FirstGroup swings to loss as lockdowns hit travel demand
8th Jul 2020 07:05
(Sharecast News) - Bus and rail operator FirstGroup scrapped its dividend and swung to a full-year loss as coronavirus lockdowns and woes at its US Greyhound business hit operations.
Read moreFirstGroup generates more cash than expected at start of year
28th May 2020 07:31
(Sharecast News) - Public transport operator FirstGroup said it had generated more cash than expected in the first month of the new financial year as coronavirus lockdown measures started to ease.
Read moreFirstGroup expands liquidity to ?800m with Covid financing issue
24th Apr 2020 07:25
(Sharecast News) - FirstGroup said it had boosted liquidity to ?800m after accessing another ?300m under the UK government's Covid Corporate Financing Facility scheme.
Read moreFirstGroup and Go-Ahead shares rise on DfT support for bus services
3rd Apr 2020 08:04
(Sharecast News) - Both FirstGroup and Go-Ahead Group released statements on Friday in favour of a newly-announced financial support for crucial regional bus services in England, from the Department for Transport.
Read moreFirstGroup awarded GWR franchise until 2023
30th Mar 2020 08:02
(Sharecast News) - FirstGroup said it had been awarded a direct contract to continue operating the Great Western Railway franchise until 2023 by the government.
Read moreCovid-19: UK govt suspends rail franchises to stop firms collapsing
23rd Mar 2020 08:53
(Sharecast News) - The UK government effectively renationalised the railways on a temporary basis as it suspended all franchise agreements to help train companies avoid collapse due to the coronavirus pandemic.
Read moreFirstGroup pulls guidance as passenger numbers slump
23rd Mar 2020 08:11
(Sharecast News) - Bus and rail operator FirstGroup said it was no longer able to provide guidance on its results for the rest of the current financial year as passenger volumes slumped further in the UK and North America due to the coronavirus in recent days.
Read moreFirst Group puts US bus contract business up for sale
11th Mar 2020 07:02
(Sharecast News) - UK-based transport operator FirstGroup said it had put its North American contract businesses up for sale as the company rationalised its portfolio, adding that it had received "significant" interest from potential buyers.
Read moreFirstGroup shareholder Coast Capital urges demerger of NA businesses
9th Mar 2020 11:30
(Sharecast News) - FirstGroup shareholder Coast Capital said on Monday that it was planning to requisition an extraordinary general meeting to seek the demerger of the company's North American businesses.
Read moreWednesday broker round-up
29th Jan 2020 13:33
(Sharecast News) - TUI: HSBC upgrades to buy with a target price of 1,040p.
Read moreFirstGroup's South Western Railway could be stripped of franchise
22nd Jan 2020 15:29
(Sharecast News) - The transport secretary described the South Western Railway franchise as "not sustainable" on Wednesday, warning that the operation based at London Waterloo could be nationalised.
Read moreFirstGroup mulls sale of US bus business
16th Dec 2019 07:04
(Sharecast News) - Aberdeen-based bus and train operator FirstGroup on Monday said it was considering options on the future of its US business, including a sale.
Read moreFTSE 250 movers: FirstGroup steams ahead, Qinetiq falls
15th Nov 2019 14:20
(Sharecast News) - London's FTSE 250 was up by 0.33% at 20,299.19 in afternoon trade on Friday, with FirstGroup leading the index higher.
Read moreFirstGroup losses widen, Greyhound sale process 'well advanced'
14th Nov 2019 09:07
(Sharecast News) - Shares in FirstGroup tumbled on Thursday after the transport operator said losses widened significantly in the first half and that the formal sale process for its Greyhound business was "well advanced".
Read moreFTSE 250 movers: Electrocomponents slides, Oxford Instruments climbs
12th Nov 2019 14:34
(Sharecast News) - London's FTSE 250 was down by 0.07% at 20,395.26 in afternoon trading on Tuesday, with Electrocomponents leading the index lower.
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