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On The Beach Group Shares News & Articles

Market Report: Thomas Cook collapses as emergency funding talks fail - TUI, Dart and others rally in response

The collapse over the weekend of package holidays firm Thomas Cook (TCG) dominates market talk in early trade on Monday as the 178-year old business falls into liquidation after emergency funding talks broke down. Shares in the business are immediately suspended at the 3.45p level that they closed on Friday, although investors have effectively been treating the equity as worthless for ...

Market report: Royal Mail set for FTSE 100 exit as markets drift on limited corporate news

All eyes are on Royal Mail (RMG) ahead of the FTSE 100 re-shuffle next Tuesday. With the shares trading down another 2% to 317p on Friday, its current market capitalisation of just over £3.2bn. That puts it in 119th spot in terms of valuation on the UK stock market, well below the 110th place cut-off, meaning it will automatically be ejected from the blue-chip index. This sums up a ...

Market report: Sunny results for On the Beach, Experian deal hit by competition concerns

The FTSE 100 is flat in early trading this morning at 7,019.57 as traders look for clues on whether the US and China can resolve their differences on trade at this week’s G20 summit in Argentina. Travel company On the Beach (OTB) posts a 24% rise in full-year profit after riding out a slump in demand caused by hot UK summer weather by cutting its marketing spend. Pre-tax profit for the ...
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