Don't even try taking a train next week, says Network Rail
15th Jun 2022 15:01
(Sharecast News) - Don't travel by train unless you absolutely need to, was the advice given on Wednesday ahead of record-large railway strikes next week, with around half of all routes set to be shuttered on three separate days.
Read moreFirstGroup reinstates dividend as profits rise
14th Jun 2022 07:04
(Sharecast News) - Rail and bus operator FirstGroup, which last week rejected a £1.23bn takeover approach, reported higher adjusted operating profits and reinstated its dividend as travel recovered from the Covid pandemic.
Read moreRBC hikes First Group target price, says I Squared offer undervalues company
6th Jun 2022 14:27
(Sharecast News) - Analysts at RBC hiked their target price for shares of First Group on the back of improved estimates for the company's UK bus and rail franchise.
Read moreI Squared bid for FirstGroup not enough for some large shareholders
6th Jun 2022 09:19
(Sharecast News) - The possible takeover of FirstGroup by an American private equity firm was called into question on Monday morning, with some of its biggest shareholders saying the offer was "falling short".
Read moreFirstGroup evaluating takeover proposal from I Squared, shares surge
26th May 2022 09:04
(Sharecast News) - FirstGroup surged on Thursday as it said it was evaluating a takeover offer from private equity firm I Squared, which owns Irish energy supplier Energia.
Read moreFirstGroup names Graham Sutherland chief executive
20th Apr 2022 08:07
(Sharecast News) - FTSE 250 bus and rail operator FirstGroup has appointed Graham Sutherland as its chief executive.
Read moreFirstGroup trades in line despite temporary disruption from travel restrictions
25th Feb 2022 07:26
(Sharecast News) - Public transport provider FirstGroup said on Friday that current trading was in line with internal expectations, despite recent Omicron-related travel restrictions temporarily reducing demand levels.
Read moreFirstGroup warns of uncertain recovery amid fresh Covid restrictions
9th Dec 2021 09:32
(Sharecast News) - Bus and rail operator FirstGroup warned of uncertainty around the pace of recovery on Thursday, amid fresh developments in the pandemic.
Read moreFirstgroup proposes £500m tender offer
27th Oct 2021 08:46
(Sharecast News) - Transport company Firstgroup has proposed a tender offer to return as much as £500.0m to shareholders.
Read moreFirstGroup fully exits North America with $172m Greyhound sale
21st Oct 2021 07:47
(Sharecast News) - FirstGroup announced the sale of Greyhound Lines to a wholly-owned subsidiary of FlixMobility on Thursday, completing its stated strategy to focus on its UK public transport businesses.
Read moreFirstGroup buys out Hinkley C worker transport joint venture
4th Oct 2021 08:09
(Sharecast News) - FirstGroup announced on Monday that its wholly-owned subsidiary First South West has acquired the remaining 50% shareholding in its Somerset Passenger Solutions (SPS) joint venture.
Read moreFirstgroup's Greyhound subsidiary awarded funding grant from Treasury Department
30th Sep 2021 08:05
(Sharecast News) - School buses operator Firstgroup said on Thursday that its Greyhound subsidiary had been awarded an initial funding grant of $84.6m from the US Department of the Treasury.
Read moreFirstGroup trading in line YTD, announces tender offer
13th Sep 2021 09:21
(Sharecast News) - Transport business FirstGroup said on Monday that its year-to-date trading performance was in line with expectations and that it would be launching a tender offer in order to return some value to shareholders.
Read moreFirstGroup signs £300m sustainability-linked facility
31st Aug 2021 07:38
(Sharecast News) - FirstGroup has signed a new £300m sustainability-linked revolving credit facility with a group of its relationship banks, it announced on Tuesday.
Read moreFirstGroup CEO steps down after pressure from Coast Capital
27th Jul 2021 07:02
(Sharecast News) - FirstGroup chief executive Matthew Gregory has decided to step down after pressure from major shareholder Coast Capital as the company swung to a full-year profit.
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