Sunday share tips: Thomas Cook, Carpetright
13th Dec 2015 21:46
(ShareCast News) - Thomas Cook has come a long way from its near-death experience in 2011, after the company announced it would go cap in hand to its creditors, sending its share price spiralling lower. The stock lost three-quarters of its value on the day of the announcement. The company was also
Read moreTuesday newspaper round-up: BHP, Sports Direct, France
17th Nov 2015 07:23
(ShareCast News) - BHP Billiton is reviewing the management of two big operations after the Samarco mudslide in Brazil that killed at least nine people. Andrew Mackenzie, the miner's chief executive, told analysts and investors yesterday that the company was reviewing all of its dams worldwide. He a
Read moreFTSE 250 movers: Tullett Prebon and ICAP acquisition talks boost market
6th Nov 2015 13:47
(ShareCast News) - The FTSE 250 is on track to finish the week on a high, with the market up 99.55 points (0.58%) mid-afternoon Friday to 17,216.68 points. Tullett Prebon and ICAP were the biggest risers on the back of confirmation that Tullett Prebon is in discussions regarding the possible acquisi
Read moreLondon close: Copper prices weigh on Footsie despite dovish MPC
5th Nov 2015 16:36
(ShareCast News) - Equities ended near their worst levels of the day despite a dovish set of minutes from the Bank of England's last Monetary Policy Committee meeting, weighed down by a further drop in commodity prices. Following its meeting, the MPC said there were downside risks to growth
Read moreThousands of tourists trapped at Sharm El-Sheikh, Thomas Cook drops
5th Nov 2015 15:32
(ShareCast News) - Thousands of tourists were stranded at the resort town of Sharm El-Sheikh after the government asked that all flights departing from the UK to and from the holiday destination be delayed until British aviation experts could assess the security arrangements at the Egyptian airport.
Read moreThomas Cook appoints new senior independent director
30th Sep 2015 15:36
(ShareCast News) - Travel operator Thomas Cook has appointment Dawn Airey as senior independent director to replace Carly Symon. Airey, who will step into her new role on 1 October and who was currently serving as non-executive director, has also been appointed as a member of the audit committee, th
Read moreFriday newspaper share tips: Pick up Poundland but tell Thomas Cook to fly away
25th Sep 2015 11:05
(ShareCast News) - They may cost you a bit more than a pound a piece, but The Times' Tempus is recommending traders should buy Poundland shares long term. Yesterday, the low-cost supermarket issued its plan to raise cash for the acquisition of 99p Stores, while hiding in the same statement news of a
Read moreFTSE 250 movers: Tate & Lyle in a sweet spot, but Poundland tumbles
24th Sep 2015 14:03
(ShareCast News) - London's FTSE 250 index was down 0.8% to 16,522.30 at 1524 BST, in line with the broader market. Tate & Lyle was in a sweet spot after Liberum upgraded the stock to 'buy' from 'sell' and lifted its price target to 670p from 505p. "While history is disappointing - four profit warni
Read moreLondon pre-open: All eyes on Yellen as markets try to find their footing
24th Sep 2015 07:35
(ShareCast News) - Markets were expected to start the day slightly lower as investors waited on a speech from US Fed chair Janet Yellen scheduled for after the close of UK trading today. The Footsie was being called to start the day 15 points lower from Wednesday's close of 6,032.24. The US central
Read moreEncouraging start to winter sales for Thomas Cook
24th Sep 2015 07:22
(ShareCast News) - Thomas Cook had a positive end to the financial year, with an encouraging start to winter trading. The FTSE 250 listed travel company released a trading statement on Thursday ahead of its financial year end. It announced 2015 summer holiday sales were 91% sold - in line with expe
Read moreBroker tips: Travis Perkins, Thomas Cook, Cineworld
5th Aug 2015 17:31
(ShareCast News) - Citigroup downgraded Travis Perkins to 'neutral' from 'buy' but raised its price target to 2,300p from 2,190p. The bank said the downgrade was a valuation call, as the shares have enjoyed a strong bounce since the start of the year and now reside on a relatively full multiple. Th
Read moreThomas Cook swings to third-quarter profit, warns of £25m hit on full-year result
30th Jul 2015 10:55
(ShareCast News) - Travel agent Thomas Cook swung to a third quarter profit and it expects full-year earnings to grow on a constant currency basis. In the three months to 30 June, the FTSE 250 group posted profits of £3m from a £50m loss in the corresponding period in 2014, marking its 12th consecut
Read moreWednesday newspaper round-up: Greece, Ocado, Heathrow runway
1st Jul 2015 06:58
Greece has officially defaulted on its €1.6bn debt repayment to the IMF, making it the first ever developed economy not to pay back the IMF, The Telegraph reports. Ocado boss Tim Steiner has said the online grocer is in "advanced" and "very detailed" discussions with international retailers about se
Read moreLondon close: FTSE sinks to five-month low as final act of Greek drama unfolds
29th Jun 2015 16:54
Heavy falls in the travel, tourism and financial sectors prompted a 2% plunge on the FTSE 100 on Monday as investor sentiment was hammered by concerns about the future of Greece and the wider Eurozone. The FTSE 100 finished 133.22 points lower (-1.97%) at 6,620.48 by the end of the session, its lowe
Read moreFTSE 250 movers: Thomas Cook hit by travel market uncertainty, Ocado higher on deal speculation
29th Jun 2015 13:21
Mid-caps plunged on Monday, with gains made by miners overshadowed by weakness in the travel and financial sectors, as Greece closed its banks and called for a public vote on bailout proposals by its creditors. As of 15:00, the FTSE 250 was trading 1.2% lower at 17,607. Travel tour operator Thomas
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