Tuesday broker round-up
31st Jul 2018 13:26
(Sharecast News) - Abcam: Berenberg upgrades to buy with a target price of 1,640p.
Read moreWednesday broker round-up
25th Jul 2018 13:57
(Sharecast News) - Unite Group: Numis downgrades to hold with a target price of 900p.
Read moreThomas Cook disappoints with first-quarter update as caution remains
9th Feb 2017 07:50
(ShareCast News) - With the European travel outlook remaining highly uncertain and a shareholder battle over bonuses is brewing, Thomas Cook started the year in muted fashion but is still confident it can hit full year targets. Revenue in the three months to the end of December was up 1% to £1.6bn b
Read moreFTSE 250 movers: Mining shares gain as metal prices rise
6th Feb 2017 17:30
(ShareCast News) - The FTSE 250 closed the session down 0.19% to 18,377.37 points. Mining shares rallied, including Hoschchild Mining, Kaz Minerals and Centamin, as metal prices gained. Investors flocked to gold amid a politically motivated sell-off in equities. At 15:26 GMT, on Comex, gold was
Read moreSunday newspaper round-up: US recession, Housing policy, RBS
5th Feb 2017 16:37
(ShareCast News) - Donald Trump's economic honeymoon could come to an end as soon as next year, senior City fund managers have forecast, with the US at risk of plunging into recession. Nine years on from the start of the financial crisis, the US recovery may be overheating, Legal & General Investmen
Read moreThomas Cook and TUI shares fall on Credit Suisse downgrade
11th Jan 2017 09:01
(ShareCast News) - Thomas Cook and TUI slumped on Wednesday after Credit Suisse downgraded its rating on the travel stocks. Credit Suisse cut its rating on Thomas Cook to 'neutral' from 'outperform' and lowered the target price to 87p from 88p, citing worries for the company's outlook in 2017 and 20
Read moreThomas Cook to buy out JV retail partners to take full ownership
6th Dec 2016 07:42
(ShareCast News) - Thomas Cook is to take full ownership of its retail joint venture and buy out its partners in order to consolidate the travel company. The FTSE 250 company will buy The Co-operative's 30% stake in the joint venture for £50m and the Central England Co-operative's 3.5% stake for £5.
Read moreThomas Cook to raise €300m in bond issue to institutional investors
28th Nov 2016 09:23
(ShareCast News) - Thomas Cook has announced plans to raise at least €300m from the issue of guaranteed senior unsecured fixed rate notes due 2022 to institutional investors. The offering is expected to close on or about 8 December and the travel company said it will use the proceeds to redeem its o
Read moreBarclays upgrades Thomas Cook, says may have reached inflection point
24th Nov 2016 08:38
(ShareCast News) - Barclays upgraded Thomas Cook to 'overweight' from 'equalweight' and upped the price target to 90p from 75p following the company's full-year results on Wednesday. It said the absence of any earnings per share downgrades, the re-introduction of the dividend and proactive actions t
Read moreThomas Cook FY profit hit by terror attacks but EBIT beats estimates
23rd Nov 2016 07:38
(ShareCast News) - Thomas Cook reported a drop in profit and revenue for the year to the end of September as the travel company took a hit from a series of terror attacks, but the group's underlying profit from operations came in ahead of expectations. Pre-tax profit in the period fell to £42m from
Read moreWednesday preview: Autumn Statement ahead
22nd Nov 2016 16:44
(ShareCast News) - All eyes would be on Chancellor Philip Hammond when he delivered the Autumn Statement on Wednesday despite a significant increase in the news-flow on both the economic and corporate fronts. Ahead of his presentation to Parliament, Samuel Tombs, chief UK economist at Pantheon Macro
Read moreThomas Cook's summer bookings rise but affected by low demand for Turkey, Brussels
27th Sep 2016 08:06
(ShareCast News) - FTSE 250 listed Thomas Cook reported a rise in bookings this summer across some destinations apart from Turkey, while demand for the winter is line with the previous year. The travel agent said expectations for full year underlying operating profit remained unchanged. Bookings we
Read moreFriday newspaper share tips: Thomas Cook, Kier Group
23rd Sep 2016 10:55
(ShareCast News) - Thomas Cook will likely come through its current troubles the same as it has on other occassions when througout the past 175 years when it has found itself in a pinch, The Daily Telegraph's Questor column said. The company's finances are being buffeted by fear among travellers fol
Read moreThomas Cook launches China joint venture with Fosun
8th Sep 2016 16:00
(ShareCast News) - Thomas Cook has launched a joint venture with Chinese investor Fosun called Thomas Cook China, which will target "affluent, adventurous, quality-oriented" customers as the pair look to grab a high-margin share of China's fast-expanding holiday market. At the launch even in Shangha
Read moreFTSE 250 movers: Sophos, Thomas Cook and Auto Trader lead gains
8th Sep 2016 14:53
(ShareCast News) - The FTSE 250 was pretty much flat late into Thursday's session, with security software group Sohpos leading the way thanks to read-across from elsewhere Oxford-based Sophos, which is holding its annual general meeting next week, hit a six-month high on the day that FTSE 100 liste
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