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Stagecoach Share News (SGC)

Stock Market news at lse.co.uk - RSS News Feeds

Share News for Stagecoach (SGC)


Share Price: 160.30Bid: 160.20Ask: 160.60Change: 0.30 (+0.19%)Riser - Stagecoach
Spread: 0.40Spread as %: 0.25%Open: 161.00High: 161.00Low: 158.80Yesterday’s Close: 160.00




BUZZ-Street view: Sector winners and losers post UK election

Fri, 9th Jun 2017 15:19

(Adds detail)

** Some reactions from analysts across the Street on UK election outcome and likely sector winners and losers

** British Prime Minister Theresa May will form a government supported by a small Northern Irish party after the Tories lost parliamentary majority days before talks on Brexit are due to begin

UK BANKS

Bernstein says election bad news for the banks & that it will be a weak government leading UK into Brexit negotiations -- "the single biggest tail risk for the economy and that can't be good news for the banks"

Morgan Stanley economists expect easier fiscal policy; say softer Brexit should be positive for 2018+ GDP, benefit for UK banks over time

RBC says the uncertainty created by a hung parliament could mean rates remain lower for longer

UK CONSUMER SECTOR

RBC sees election outcome as a negative for UK exposed businesses with high dollar sourcing costs

UK TRANSPORTATION:

RBC says if the UK election result is perceived to reduce the probability of a hard Brexit, beneficiaries would include Wizz Air and Ryanair.

Beneficiaries from weaker sterling include National Express and FirstGroup, from their US operations

UK GAMING

Berenberg says a hung parliament could lead to harsher decisions about gaming machines

Davy Research says "passing anything controversial would be a challenge," in a hung parliament; adds gaming machines are increasingly controversial with on-going media scrutiny

UK UTILITIES

"We view a Conservative/DUP coalition as thematically more favourable, as the threat of Labour introducing more punitive policies has for now receded," RBC says

(Reuters Messaging: tenzin.pema1.thomsonreuters.com@reuters.net; derek.francis.thomsonreuters.com@reuters.net)



(c) Copyright Thomson Reuters 2017. Click For Restrictions - http://about.reuters.com/fulllegal.asp







BUZZ-Stagecoach: bounces off 8-yr lows after Liberum upgrade

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[28 Jun '17 11:08]

Oil stocks, Hargreaves Lansdown drag FTSE 100 to 2-week low

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)*
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BUZZ-Stagecoach: bottom of STOXX on FY earnings miss

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[28 Jun '17 09:08]

UPDATE 1-Stagecoach reports 15.3 pct fall in full-year profit

(Adds details, peer performance)June 28 (Reuters) - British transport company Stagecoach Group Plc on Wednesday reported a 15.3 percent drop in its fu
[28 Jun '17 08:08]

BUZZ-Street view: Sector winners and losers post UK election

(Adds detail)** Some reactions from analysts across the Street on UK election outcome and likely sector winners and losers** British Prime Minister Th
[9 Jun '17 15:19]



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