Tuesday, November 9, 2010

Early Market News: British Airways plc (LON:BAY), Royal Bank of Scotland Group plc (LON:RBS), Barclays PLC (LON:BARC)

Here are several more stock briefings which could affect stocks in trading later today. The following listed companies should see some movement: British Airways plc (LON:BAY), Royal Bank of Scotland Group plc (LON:RBS), Barclays PLC (LON:BARC). Here is a more detailed look at the news that will affect each company when trading continues. British Airways plc (LON:BAY) British Airways plc (LON:BAY) has received delivery of the 700th E-Jet from Embraer. The newly delivered Embraer 190 aircraft will be operated by BA CityFlyer, a subsidiary of British Airways plc (LON:BAY). The aircraft has a seating capacity of 98 passengers and it will be used for both domestic and international operations by BA CityFlyer from London City Airport. In addition, this new aircraft has increased the fleet of BA CityFlyer to ten E-Jets, five Embraer 170s and five Embraer 190s. Royal Bank of Scotland Group plc (LON:RBS) A smaller bonus pool will be available in 2010 for Royal Bank of Scotland Group plc (LON:RBS) employees. Philip Hampton, Chairman of Royal Bank of Scotland Group plc (LON:RBS), said in an interview in Beijing yesterday that "It would be strange if market forces did not play a part in reducing bonuses because this has been a weaker year for investment banking markets than last year and so, if the word bonus means anything, it means payouts should be lower than last year." Last year's bonus pool was 1.3 billion pounds ($2.1 billion). Barclays PLC (LON:BARC) GT Solar International's target price has been lifted by Barclays PLC (LON:BARC). The decision follows GT Solar’s Q2 earnings conference call. Officials from GT Solar announced a share repurchase plan worth $203 million, and also raised the firm’s fiscal year 2011 EPS guidance from $1.00-$1.10 to $1.08-$1.18. GT Solar International manufactures solar power equipment. The company is a global provider of polysilicon production technology, crystalline ingot growth systems and related photovoltaic manufacturing services for the solar industry. Expect more movement when trading continues for British Airways plc (LON:BAY), Royal Bank of Scotland Group plc (LON:RBS) and Barclays PLC (LON:BARC).
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