Investments and investor services
TUI and Saga set for Thursday’s spotlight
Holiday operators TUI and Saga will update the market on Thursday, though expectations aren't at all high.
Company
LON:TUI
TUI Travel, now assimilated into its German parent company, TUI Group, has become one of the world’s leading international leisure travel groups operating in over 180 countries with more than 30 million customers in 25 source markets.
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Investments and investor services
Holiday operators TUI and Saga will update the market on Thursday, though expectations aren't at all high.
TUI is due to publish a trading update on Thursday, just a few days after its rival issued a profit warning on the back of the hot summer weather
The UK blue-chip index lost almost 32 points at 7,458
The UK benchmark of leading shares closed down over 24 points at 7,642.
Investments and investor services
The quarterly update on the health of the UK economy showed something of a recovery from the snowed under first quarter.
“The market appears to be sceptical of TUI’s pledge to achieve full year guidance, perhaps mindful of its rival Thomas Cook guiding for results to be at the lower end of expectations last week," said AJ Bell's Russ Mould
Investments and investor services
A look at some of the top risers and fallers in London today
A strong performance in the hotels and cruises business and cruises division led turnover growth in the third quarter
UBS believes a competitive environment and higher fuel costs are likely to generate headwinds for Thomas Cook’s already thin margins
TUI said it is on track to deliver at least 10% underlying EBITA growth in fiscal year 2018
President Donald Trump decided to abandon a key Iran nuclear deal, sending oil prices higher
Archive
Day Ahead includes trading updates from pubs operator JD Wetherspoon and bakery chain Greggs, plus interims from blue chips cigarettes firm Imperial Brands and travel group TUI
The UK blue-chip index finished over 44 points higher at 7,044, but big miners tempered gains
Investments and investor services
The blue-chip index closed at 7,214, up 46 points on the day
Summer holidays are 35% sold, driven by bookings for Greece, Turkey and Cyprus
Investments and investor services
The index of blue-chip shares ended the day down 0.1% or points at 7,178.01 points after the CPI data
Archive
Day ahead includes trading updates from FTSE 100-listed holidays firm TUI and language support services group RWS Holdings, plus the latest UK inflation numbers
Archive
John Harrington takes a look at how Proactive's tweak to the "Dogs of the Dow" system applied to the FTSE 100 did last year. Later in the week, he'll unveil this year's "dogs"
Both firms had a good run last year but travel and gaming news is unlikely to be as supportive now, says the broker
TUI expects 10% increase in underlying earnings in the current financial year