GOG.L Share News (GOG)

Britain plans to overhaul the way railways are run

LONDON, Dec 6 (Reuters) - Britain is to overhaul the running of its rail network to give service operators a role in managing the tracks their trains use to try to improve reliability, British Transport Minister Chris Grayling said on Tuesday. Grayling said in rail contracts awarded from 20

Go-Ahead changes accounting policy for rail pension schemes

(ShareCast News) - Go-Ahead has changed its accounting policy for rail pension schemes in line with its commitment to transparent reporting and to be consistent with emerging industry practice, a move that has pushed up its statutory profit. The FTSE 250 transport operator said its balance sheet onl

Go-Ahead Tweaks Accounting Policy For Rail Pension Schemes

Unseen debts may derail UK bus and rail bidding plans

(ShareCast News) - Some big changes may be coming to the way companies bid for big UK rail and bus franchises, HSBC has predicted. The bank, which downgraded Firstgroup to a 'reduce' rating but kept a 'buy' on both Go-Ahead Group and National Express, has taken a deep dive into the bus and rail oper

Go-Ahead sticks to outlook despite Southern strikes

LONDON, Nov 1 (Reuters) - British bus and train operator Go-Ahead said it was on track to post annual results in line with its expectations despite being hit by strikes on its Southern rail contract. The Southern network is part of Govia Thameslink Railway (GTR), which is 65 percent owned b

Go-Ahead maintains outlook despite Southern Rail strikes

(ShareCast News) - FTSE 250 transport operator Go-Ahead said its expectations for the full year remain unchanged, as it reported "robust" trading in the first quarter despite a series of Southern Rail strikes. In the period from 3 July to the end of October, group revenue in the bus division grew ar

Tuesday newspaper round-up: Bonds, Shell, bookmaker levy, farm boost

(ShareCast News) - Investors dumped UK government bonds yesterday in one of the heaviest sell-offs since the Brexit vote as international demand for sterling assets declined rapidly. Overseas investors are becoming increasingly worried that inflation and a move by the Conservative government towards

Commuters face further disruption as Southern Rail strikes continue

(ShareCast News) - Southern Rail workers were going forward with their three day planned strike on Tuesday, despite the Rail, Maritime and Transport (RMT) union advising its members to sign the rail company's new contracts. The strike action has been ongoing since April over the role of guards on So

Wednesday broker round-up

(ShareCast News) - Barclays: HSBC upgrades to buy with a target price of 190p. Reckitt Benckiser: UBS keeps at buy, 8000p target. Go-Ahead: Deutsche Bank keeps at buy with a 2330p target. Kingfisher: HSBC reiterates hold with a 365p target. BHP Billition: Barclays keeps at equal-weight with a 990

Deutsche Bank initiates coverage of FirstGroup, Go-Ahead, National Express

(ShareCast News) - Deutsche Bank initiated coverage of FirstGroup, Go-Ahead and National Express as it took a look at the European Bus & Rail sector. The bank started FirstGroup at 'sell' with a 94p price target, pointing to weak free cash flow generation, high leverage and the absence of a dividend

Tuesday broker round-up

(ShareCast News) - GVC Holdings: Berenberg reiterates buy with a target price of 760p. Softcat: Citigroup reiterates buy, 410p target. GlaxoSmithKline: Jefferies downgrades to underperform with a 2300p target. Relx: UBS stays at buy with a 1600p target. GB Group: Citigroup starts coverage at buy

Friday broker round-up

(ShareCast News) - Pearson: JP Morgan reiterates neutral with a target price of 940p. Vodafone: UBS maintains buy with a 310p target. Glaxosmithkline: UBS keeps at neutral with a 1650p target. GKN: Canaccord reiterates buy with a 370p target. Legal & General: Macquarie keeps at neutral with a tar

UPDATE 2-Britain's strike-prone Southern rail risks further public ire as parent company's profits surge

* Group's strike-hit rail services drew public anger * FY adjusted operating profit of 157.4 mln pounds * Compares with average forecast of 153.6 million * Shares jump as much as 9 pct on results (Recasts, adds detail on CEO declining bonus) By Sarah Young LONDON,

EXTRA: Go-Ahead Results Beat Expectations Despite Southern Rail Woes

BUZZ-Go-Ahead: best day in 2 yrs on FY beat

** Transport group Go-Ahead +7%, set for its biggest one-day rise since May 2014 ** FY adjusted operating profit £157.4 mln v £134.7 mln a year before and beating consensus £153.6 mln ** Easily top riser on FTSE 250 and among most actively traded on index ** The company, afte