GFS.L Share News (GFS)

UPDATE 4-Prison Officers regain control over rioting inmates in UK jail disturbance

(Adds comment from the Ministry of Justice) By Peter Nicholls BIRMINGHAM, England, Dec 16 (Reuters) - Prison officers regained control of inmates at a prison in Birmingham, England on Friday more than 12 hours after rioting broke out among some 300 prisoners. A Ministry of Justi

"Serious" disturbance erupts at UK jail, prison officers say

LONDON, Dec 16 (Reuters) - A serious disturbance involving some 300 inmates broke out at a jail in central England on Friday, the Prison Officers' Association (POA) said, the latest incident of trouble at a British prison this year. The POA said it had been informed there was an ongoing "se

UPDATE 1-Britain extends G4S, Serco asylum-seeker contracts to 2019

(Adds background on government audit) LONDON, Dec 8 (Reuters) - Britain extended by two years a contract with G4S and Serco to provide asylum-seekers with accommodation and said it would provide extra funds to improve standards and widen the areas in which asylum-seekers are housed. T

Britain extends G4S, Serco asylum-seeker contracts to 2019

(Adds details, government minister) LONDON, Dec 8 (Reuters) - Britain extended by two years a contract with G4S and Serco to provide asylum-seekers with accommodation and said it would provide extra funds to improve standards and widen the areas in which asylum-seekers are housed. The

UPDATE: UK Home Office Extends G4S And Serco Asylum Seeker Contracts

Britain extends G4S, Serco asylum seeker contracts to 2019

EDINBURGH, Dec 8 (Reuters) - Britain said it had extended by two years a contract with outsourcers G4S and Serco to provide asylum seekers with accommodation. Britain's interior ministry also said it would increase the budget for the service by introducing "a new higher price band for any

BROKER RATINGS SUMMARY: Jefferies Upgrades WPP To Buy From Hold

Global security firm G4S upbeat about growth, sticks to debt target

EDINBURGH, Dec 6 (Reuters) - British security company G4S sought to reassure investors that was on track to meet its full-year debt target on Tuesday, adding that its expects to increase its free cash flow on growing demand for its electronic cash management systems. The world's largest se

G4S reaffirms strong cash flow and debt guidance

(ShareCast News) - G4S said it expects to generate "substantial" free cash flow in the current calendar year and reiterated its guidance for the year ahead for cutting debt. The FTSE 250 group said its business plan and current performance would support the pledged ratio of net debt to EBITDA ratio

G4S agrees disposal of Israeli arm

(ShareCast News) - G4S has agreed to sell its Israeli arm, G4S Israel, to private equity firm FIMI Opportunity Funds for an estimated net consideration of 425 million new Israeli Sheqel (£88m) in cash. G4S Israel provides manned security and security systems across the country. In the year to 31 Dec

Friday broker round-up

(ShareCast News) - Coca Cola HBC: Barclays keeps at underweight with a target price of 1630p. Smith & Nephew: Jefferies stays at buy, 1395p target. Merlin Entertainments: Berenberg starts coverage with a 440p target. South 32: Barclays reiterates overweight with a 200p target. Ladbrokes: UBS keep

Thursday broker round-up

(ShareCast News) - IAG: Deutsche Bank keeps at buy with a target price of 540p. Just Eat: Goldman Sachs stays at buy, 760p target. Next: Credit Suisse downgrades to underperform with a 4600p target. G4S: Deutsche Bank upgrades to hold with a 220 with a 3035p target. Cineworld: HBSC starts coverag

Deutsche Bank upgrades G4S on 'positive' Q3 update

(ShareCast News) - G4S rallied for the second day in a row as Deutsche Bank upgraded the stock to 'hold' from 'sell' and lifted the price target to 220p from 180p following the company's "positive" third-quarter update on Wednesday. DB said near-term organic growth and cash flow have been better tha

European shares end at over three-month low after losing streak

* STOXX mired in longest losing streak this year * Volatility hits highest level since July * Pharma stocks outperform on signs Clinton losing ground * Banks among top fallers led by Italy lenders, StanChart * Moller-Maersk drops after earnings miss (Adds quotes and deta

UPDATE 2-Security group G4S: revenue growth accelerates in Q3 thanks to US

(Adds detail on US, comment) LONDON, Nov 2 (Reuters) - British security group G4S reported higher revenue growth in the third quarter helped by a stronger performance in the United States, boosting its shares on Wednesday. Revenue from continuing operations in the first nine months r