Home / Royal Mail / Royal Mail can deliver value, Covid hits airlines, Eco raises £20mln and AstraZeneca gets target price hike….

Royal Mail can deliver value, Covid hits airlines, Eco raises £20mln and AstraZeneca gets target price hike….

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Royal Mail’s shares still offer value, says broker

Royal Mail is facing a tougher year but its shares, under pressure from wider uncertainties and active union negotiation, still offer value, says Barclays Capital.

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2. British Airways and easyJet cancel more flights

IAG-owned BA cancelled 78 flights from and to London’s Heathrow Airport, while there were at least 30 cancellations by easyJet today

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3. Eco Atlantic closes funding

Money will support the drilling of the Gazania-1 well on Block 2B, offshore South Africa with work targeted to begin in September.

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4. FTSE 100 closes down on interest rate worries  

The FTSE 100 pared its losses but still closed 26 points, or 0.34% lower at 7,588.

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5. AstraZeneca boosted by Deutsche Bank hike

The German bank raised its share price target on the former to £115 a share from £105 (currently £103). 

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Let’s take a look at some of tomorrow’s news

Updates from Attraqt, Entain, Topps Tiles and many more…

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