get Free Report ) shares were down 0.6% during mid-day trading on Friday . The stock traded as low as $11.75 and last traded at $11.75. Approximately 550 shares were traded during trading, a decline of 82% from the average daily volume of 3,090 shares. The stock had previously closed at $11.82. Repsol Trading Down 0.6 % The business has a fifty day moving average of $12.32 and a 200 day moving average of $13.57. About Repsol ( Get Free Report ) Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company’s Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels. Further Reading Receive News & Ratings for Repsol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Repsol and related companies with MarketBeat.com's FREE daily email newsletter .
MONTREAL - The Canadian Coast Guard announced this morning that a change of strategy is underway to free the ship that ran aground on Christmas Eve on the St. Lawrence River in Quebec. Read this article for free: Already have an account? To continue reading, please subscribe: * MONTREAL - The Canadian Coast Guard announced this morning that a change of strategy is underway to free the ship that ran aground on Christmas Eve on the St. Lawrence River in Quebec. Read unlimited articles for free today: Already have an account? MONTREAL – The Canadian Coast Guard announced this morning that a change of strategy is underway to free the ship that ran aground on Christmas Eve on the St. Lawrence River in Quebec. An attempt to refloat the ship using a team of tugboats that was launched on Friday has not worked, the coast guard says. The new strategy involves transferring the ship’s cargo of corn onto a barge to reduce its weight and allow it to float again. A tugboat tries to release the MV Maccoa after it ran aground in the St. Lawrence River in Vercheres, Que., Friday, Dec. 27, 2024. THE CANADIAN PRESS/Graham Hughes A plan to evacuate at least part of the cargo must be finalized today by the ship’s owner, a spokesperson for the coast guard says. The Cyprus-flagged 185-metre bulk carrier ran aground near Verchères, Que., in the early hours of Dec. 24 following a power failure. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. The coast guard says there were no injuries, no damage to the ship’s hull, no pollution spotted in the water and that the ship is not blocking marine traffic. This report by The Canadian Press was first published Dec. 29, 2024. AdvertisementRaiders TE Brock Bowers sets two rookie records, one team markSAO PAULO (AP) — Brazil’s federal police on Thursday formally accused former President Jair Bolsonaro and 36 other people of attempting a coup to keep him in office after his defeat in the 2022 elections. Police said their sealed findings were being delivered Thursday to Brazil’s Supreme Court, which will refer them to Prosecutor-General Paulo Gonet, who decides either to formally charge Bolsonaro and put him on trial, or toss the investigation. Bolsonaro told the website Metropoles that he was waiting for his lawyer to review the accusation, reportedly about 700 pages long. But he said he would fight the case and dismissed the investigation as being the result of “creativity.” The former right-wing president has denied all claims he tried to stay in office after his narrow electoral defeat in 2022 to his rival, leftist President Luiz Inácio Lula da Silva. Bolsonaro has faced a series of legal threats since then. Police said in a brief statement that the Supreme Court had agreed to reveal the names of all 37 people who were accused “to avoid the dissemination of incorrect news.” Dozens of former and current Bolsonaro aides also were accused, including Gen. Walter Braga Netto, who was his running mate in the 2022 campaign; former Army commander Gen. Paulo Sérgio Nogueira de Oliveira; Valdemar Costa Neto, the chairman of Bolsonaro’s Liberal Party; and his veteran former adviser, Gen. Augusto Heleno. Other investigations produced formal accusations of Bolsonaro’s roles in smuggling diamond jewelry into Brazil without properly declaring them and in directing a subordinate to falsify his and others’ COVID-19 vaccination statuses. Bolsonaro has denied any involvement in either. Another probe found that he had abused his authority to cast doubt on the country’s voting system, and judges barred him from running again until 2030. Still, he has insisted that he will run in 2026, and many in his orbit were heartened by the recent U.S. election win of Donald Trump, despite his own swirling legal threats. But the far-reaching investigations already have weakened Bolsonaro’s status as a leader of Brazil’s right wing, said Carlos Melo, a political science professor at Insper University in Sao Paulo. “Bolsonaro is already barred from running in the 2026 elections,” Melo told the The Associated Press. “And if he is convicted he could also be jailed by then. To avoid being behind bars, he will have to convince Supreme Court justices that he has nothing to do with a plot that involves dozens of his aides. That’s a very tall order,” Melo said. A formal accusation of an attempted coup means the investigation has gathered indications of “a crime and its author,” said Eloísa Machado de Almeida, a law professor at Getulio Vargas Foundation, a university in Sao Paulo. She said she believed there was enough legal grounds for the prosecutor-general to file charges. Bolsonaro’s allies in Congress have been negotiating a bill to pardon individuals who stormed the Brazilian capital and rioted on Jan. 8, 2023 in a failed attempt to keep the former president in power. Analysts have speculated that lawmakers want to extend the legislation to cover the former president himself. However, efforts to push a broad amnesty bill may be “politically challenging” given recent attacks on the judiciary and details emerging in investigations, Machado said. On Tuesday, Federal Police arrested four military and a Federal Police officer, accused of plotting to assassinate Lula and Supreme Court Justice Alexandre de Moraes as a means to overthrow the government following the 2022 elections. And last week, a man carried out a bomb attack in the capital Brasilia . He attempted to enter the Supreme Court and threw explosives outside, killing himself.
