The FTSE is looking to end a poor week on a good note on good corporate news out today.

The FTSE 100 is up 0.90% at 9:30am as the market seeks to end off a poor weeks with some gains. (See INDEXFTSE:.FTSE).

Thomas Cook (LON:TCG) is doing well this morning with a near 4% rise on yesterday's close. Yesterday was particularly rocky for shares in Thomas Cook as they ended lower after a very strong start.

The good news on Thomas Cook will be that its insolvent parent, German tourism and retailing group Arcandor, wants to avoid a break up and sale of its three divisions, Thomas Cook, Karstadt and Primondo.

This is according to Chief Executive Karl-Gerhard Eick.

Aviva (LON:AV) also had a rocky day yesterday after the announcement that CFO Philip Scott was to step down.

No replacement has been announced and press release announcing the matter shed no light on the reasons behind the departure.

The Guardian reports this morning that market sources speculated that Scott's departure was a certainty after Aviva showed a full-year MCEV loss after tax of £7.7bn in March, which saw its shares fall 33%.

Taylor Wimpey (LON:TW) is the biggest gainer this morning, up 8.87%.

The housebuilder said it may increase outlet openings during the second half of the year following continued stability in the UK housing market since April’s final results.

Its net private reservation rate remains at around 0.6 per site per week, with prices broadly flat and cancellation rates below the long run average. The normal seasonal slowdown is expected over the summer months.

“Whilst wider economic conditions remain weak and rising unemployment could still have an effect on our markets, the severe downside scenarios for which we have been planning now appear less likely to materialise,” the group will tell shareholders at today’s AGM.