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Travel companies help FTSE 100 to go places

guardian.co.uk
08-Aug-2008
        
Story Timeline:  65 days

A positive outlook for travel groups helped the FTSE 100 to record a modest rise today, offsetting a poor day for the mining companies. British Airways was the FTSE 100's biggest percentage gainer, with travel companies Thomas Cook and TUI taking silver and bronze in the blue-chip index's medal table. British Airways benefited from Citigroup raising its price target up from 300p to 350p, and maintaining a buy rating on the stock, and from reports that it is seeking to forge closer links with American Airlines. The shares ended the day at 275.75p, an increase of 20.75p. Thomas Cook and TUI made gains on the back of a Dresdner Kleinwort survey of travel agents ahead of the companies' third-quarter results next week. Thomas Cook was up 17p to 237.25p, while TUI climbed 17p to 237.5p. The FTSE 100 closed up 11.7 points, a rise of... [read full story]                    

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Latest article on this story:

Falling oil price fuels surge in airline stocks

 news4sites.com 09-Aug-2008
First article on this story:

FTSE remains stable

 breakingnews.ie 08-Aug-2008
Selected publications with coverage of this story:
icnetwork.co.uk breakingnews.ie guardian.co.uk scotsman.com news4sites.com
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Falling oil price fuels surge in airline stocks

scotsman.com
08-Aug-2008
        

Published Date: 09 August 2008 FALLING oil prices drove a late rally in London yesterday leaving the FTSE 100 higher, with travel firms and airlines soaring. After spending much of the day in the red, the FTSE 100 index of...

                   

Market forces: Sunny forecast for travel firms helps FTSE 100

guardian.co.uk
08-Aug-2008
        

A positive outlook for travel groups helped the FTSE 100 to record a modest rise yesterday, offsetting a poor day for the mining companies. British Airways benefited from Citigroup raising its price target from 300p to 350p,...

                   

FTSE closes in the black

breakingnews.ie
08-Aug-2008
        

A further sharp slide in oil prices helped power the London market to a positive close today as travel firms and airlines soared on the lower cost of crude. Weaker mining stocks and a broker downgrade for Vodafone had dragged...

                   

FTSE closes up after oil price fall

icnetwork.co.uk
08-Aug-2008
        

Aug 8 2008 By Aled Blake A further sharp slide in oil prices helped power the London market to a positive close today as travel firms and airlines soared on the lower cost of crude. Weaker mining stocks and a broker downgrade...

                   

Business News: FTSE closes up after oil price fall

icnetwork.co.uk
08-Aug-2008
        

Aug 8 2008 By Aled Blake A further sharp slide in oil prices helped power the London market to a positive close today as travel firms and airlines soared on the lower cost of crude. Weaker mining stocks and a broker downgrade...

                   

FTSE remains stable

breakingnews.ie
08-Aug-2008
        

The London market struggled to find direction today as falls from heavyweight miners and Vodafone offset relief over Royal Bank of Scotland’s losses. NatWest parent RBS rose 4% after fears of £1bn(€1.3bn)-plus losses were...