Osisko Metals Corporate UpdateNEW YORK , Dec. 12, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global stock music market size is estimated to grow by USD 650.4 million from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 8.09% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: Royalty-free (RF) music refers to the permission to use copyrighted materials without paying recurring royalties or license fees. RF music allows for one-time payment, regardless of usage frequency, number of copies sold, or timeframe. Traditionally, RF music was popular for TV productions due to its ease of use and elimination of complex licensing processes. With the rise of digital distribution, RF music adoption, benefiting both composers and buyers. Numerous websites offer a vast selection of RF music across various genres, making it a convenient choice for producers. RF music's affordability fuels the growth of the global stock music market, as it offers legal access to a wide range of musical content without the need for copyright infringement. Analyst Review The Stock Music Market is a dynamic and evolving industry that caters to the diverse audio needs of various sectors, from Millennials to corporations. Technology and social media have revolutionized the way we consume and create music, making music libraries an essential resource for content creators in the entertainment business. From TV and films to advertisements, video games, and corporate production, the demand for authentic and high-quality music is at an all-time high. The gig economy has given rise to a new generation of multimedia artists, providing them with an opportunity to monetize their creations through stock music platforms. Genres and styles vary widely, catering to the unique needs of different industries and audiences. The user base of streaming services and digital advertising continues to grow, making online marketing and podcasting increasingly important channels for reaching consumers. The Stock Music Market is a thriving business that is here to stay. Market Overview The Stock Music Market is a dynamic and evolving industry that caters to the growing demand for authentic and high-quality music in various sectors. With millennials leading the charge, technology and social media have revolutionized the way music is consumed and shared. Music libraries have become essential resources for content creators in TV, films, advertisements, video games, corporate production, and the entertainment business. Stock music producers offer licenses, attribution, and exploitable rights to market participants, enabling a diverse range of businesses to access original music for their brand assets. Affluent consumers, cultural change agents, touring musicians, and local musicians all contribute to this vibrant ecosystem. Brands like Coca-Cola and Budweiser have embraced music as a powerful branding tool, creating iconic brand anthems and sponsoring music festivals. The digital element has transformed the industry, with streaming services, podcasting, and online marketing leading the charge. Editing tools and platforms have made it easier for professionals to integrate music into their multimedia content, from magazines and newspapers to instore activations and digital efforts. The market continues to grow, fueled by media spending and the unified approach to platform integration. To understand more about this market- Download a FREE Sample Report in minutes! 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/stock-music-market-to-grow-by-usd-650-4-million-from-2023-2028--report-on-ai-redefining-market-landscape---technavio-302328795.html SOURCE Technavio
By Kanishka Singh WASHINGTON (Reuters) – Texas Attorney General Ken Paxton said on Thursday his office launched investigations into over a dozen technology platforms over their privacy and safety practices for minors. Those being probed included artificial Intelligence chatbot startup Character.AI and fourteen other platforms like Reddit, Instagram and Discord, the Texas attorney general added. WHY IT’S IMPORTANT Tech platforms have come under increasing scrutiny over their impact on children. Top U.S. social media platforms made an estimated $11 billion in advertising revenue from users younger than 18 in 2022, according to a Harvard study published last year. U.S. Surgeon General Vivek Murthy last year warned that young people using social media risked suffering body image issues, disordered eating, poor sleep quality and low self-esteem, especially among adolescent girls. KEY QUOTE “Technology companies are on notice that my office is vigorously enforcing Texas’ strong data privacy laws,” Paxton said. CONTEXT Social media companies have said they will work with officials to protect young users, and say they have introduced new tools designed to protect teens online, including parental control features. The firms had no immediate comment on Thursday. Paxton’s statement said the probes would focus on the platforms’ compliance with two Texas laws – the Securing Children Online through Parental Empowerment (SCOPE) Act and the Texas Data Privacy and Security Act (TDPSA). The SCOPE Act bans digital service providers from sharing, disclosing, or selling a minor’s personal identifying information without permission from the child’s parent or legal guardian. The legislation requires firms to provide parents with tools to manage and control the privacy settings on their child’s account. The TDPSA imposes notice and consent requirements on companies that collect and use minors’ personal data, Paxton’s office said. (Reporting by Kanishka Singh in Washington; Editing by Alistair Bell) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );
Donald Trump 's showering praise on the late Jimmy Carter ... saying he did his best to improve the lives of his fellow Americans -- and, the country owes him a debt. The president-elect posted to his social media platform, Truth Social, Sunday ... only about an hour after the Carter Center announced the former president had passed away at 100. In his message, Trump writes that anyone who has been president knows it's a very exclusive club ... and, only members in its ranks can understand the responsibility of leading the country. DJT says JC faced numerous issues when he was president ... and, he did everything he could to "improve the lives of all Americans. For that, we all owe him a debt of gratitude." Trump says he and his wife Melania are thinking of the Carter family at this difficult time ... and, he urges his followers to keep them in their prayers. It's a stark change to Trump and Carter's relationship while the latter was still alive ... just two months ago, on Carter's 100th birthday , Trump called Joe Biden the worst president ever -- before saying Jimmy was "the happiest man because Carter is considered a brilliant president by comparison.” Carter passed away surrounded by family Sunday night after spenging nearly two years in hospice care. His wife, Rosalynn Carter, passed away last year at the age of 96. Tributes from all over the political world are pouring in for Carter ... including from President Joe Biden who called him an "extradordinary leader" and former president Barack Obama who wrote Jimmy taught the world "what it means to live a life of grace, dignity, justice, and service." It seems Jimmy's bringing people from all sides of the political spectrum together.
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