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14 Mayıs 2015 Perşembe

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Airbus shares slide after A400M crash

"The fact that they're getting to a situation where they can iron problems out before full production levels are hit is arguably a benefit"

Airbus shares were battered down from their all-time April high on Monday following the fatal A400M crash in Spain at the weekend.
Shares fell by 4.5% at one point, wiping out the previous week’s gains.

“It will undoubtedly have a negative effect on the share price for a brief period of time but the fact that they’re getting to a situation where they can iron it out before full production levels are hit is arguably a benefit here,” says market analyst Alastair McCaig.
The A400M project has been beset with problems from the start, and following the crash several clients have frozen their orders.
“Well there’s no denial that its nearly four years behind schedule, it’s €6bln euros over budget, that’s a lot for any program but all aircraft programs have a problem, particularly military ones where the end customer base is governments,” says Defence & Aerospace analyst Howard Wheeldon.
Shares finished the day 2% off. In March Airbus Spain fired its boss, who was deemed responsible for the delays in assembling the planes in Seville.



11 Mayıs 2015 Pazartesi

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Ed Miliband resigns as Labour Party leader after general election defeat

Published time: May 08, 2015 08:43
Edited time: May 08, 2015 12:23 Britain's opposition Labour Party leader Ed Miliband. (Reuters/Darren Staples) Britain's opposition Labour Party leader Ed Miliband. (Reuters/Darren Staples)
Ed Miliband has stood down as Labour Party leader after his party suffered a crushing defeat in the UK General Election, accepting “full responsibility” for his party’s defeat.
In an emotionally-charged address, interspersed with repeated applause from supporters, he lauded what he termed the most “united, cohesive, enjoyable campaign I’ve ever been involved in.”
He reserved particular thanks for “all those people who’ve pounded the streets” for the party.
“Britain,” he argued, “needs a strong Labour Party,” and that it was “time for someone else to take leadership of the party.”
READ MORE: UK General Election 2015 LIVE UPDATES
He praised his deputy Harriet Harman, saying she would take over while that “open, honest debate” took place.
To those he met during the campaign, he said: “Thank you for sharing your stories with me ... thank you for the selfies, and the most unlikely cult of the 21st century… Milifandom!”
— nina (@caramellester) May 8, 2015
“While we may have lost the election, the argument of our campaign will not go away,” he said.
To his party he said: “I am truly sorry I did not succeed.”
“Thank you for the privilege, I joined this party aged 17, I never dreamed I would lead it … it will be a force for change again.”
“Pick yourself up and continue the fight. We’ve come back before and we’ll come back again.”
“When we see injustice, we must tackle it,” he said.
— izzie (@_is4belle) May 8, 2015
“It is people that make change happen, I will never give up on that cause. I will never give up fighting for the Britain I believe in. I will always be there in that cause with all of you.”
In light of Labour’s abysmal performance in Scotland, and amid rumors of another Scottish independence referendum, he reiterated his commitment to the Union.
“I believe in our United Kingdom, because it is the best way of serving our country,” Miliband said. “All of us in the months ahead must rise to the challenge of keeping our country together.”
Despite Miliband’s expression of confidence in his deputy, it took Harriet Harman little over an hour to announce that she would also be stepping down once a new leader is elected by the party membership.
— Ed Miliband (@Ed_Miliband) May 8, 2015
Labour suffered a humiliating defeat in Scotland, after the SNP won 56 out of 59 contested seats.
Shadow Chancellor Ed Balls is among senior Labour politicians to lose their seat. In a surprise outcome, contrary to pre-election polls, the Conservatives emerged with the largest share of seats. David Cameron is well on his way to securing a majority, while Labour and the Liberal Democrats have suffered humiliating losses.
Projections say Cameron will win 328 seats in total – enough to command a majority in the House of Commons.
Speaking earlier today after winning his Doncaster North seat, Miliband said: “This has clearly been a very disappointing and difficult night for the Labour Party.
“We have not made the gains we wanted in England and Wales, and in Scotland we have seen a surge of nationalism overwhelm our party,” s
aid Miliband, after comfortably securing his own seat with an increased majority.
— Ed Miliband (@Ed_Miliband) May 8, 2015
“I want to say to all the dedicated and decent colleagues in Scotland who have lost their seats that I am deeply sorry for what has happened.
“And I also want to say that the next government has a huge responsibility. It has a huge responsibility in facing the very difficult task of keeping our country together.”
“Whatever party we come from, if we believe in the United Kingdom we should stand up for people in every part of our United Kingdom because I believe that what unites us is much, much more than what divides us.”
In the early hours after the poll results came in, some Labour Party members had said it wasn’t the time to replace Miliband and that the blame for Labour’s defeat, most notably in Scotland, couldn’t be pinned on him alone.
— The Labour Party (@UKLabour) May 8, 2015
Labour will now face a leadership contest, with Shadow Home Secretary Yvette Cooper, Shadow Health Secretary Andy Burnham, Shadow Justice Minister Dan Jarvis, Shadow Care Minister Liz Kendall and Shadow Business Secretary Chuka Umunna considered potential successors.
The Liberal Democrats under Nick Clegg have been decimated in the election. Clegg called it a “cruel and punishing night”
for his party.
— Ed Miliband (@Ed_Miliband) May 8, 2015
— Ed Miliband (@Ed_Miliband) May 8, 2015

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