SMALL-CAP WINNERS & LOSERS: National Express lifts transport providers
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
Read moreMon, 16th Nov 2020 08:15
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
Read more(Alliance News) - National Express Group PLC on Tuesday said revenue in March beat the same month of the pre-pandemic year 2019.
Read more(Alliance News) - Stocks in London are seen opening higher on Tuesday, taking heart from a decent trading day in New York overnight, where the tech sector got an M&A boost.
Read moreStagecoach Group PLC - Perth, Scotland-based transport provider - Pan-European Infrastructure III SCSp, an infrastructure fund managed by DWS Infrastructure, says it has acceptances for its takeover offer representing 27.5% of Stagecoach shares. Of these, shares it has purchased represent a 17% stake, while offer acceptances from other shareholders represent a 10.5% stake. Last month, the Stagecoach board accepted DWS's GBP594.9 million cash offer, switching its support from an all-share merger with UK peer National Express Group PLC. The DWS offer of 105 pence per Stagecoach share remains open until May 21. It has a 75% acceptance condition, though this could be lowered.
Read more(Sharecast News) - The White House clarified comments from Joe Biden who earlier had called for Russian President Vladimir Putin's ouster. In a speech delivered in Poland, Biden said: ""For God's sake, this man cannot remain in power." A spokesman for the White soon after stated that US leader was not talking about 'regime change'. "The president's point was that Putin cannot be allowed to exercise power over his neighbours or the region," the spokesman explained. - The Sunday Times
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.
Read more(Alliance News) - National Express Group PLC on Thursday said it believes its all-share combination with Stagecoach Group PLC remains the better choice after being spurned for a cash offer from DWS Infrastructure.
Read more(Alliance News) - Stock prices in London opened higher on Thursday after the US Federal Reserve raised interest rates for the first time since 2018, while Ocado sank after its online grocery joint venture with Marks & Spencer warned on inflationary pressures.
Read more(Alliance News) - Stock prices in London are seen opening higher on Thursday, tracking a rally in US and Asian equity markets, after the Federal Reserve, as expected, raised interest rates from historic lows.
Read more(Sharecast News) - Liberum slashed its price target on National Express on Monday to remove upside from the Stagecoach deal, which has fallen through.
Read moreMarch 10 (Reuters) - National Express does not necessarily need to buy rival Stagecoach to boost revenue and profit, although it is still considering its options after it was outbid by a new suitor this week, the transport company said on Thursday.
Read more(Sharecast News) - Analysts at Liberum downgraded public transport operator Stagecoach from 'buy' to 'hold' on Thursday but stated yesterday's 105.0p cash offer provided some "short-term certainty".
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Tuesday afternoon:
Read more(Alliance News) - National Express Group PLC on Thursday posted a narrowed annual loss and said it is "considering its options" after being spurned by Stagecoach Group PLC.
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