Mobico Group Share News (MCG)

UK's Labour outlines plan to renationalise railways within 5 years

LONDON, April 24 (Reuters) - Britain's opposition Labour Party said it planned to renationalise the country's rail network within five years without paying compensation to private operators as it set out its plans to fix the troubled railway system.

London shares climb over 1%, M&A action lifts midcap stocks

FTSE 100 up 1.6%, FTSE 250 adds 1.1%

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London close: Stocks jump on weaker sterling, easing geopolitics

(Sharecast News) - London's financial markets closed in the green on Monday, with the top-flight index remaining near record highs by the close.

LONDON MARKET MIDDAY: Hipgnosis Songs and Tyman jump on takeover talk

(Alliance News) - Stock prices in London were higher at midday on Monday, as investors eye some key US data as attention turns away from the Middle East for now.

Mobico remains in red after "challenging" 2023; CFO to depart

(Alliance News) - Mobico Group PLC on Monday announced the departure of its chief financial officer as it released its delayed 2023 results and gave an insight into current trading conditions.

LONDON BRIEFING: Hipgnosis supports Blackstone takeover bid

(Alliance News) - Stocks in London are called to open higher, as investors eye some key FTSE 250 takeovers.

Mobico profits fall despite revenue growth

(Sharecast News) - Mobico Group reported a fall in profit in its 2023 results on Monday, below the expectations it set at the start of the financial year, despite continued revenue growth.

UK earnings, trading statements calendar - next 7 days

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

London close: Stocks rise as US consumer confidence remains stable

(Sharecast News) - London markets closed in positive territory on Tuesday, buoyed by a stable US consumer confidence report and anticipation for upcoming inflation data.

LONDON BROKER RATINGS: Dr Martens cut to 'sell'; BofA likes Tullow

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

RBC Capital downgrades Mobico to 'sector perform'

(Sharecast News) - RBC Capital Markets downgraded Mobico on Tuesday to 'sector perform' from 'outperform' and cut the price target to 80p from 110p following the company's update a day earlier.

London close: Stocks slip back after last week's peak

(Sharecast News) - London markets finished in the red on Monday, having traded below the waterline through the session after reaching a peak at the end of last week.

LONDON MARKET MIDDAY: Stocks make tepid start to new week

(Alliance News) - Stock prices in London were down at midday on Monday, giving back some gains from last week, when equities were boosted by central bank decisions and accompanying statements which investors saw as dovish.

Mobico cuts guidance as rail probe drags on delaying results once more

(Alliance News) - Mobico Group PLC on Monday lowered its earnings outlook, and delayed its 2023 results again, as it grapples with accounting issues at its German rail business.