FirstGroup sells 3 Greyhound bus terminals for $137m
31st Dec 2020 07:03
(Sharecast News) - Transport operator FirstGroup has sold three Greyhound bus terminals for $137m (£102m) as it rationalises its property portfolio in North America.
Read moreFirstGroup swings to interim pre-tax loss
10th Dec 2020 08:24
(Sharecast News) - Transport operator FirstGroup swung to an interim pre-tax loss in 2020 amid continued pressure on its British rail and bus units due to the Covid-19 pandemic and the travel slump associated with it.
Read moreFirstGroup agrees easier banking covenants
9th Nov 2020 07:38
(Sharecast News) - FirstGroup has arranged less onerous banking covenants for the next year to give it more flexibility during the Covid-19 crisis.
Read moreHSBC upgrades Stagecoach, Go-Ahead; downgrades Firstgroup
14th Oct 2020 12:40
(Sharecast News) - HSBC downgraded its stance on FirstGroup on Wednesday, but lifted its ratings on Go-Ahead and Stagecoach as it took a look at UK bus and rail operators.
Read moreUK advisers call for action to stem Covid-19
21st Sep 2020 11:31
(Sharecast News) - The UK is on track for more than 200 Covid-19 deaths a day by mid-November unless urgent action is taken to stem the spread of the disease, the government's scientific advisers said.
Read moreGo-Ahead and FirstGroup get extensions to Covid rail bail-outs
21st Sep 2020 07:41
(Sharecast News) - The Department for Transport confirmed extensions to the emergency measures on a number of rail franchises on Monday, protecting operators from continued depressed passenger demand as a result of the Covid-19 pandemic.
Read moreThursday broker round-up
17th Sep 2020 13:25
(Sharecast News) - Compass: Barclays upgrades to overweight with a target price of 1,500.0p.
Read moreFirst Group sees small FY profit as revenues improve
15th Sep 2020 07:54
(Sharecast News) - Bus and rail operator FirstGroup said it expected to make a better-than-expected small full year profit as passenger numbers slowly recovered from the coronavirus pandemic.
Read moreFirstGroup surges on report of PE interest in US operations
7th Sep 2020 08:49
(Sharecast News) - Transport operator FirstGroup surged on Monday following a report that its US operations have attracted interest from several major private equity firms.
Read moreSunday newspaper round-up: Brexit, Morrisons, Extinction Rebellion
6th Sep 2020 12:28
(Sharecast News) - The Brexit negotiations will be over in days unless the EU realises Britain is serious about no-deal, government sources have warned. The eighth round of talks with Brussels begin on Tuesday, with progress crucial if the two sides are to finally reach an agreement. It comes as the Telegraph reported on Saturday that the EU's chief negotiator Michel Barnier is to be sidelined in a bid to break the deadlock. But as the deadline on the discussions fast approaches, No 10 insiders say there will be no deal unless the bloc shows "more realism" on the "scale of the change that results from our departure". - Sunday Telegraph
Read moreUK govt extends FirstGroup GWR emergency measures
1st Sep 2020 07:33
(Sharecast News) - Transport operator FirstGroup said the UK government had exercised its option to extend the Emergency Measures Agreement (EMA) for Great Western Railway (GWR) until at least June next year.
Read moreCanaccord Genuity upgrades FirstGroup to 'buy'
27th Jul 2020 15:10
(Sharecast News) - Analysts at Canaccord Genuity upgraded their stance on transport operator FirstGroup from 'hold' to 'buy' on Monday but noted that timing remained uncertain despite the firm's good value.
Read moreTuesday broker round-up
21st Jul 2020 12:58
(Sharecast News) - Premier Oil: Peel Hunt upgrades to buy with a target price of 50.0p.
Read moreSunday newspaper round-up: Freeports, UK equities, Trump
12th Jul 2020 12:15
(Sharecast News) - Taxes and red tape will be slashed in towns and cities across the country next year, under government plans for a post-Brexit and post-coronavirus economic revolution. Rishi Sunak, the Chancellor, is preparing to introduce sweeping tax cuts and an overhaul of planning laws in up to 10 new "freeports" within a year of the UK becoming fully independent from the European Union in December, The Telegraph can reveal. - Sunday Telegraph
Read moreThursday broker round-up
9th Jul 2020 13:51
(Sharecast News) - Hargreaves Lansdown: Berenberg reiterates hold with a target price of 1,830.0p.
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