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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 445.60-10.1%Jan 30 4:00 PM EST

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To: TobagoJack who wrote (150645)9/23/2019 6:27:44 AM
From: Snowshoe  Read Replies (1) of 219937
 
A dead whale floats up in Britain. Autopsy blames summer heat wave and Brexit...

Thomas Cook’s liquidation wipes out travel company worth £1.85 billion just 18 months ago
marketwatch.com

The collapse led the British government to announce the largest peacetime repatriation in history as it sought to bring home 150,000 U.K. customers.

Thomas Cook’s most recent financial report showed net debt of £1.25 billion and a first-half ending March 31 loss of £1.46 billion. It blamed a summer heatwave for reducing demand for winter holidays, and Brexit for delaying U.K. customer travel plans. Thomas Cook said in May that economic and political uncertainty led to high levels of promotional activity, and that higher fuel and hotel costs also were weighing on the current year.

Thomas Cook shares were as high as 123.6 pence as recently as April 2018. The shares closed Friday, at 3.45 pence.
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