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BUZZ-FirstGroup: reassuring update stems share price fall
** FirstGroup bounces off all-time low hit Tues &enjoys biggest one-day pct rise since Jan
** Posts in-line Q4 update even in face of adverse weatherin US & impact on Greyhound from cheaper fuel
** Co saw its shares decline 14 pct last yr (vs 2 pct dropfrom rival Stagecoach ) when it missed out on a no. of GBrail contracts
** But recently secured contract (retention) to run trainservices in western England until April 2019
** Strength seen sector-wide, but FirstGroup, up 5.3 pct,outperforms; Go-Ahead up 3.3 pct, National Express & Stagecoach both c.1 pct firmer (RM: tricia.wright1.thomsonreuters.com@reuters.net)
Latest NEX News
- Director dealings: National Express board invests, British Land CFO makes £0.1m sale
2 Jun 2023 - LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre
26 May 2023 - National Express to change name to Mobico in early June
10 May 2023 - LONDON BRIEFING: Compass sets share buyback; Melrose ups outlook
10 May 2023 - National Express announces name change to Mobico Group
10 May 2023 - UK shareholder meetings calendar - next 7 days
3 May 2023 - LONDON MARKET MIDDAY: Stocks falter on US hike expectations and UK CPI
19 Apr 2023 - National Express quarterly revenue rises; begins cost-saving programme
19 Apr 2023
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(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Thursday.
FirstGroup launches new share buyback amid forecast cash flow progress
(Alliance News) - FirstGroup PLC on Thursday announced a new share buyback and raised its dividend as it projected healthy free cash flow
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(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:
NEX.L News
Director dealings: National Express board invests, British Land CFO makes £0.1m sale
(Sharecast News) - British Land was on the list of director sells on Friday, after its chief financial officer sold more than £0.1m to cover his ...
LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
National Express to change name to Mobico in early June
(Alliance News) - National Express Group PLC on Wednesday said it will change its name to Mobico Group PLC from early June.
LONDON BRIEFING: Compass sets share buyback; Melrose ups outlook
(Alliance News) - The FTSE 100 is expected to open marginally higher on Wednesday, following positive updates from some UK blue-chip companies and ahe...
National Express announces name change to Mobico Group
(Sharecast News) - National Express announced its decision to change its name to Mobico Group.
LONDON MARKET MIDDAY: Stocks falter on US hike expectations and UK CPI
(Alliance News) - London's FTSE 100 traded lower on Wednesday at midday, hurt by a stubbornly high UK inflation reading and expectations for more inte...
National Express quarterly revenue rises; begins cost-saving programme
(Alliance News) - National Express Group PLC on Wednesday said its first quarter was in line with expectations, as it launched a productivity improvem...
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