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STOBThu, 22nd Mar 2018 08:57
** Flybe Group shares down 25 pct in volume afterStobart says it has scrapped plans to buy the company
** Stobart says Flybe rejected a bid, and it has decidedagainst making a higher offer
** Flybe has been hit by faltering demand and co's shareslost almost a third of their value in 2017
** Worst day for stock in >3 years
** Stobart -1.3 pct(harish.bhaskar.thomsonreuters.com@reuters.net)
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(Sharecast News) - Stobart Group said on Thursday that it was trading in line with management expectations, as London Southend Airport reopened to passenger flying and Stobart Energy was benefitting from a restart in construction work across the country, leading to increased availability of waste wood.
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