Tag: Travel Agencies

TUI AG Shares Jump on Swing to Profit, Record Revenue
World

TUI AG Shares Jump on Swing to Profit, Record Revenue

Updated Dec. 6, 2023 3:53 am ETTUI AG shares jumped as much as 7.6% in early trade after the company reported a swing to net profit for fiscal 2023 on record revenue and said that it expects revenue for the year ahead to grow at least 10%.Shares at 0806 GMT were up 32.0 pence, or 6.25%, at 544.0 pence, having peaked at 551.54 pence shortly after market open.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Walmart Earnings, Low Fuel Prices Drag on Stocks
Money

Walmart Earnings, Low Fuel Prices Drag on Stocks

Earnings selloffs in Cisco Systems and Walmart pulled down the Dow. But the broader market narrowly overcame those drags as well as tumbling energy shares to keep the November rally going.The S&P 500 added 0.1%. The tech-oriented Nasdaq Composite eked out a smaller gain than that and is now up 9.8% this month. The Dow Jones Industrial Average shed about 0.1%, or 46 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Vivid Seats Makes Big Bet on Las Vegas
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Vivid Seats Makes Big Bet on Las Vegas

Vivid Seats, the online ticket marketplace, is making a big bet on the Las Vegas Strip with a roughly $240 million deal to buy the operator of Vegas.com. The cash-and-stock deal consists of $151.2 million in cash and $88.8 million in Vivid’s Class-A common stock, executives told The Wall Street Journal. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8