(ShareCast News) - London's mid-cap index was up 0.9% to 17,037.26 at 1325 BST, tracking a more buoyant tone overall following a positive session in the US and as the closure of Chinese markets gave investors a chance to catch their breath. Motor retail and aftersales service company Lookers surged
Read more(ShareCast News) - Jefferies downgraded Go-Ahead to 'hold' from 'buy' and slashed its price target to 2,630p from 2,920p. While the company's full-year results were as expected, Jefferies cut its outlook on the one-year delay to reach the £100m bus EBIT target and its reduced expectations for rail.
Read more** Public transport operator's shares down c.6 pct, one of the top losers on FTSE 250 mid-cap index after mixed FY results with a PBT beat and EPS miss ** Liberum analysts say the biggest disappointment was the postponement of the group's 100 mln stg bus operating profit target by one year<
Read more(ShareCast News) - Shares in Go-Ahead Group slumped after the rail and bus operator posted a 13.7% drop in pre-tax profit on the back of exceptional costs and said it will take longer to hit targets for its bus division. Pre-tax profit for the year ended 27 June fell to £78.7m from 91.2m last year a
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