Showing posts with label Travel. Show all posts
Showing posts with label Travel. Show all posts

Monday, July 2, 2007

European Stocks Fall on Terrorism; Air France, Thomas Cook Pace Retreat

(Bloomberg) -- European stocks declined for the first
time in three days, paced by airlines, tour companies and
insurers after attempted terrorist attacks in the U.K.

Air France-KLM Group and British Airways Plc dragged the Dow
Jones Europe Stoxx Travel & Leisure Index to the lowest in more
than three months. Thomas Cook Group Plc, the travel operator
created last month by a merger, fell after Credit Suisse Group
recommended the shares as ``underperform'' in new coverage. Royal &
Sun Alliance Insurance Group Plc led British insurers lower.


Read more at Bloomberg Stocks News

Tuesday, June 5, 2007

European Stocks Fall for Second Day; Ryanair, E.ON, Man Group Pace Decline

(Bloomberg) -- European stocks declined after Ryanair
Holdings Plc, the region's biggest low-fare carrier, forecast
losses and investors speculated rising interest rates will damp
profit growth.

Ryanair led the Dow Jones Stoxx 600 Travel & Leisure Index
to its biggest drop in almost three months. E.ON AG and Man Group
Plc paced a retreat by utilities and financial-services
companies, among the most sensitive to higher rates.


Read more at Bloomberg Stocks News

Friday, May 25, 2007

Memorial Day Motorists Will Pay Record Fuel Prices, Drive More Than Ever

(Bloomberg) -- Travelers during the Memorial Day
weekend will pay record gasoline prices and may face even higher
charges on the way home.

The national average price for regular gasoline climbed 39
percent this year to more than $3.20 a gallon as refinery
breakdowns cut production. Inventories are 7 percent below the
five-year average, prompting some analysts to predict more
increases.


Read more at Bloomberg Exclusive News