Feb 9, 2017
Thomas Cook shares hit by cautious outlook
The FTSE 250 company reported a 1% rise in first quarter revenues and a slight dip in operating losses. It also said its holiday prices would be 9% higher this year as it aimed to sell more upmarket packages. The benchmark FTSE 100 share index was trading higher, bolstered by shares in the big UK drug companies. The index was 20.65 points higher at 7,209.47. AstraZeneca rose 1.6% and GlaxoSmithKline climbed 1.4%. On the currency markets, the pound rose 0.1% against the dollar to $1.2555 and was 0.25% higher against the euro at 1.1756.
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