Thomas Cook Group News
24-05-2012
Harriet Green, who has been the Chief Executive at electronic components supplier Premier Farnell since 2006, has announced her - some might say brave - decision to leave the company and take over at the helm of embattled travel company Thomas Cook.
22-05-2012
Thomas Cook, the struggling package tour operator, has sold its 77% stake in Thomas Cook India to a subsidiary of the financial services firm Fairfax Financial Holdings. The sales will net Thomas Cook around £94m and is equivalent to 50 rupees per share, which the firm said was a premium of 11% to the market price immediately prior to the announcement of the auction process. The disposal is part of the group's ongoing plans to reduce debt and strengthen its ailing financial position.
22-05-2012
Chamberlin, easyJet, HomeServe, Inmarsat, Intermediate Capital, Kingfisher, M&S, Ryanair, SABMiller, Smiths Group, Thomas Cook, Ubisense, Vodafone, Walker Greenbank, WPP
22-05-2012
Stuart Gulliver, HSBC's chief executive, has said the bank had decided to drop "indefinitely" plans to look at moving its headquarters from London to Hong Kong. HSBC, which paid 1.5bn dollars (950m pounds) tax in the UK last year, threatened to leave the UK in the face of punitive financial regulation. News that is has squashed the review into changing its domicile will be a major boost to HMRC and the UK, where HSBC employs 50,000 people. "Although we talked at one point about reviewing this, it has been postponed indefinitely," Mr Gulliver, told a group of shareholders in Hong Kong. He added: "There are too many moving parts to make a rational, conscious decision," The Telegraph says.
14-05-2012
Investec may have slashed its forecasts for electrical retailer Kesa Electricals but the broker has decided to raise its rating on the stock from sell to hold.
14-05-2012
UBS says that Thomas Cook's recent financial deal is just a short-term fix and is 'kicking the problem down the road'.
14-05-2012
Struggling tour operator Thomas Cook has posted details to shareholders of its proposed disposals which it says are vital to the continued existence of the company.
14-05-2012
Antofagasta, Avanti, Chariot, Dignity, Dixons, Henry Boot, IAG, Kesa, Logica, Mears, Shanks, Thomas Cook
14-05-2012
German Chancellor Angela Merkel suffered an electoral setback yesterday as opposition to European austerity measures spread across the continent. The German chancellor may be tempted to rethink her approach after her allies in the country's largest state, North Rhine-Westphalia, lost 9 per cent of the vote in their worst showing since the Second World War. The result left her in a weaker position for her first meeting tomorrow with François Hollande, the socialist president-elect of France, who has demanded that the EU adopt higher-spending policies to battle the recession, The Telegraph reports.
11-05-2012
Under pressure travel firm Thomas Cook said that summer bookings have improved in recent weeks but, as expected, first half seasonal losses have widened.
09-05-2012
Thomas Cook, the struggling package tour operator, has appointed Michael Healy as its new Chief Financial Officer.
08-05-2012
Fears over the future of Thomas Cook have been allayed by a new financing package which the cash-strapped package tour firm has agreed with its lenders.
11-04-2012
Thomas Cook saw its shares take yet another hit after it was revealed that credit insurance provider Euler Hermes withdrew its cover for the firm's third party suppliers.
10-04-2012
- Friday's US jobs data dampens sentiment
- Rising exports push China into trade surplus
- Randgold bounces back after Malian settlement
10-04-2012
Panmure Gordon has reiterated its hold rating and 390p target price for high street retailing giant Marks and Spencer ahead of its fourth quarter trading update next week.
10-04-2012
Investec has maintained its buy recommendation for travel firm Thomas Cook after the group confirmed that it is in discussions with its banks on extending the maturity of its loans out to 2015 and beyond.
10-04-2012
Struggling travel firm Thomas Cook has confirmed it is in talks with its bankers about extending its financing arrangements.
10-04-2012
Domino Printing, Hargreaves Services, M&S, Michael Page, Petropavlovsk, Punch, Thomas Cook, WS Atkins
10-04-2012
Debt-laden tour operator Thomas Cook is in advanced talks with its banking group about agreeing a £1.2bn deal to secure the future of the company. The beleaguered company said it was close to striking the agreement with its banking group, just months after the latest refinancing deal which secured an extra £200m. Thomas Cook will give away 5% of the company's shares to the banking consortium and pay a one-off fee in exchange for a two-year extension on its loans to 2015. The group is also exploring a possible sale and leaseback of up to 20% of its aircraft fleet, as part of the deal, which could take place in the next few months and generate about £100m. The group owns 91 planes at present, according to The Telegraph.
03-04-2012
London has been enjoying a sleepy day, with no major blockbusting moves among the blue-chips.
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways share price
- Centrica share price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce share price
- Banco Santander price
- Rio Tinto share price
- Amec Share price
- Corac share price
- Lookers share price
- Telecom plus share price
- Kier share price
- Punch taverns price
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price


Prices

