Thomas Cook Group PLC (TCG.L)
8 May 2013
|Market Cap (Mil.):||£1,441.69|
|Shares Outstanding (Mil.):||909.58|
LONDON, May 16 - Thomas Cook unveiled a 1.6 billion pound ($2.4 billion) refinancing plan on Thursday designed to cut debt and enable it to resume paying dividends in the latest stage of a turnaround at the world's oldest travel firm.
May 16 - (The following statement was released by the rating agency)
May 15 - British tour operator Thomas Cook Group Plc will announce plans to raise about 400 million pounds ($609 million) through a placing and rights issue on Thursday, according to two travel industry sources.
LONDON, March 21 - Thomas Cook Group PLC : * Partial cancellation of liquidity facility * In accordance with provisions of bank facility agreement £100 million of
LONDON, March 20 - British travel firm Thomas Cook has agreed to sell its North American business to Canada's Red Label Vacations Inc for 3.4 million pounds ($5.14 million), it said on Wednesday.
* Sees $521 mln profit improvement by 2015 due to cost cuts
LONDON, March 13 - Thomas Cook Group PLC : * Shares open 12 percent up after company unveils new growth strategy
LONDON, March 13 - Travel firm Thomas Cook said it would improve profits by 350 million pounds ($520.99 million) by 2015 by taking more costs out of the business, slashing store numbers and focussing on web sales.
March 12 - British travel group Thomas Cook is drawing up plans to raise more than 400 million pounds ($595 million) through a share issue, Sky News reported on Tuesday citing people close to the company.
LONDON, March 6 - Travel firm Thomas Cook said it would cut 2,500 UK jobs and close 195 stores in Britain as the euro crisis, high fuel costs and unrest in key destinations like Egypt and Greece take their toll on the holiday business.