Sector movers: Travel stocks hit in wake of Brussels attacks
22nd Mar 2016 15:49
(ShareCast News) - UK share indices were trading sideways on Tuesday after the Brussels terror attacks earlier in the day, which from an investment perspective hit travel companies especially hard. The FTSE 100 index however recovered from its earlier losses in the aftermath of reports emerging of
Read moreTui maintains course despite shifting sands in first quarter
9th Feb 2016 07:04
(ShareCast News) - Tui rode out the shifting geopolitical sands in the first quarter and reiterated its full year guidance, as demand for sunny holidays shifted away from south eastern Europe to safer climes. The Anglo-German travel giant generated turnover of €3.72bn (£2.88bn) in the three months t
Read moreTui Group profits fly 19% higher despite Tunisia attack
13th Aug 2015 06:59
(ShareCast News) - Anglo-German travel giant Tui Group grew revenues and underlying operating profits impressively in the third quarter, also tightening its full year operating profit growth guidance to 12.5-15%. Consolidated turnover after the German and English arms merged in December increased by
Read moreWeek ahead: Data rumbles due to disturb City's summer quiet
7th Aug 2015 13:16
(ShareCast News) - The corporate results season has past its peak and tails off as summer holidays empty out the City, but the week ahead is due to see some big financial news nonetheless, including Eurozone second quarter GDP, a UK labour market update, with US retail sales and industrial productio
Read moreLondon open: FTSE drops to January lows on Grexit fears
30th Jun 2015 08:48
UK stocks were trading at levels not seen since the start of the year on Tuesday morning as fears about a Greek exit from the Eurozone intensified. With Greece's current bailout set to expire on the same day that Athens faces a debt repayment to the IMF, investors were once again scaling back their
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 moreLondon midday: Stocks slide as Greece shuts banks, calls referendum
29th Jun 2015 11:33
UK stocks slid sharply on Monday after Greece shut its banks and called a public vote to decide the fate of its future within the Eurozone. With just three stocks on the FTSE 100 in positive territory, the UK index was down 1.63% at 6,643.30 by midday. The index had dropped to a low of 6,598.64 earl
Read moreCiti lifts TUI target price but cautious about cash flow
26th May 2015 10:05
Citigroup has lifted its target price for TUI AG from 1,150p to 1,250p but kept a 'neutral' recommendation, saying it sees no cash returns in the near term at the travel operator. Following TUI's full-year results two weeks ago, Citi said management was "doing a good job at carving out EBITA growth
Read moreFTSE 100 movers: Mondi surges on strong profits, Admiral hit by CEO resignation
13th May 2015 13:15
UK stocks rebounded on Wednesday, driven by the Bank of England pushing back rate-hike predictions and a dip in unemployment. Sector-wise, property stocks extended gains, while miners and supermarkets dipped. As of 02:10, the FTSE 100 was trading 9 points, or 0.28% higher at 6,954, with Mondi toppin
Read moreTUI sets new course for profit growth after balmy first half
13th May 2015 08:40
Continuing strong demand for overseas holidays and ever-increasing booking made online have led to strong interim gains at TUI, with the Anglo-German travel behemoth setting new guidance for delivering at least 10% earnings growth over the next three years. After the London and Hannover businesses m
Read moreTUI cruising on course for first half beat
25th Mar 2015 07:07
A first-half trading update from TUI AG confirmed the merged Anglo German travel colossus has sailed serenely past last year's figures and remained confident of delivering strong full year growth. There were few surprises from the group, which merged in December and updated the market on trading a m
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