Nick Batram

Sportech Falls as U.K. Tax Agency Appeals Ruling: London Mover

Sportech Plc, a U.K. sports-betting company, fell the most since November 2009 after saying Britain’s tax authority won permission to appeal a judgment requiring it to refund levies to the company.

Albemarle & Bond Pawnbroker Drops on Gold Business: London Mover

Albemarle & Bond Holdings Plc, the U.K.’s biggest pawnbroker, fell the most in more than 12 years after saying it will slash store openings this year as profit is hurt by declining margins on gold.

Thomas Cook Climbs After Announcing Deal With Co-op Group on U.K. Outlets

Thomas Cook Group Plc and the Co- operative Group Ltd. plan to merge their U.K. travel and foreign-exchange units in a deal that will create a 1,200-store chain and save more than 35 million pounds ($55 million) a year.

888 Says First-Quarter Gambling Revenue Increases 9 Percent, Led By Bingo

888 Holdings Plc’s former chief executive officer Gigi Levy , who is still a director, said a takeover by U.K. bookmaker Ladbrokes Plc is “still a possibility” though the price is an issue.

888 Says Operating Income Advances on Poker; Talks With Ladbrokes Continue

888 Holdings Plc , a U.K.-listed Internet gambling company that supplies services to Caesars Entertainment Corp ., said talks with Ladbrokes Plc continue, and fourth-quarter operating income gained 5 percent over the year- earlier period.

Thomas Cook Reports Full-Year Loss on Volcano Costs

Thomas Cook Group Plc , Europe’s second-biggest tour operator, posted a full-year loss because of costs for assisting passengers stranded when a volcanic eruption led to the shutdown of European airspace.

Playtech to Buy Software Business From Co-Founder Sagi

Playtech Ltd., the Internet- gambling software maker that has a venture with William Hill Plc, agreed to buy a software business from a company owned by its co-founder and biggest shareholder, Teddy Sagi .

TUI Travel Sees Profit at Lower End of Expectations

TUI Travel Plc , Europe’s largest travel operator, dropped the most in almost two years in London trading after saying reduced holiday spending by Britons and Germans will affect profitability.

Thomas Cook Risks Customer Exodus During Talks on Debt After Stock Slumps

Thomas Cook Group Plc says it’s “business as usual” as the U.K. travel company tries to secure financing from lenders. Customers might not wait that long.

TUI Travel Gains Most in Three Months on Speculation TUI Considers Buyout

TUI Travel Plc rose the most in more than three months in London trading after Financial Times Deutschland reported that majority owner TUI AG is weighing the purchase of the shares it doesn’t already own.

"It does remove any chance of an early settlement and that in itself is disappointing and frustrating."

- Nick Batram on Jun 13, 2013

London

Thomas Cook

Europe

U.S. Stocks Fall on IMF Outlook, Warning on Stimulus Exit

U.S. Agencies Said to Swap Data With Thousands of Firms

Yen Rises After BOJ Minutes Indicate Monetary-Stimulus Limits

Detroit on Brink of Bankruptcy Suspends Some Debt Payments

‘Man of Steel’ Shoulders Quest to Lift DC to Marvel Level