Thomson shares dive after loss report

Article Abstract:

Thomson Travel Group PLC posted a loss during the first-half of 1999. As a result of the negative results, the group saw its share value fall by almost 19%. Thomson stated that its profits for the entire 1999 year would be much lower-than-expected. Overcapacity in September and October was the reasons for the loss, according to the group. Thomson posted 5.1 million pound sterling (8 million euros) in pretax losses for the period.

Comment:

Posts loss during first-half of 1999

Travel Agents, Travel Agencies, Travel industry, Abstract, Thomson Travel Group (North Quincy, Massachusetts)

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Bovis float moved up as P&O net swells

Article Abstract:

Peninsular and Oriental Steam Navigation Co. (P&O) posted an increase of 32% in its pretax profits for the 1999 first-half. The company posted 183.1 million pounds ($294.4 million) in pretax profits for the period. In addition, Bovis Construction's floatation has been moved forward to October 1999. Bovis is a subsidiary of P&O.

United States, Management Consulting Services, Securities issued, listed, Passenger Ships, Deep Sea Passenger Transportation, Water Transportation of Passengers, Business & Mgmt Consulting, Securities, Business consultants, Management consultants, Cruise lines, Passenger vessels, Peninsular and Oriental Steam Navigation Co., Consulting services, Bovis Construction Corp.

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Arriva's pretax profit beats expectations

Article Abstract:

Arriva PLC posted an increase of 8.4% in its pretax profits for the six month period ending June 30, 1999. The company posted 51.6 million pounds (78 million euros) in pretax profits.

Transit and Ground Passenger Transportation, LOCAL AND INTERURBAN PASSENGER TRANSIT, Local & Intercity Transit, Transportation industry, Public transportation, ARRIVA PLC

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