Monday, October 25, 2010

Market News: British Airways plc (LON:BAY), Centrica plc (LON:CNA), Whitbread plc (LON:WTB)

Here are several more stock briefings which could affect stocks in trading later today. The following stocks should see some movement: British Airways plc (LON:BAY), Centrica plc (LON:CNA), Whitbread plc (LON:WTB). Here is a more detailed look at the news that will affect each company when trading continues. British Airways plc (LON:BAY) To end the dispute, British Airways plc (LON:BAY) has come up with a 'fair deal'. The new offer, expected to put an end to the 'fight' between the crew and the authorites, will reinstate the heavily discounted travel for the staff immediately. In addition to the incremental pay rises, another 5.9 percent increase of basic pay will also be awarded over the next two years. British Airways plc (LON:BAY) said in a statement that "The offer we have made, based on our previous proposals, is very fair and reasonable and represents a genuine solution to the remaining issues in this dispute. The changes we have already made to onboard crew numbers and recruitment terms for new Heathrow crew represent substantial permanent savings for the company. These savings have been achieved without any compulsory redundancies despite the exceptional economic difficulties of the last two years, faced by the company and the country at large."  Centrica plc (LON:CNA) Centrica plc's (LON:CNA) flexible benefits package has been recognized. The company's investment in flexible benefits packages has been awarded with the presentation of a special award. Centrica plc (LON:CNA) was named the Best Place for Flexible Working in the Top Employers for Working Families Awards 2010. The energy giant won the award, relegating American Express to second place. The winners are chosen by charity working families and the award is given to the organizations that are helping the employees to achieve a work-life balance. Whitbread plc (LON:WTB) The UK Hotel and Restaurant company Whitbread plc (LON:WTB) has reported 58% profit gain. The growth of its Budget Hotel brand and the Premier Inn are the primary drivers behind the big gains. Profit rise to $152 Billion during the last six months is a result of increased bookings at the hotel. The shares of Whitbread plc (LON:WTB) have advanced by 2.1% and the recent figures show the three year high in London trading. We could possibly see more movement when trading continues for British Airways plc (LON:BAY), Centrica plc (LON:CNA) and Whitbread plc (LON:WTB).
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