StockMarketWire.com - The FTSE 100 was down by a handful of points on Tuesday as traders fret over a possible resolution of the current trade tensions between China and the US ahead of a planned meeting between the two countries leaders at the G20 summit this week. US futures pointed to a downbeat open after yesterday's big gains amid the ongoing speculation over the issue.
LARGE AND MID CAP RISERS AND FALLERS
Thomas Cook tumbled 20.1% to 38.5p as it warned its annual operating earnings would fall 19%, marking in its second downgrade in two months, amid heavy discounting at its tour operating business.
The company also suspended its full-year dividend.
Bakery chain Greggs was having a much better time. Its shares puffed 13.5% higher to £14.05 as it upgraded its expectations for full-year profits on the back of strong October and November sales of sausage rolls, sandwiches and pizzas.
Meat producer Cranswick fell 3.8% to £27.64 as softer pricing in Asian export markets kept a lid on revenues and bottom-line profit fell, all despite the warm summer extending the UK barbecue season.
Pet-product retailer and vet group Pets at Home Group booked an 81% fall in first-half profit, as margins shrank and it decided to buy back some struggling joint venture practices in its veterinary network. Losses in its shares, however, were limited to 1.1% at 113.3p.
Quality assurance provider Intertek added 2.9% to £47.82 amid a modest rise in revenue in the 10 months through October.
Water utility Pennon climbed 1.4% to 767p as demand over Britain's warm summer buoyed profits.
SMALL CAP RISERS AND FALLERS
Fashion retailer Quiz ticked up 0.7% to 43.8p after soaring online sales helped it book a 4% rise in first-half profit.
Ingredient and flavoring supplier Treatt gained 2.9% to 455p as it posted a slight fall in annual profit owing to costs associated with relocating its UK headquarters. Its underlying earnings, revenue and dividend all rose.
Story provided by StockMarketWire.com
Shares Magazine

Shares is the leading weekly publication for retail investors. It is packed with investment ideas, news and educational material to help build and run portfolios and get more from your money.
Investor Events

Shares puts on free Investor Events throughout the year across the country. They provide an opportunity for investors to learn more about companies on the stock market and hear from a range of investment experts including fund managers and Shares journalists.