FTSE 100 movers: Evraz slumps; EasyJet flies higher on guidance upgrade
FTSE 100 movers: Evraz slumps; EasyJet flies higher on guidance upgrade. "When we upgraded Pearson to buy in September 2019, we thought that group margins could be sustained as the impact of declines in US HE Courseware (24% of group revenues) could be offset by growth in other businesses, and further costs could be removed from the business. This thesis has not played out," it said.On the upside, easyJet flew higher as the budget airline bumped up its first-half revenue guidance and said it expects a narrower first-half headline pre-tax loss compared with 2019's £275m. FTSE 100 - RiserseasyJet (EZJ) 1,521.50p 4.93%Legal & General Group (LGEN) 308.40p 2.05%Melrose Industries (MRO) 241.50p 1.51%Hargreaves Lansdown (HL.) 1,802.50p 1.44%Associated British Foods (ABF) 2,665.00p 1.41%Auto Trader Group (AUTO) 589.20p 0.96%Lloyds Banking Group (LLOY) 58.45p 0.95%Royal Bank of Scotland Group (RBS) 224.70p 0.90%Berkeley Group Holdings (The) (BKG) 5,184.00p 0.82%Kingfisher (KGF) 213.60p 0.75%FTSE 100 - FallersEvraz (EVR) 403.10p -5.42%Informa (INF) 828.20p -3.41%InterContinental Hotels Group (IHG) 4,987.00p -3.09%International Consolidated Airlines Group SA (CDI) (IAG) 637.80p -2.95%NMC Health (NMC) 1,460.00p -2.67%Antofagasta (ANTO) 954.80p -2.19%Imperial Brands (IMB) 1,995.80p -2.09%Rio Tinto (RIO) 4,583.50p -2.00%Pearson (PSON) 578.40p -1.73%BHP Group (BHP) 1,811.40p -1.62%.