FirstGroup 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.

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Covid-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.

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FirstGroup 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.

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First 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.

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FirstGroup 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.

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Wednesday broker round-up

29th Jan 2020 13:33

(Sharecast News) - TUI: HSBC upgrades to buy with a target price of 1,040p.

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FirstGroup'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.

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FirstGroup 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.

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FTSE 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.

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FirstGroup 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".

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FTSE 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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CMA flags FirstGroup involvement in West Coast franchise

7th Nov 2019 11:49

(Sharecast News) - The Competition and Markets Authority waded into the awarding of the West Coast rail franchise on Thursday, raising concerns on 21 routes in the north of England and Scotland.

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Workers at FirstGroup's SWR to strike for most of December

5th Nov 2019 15:42

(Sharecast News) - Commuters and holiday travellers in south London, Surrey and much of southern England could be in for a difficult December, as South Western Railway staff announced their intention to walk out for a month from 2 December on Tuesday.

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HS2 put under review, decision promised by year-end

21st Aug 2019 12:04

(Sharecast News) - The future of the HS2 high-speed rail project was thrown into some doubt on Wednesday, as the government announced a review with the promise of a "go or no-go" decision by the end of the year.

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FirstGroup appoints former Arriva boss as new chairman

15th Aug 2019 07:51

(Sharecast News) - FTSE 250 transport operator FirstGroup has appointed the former chief executive of Arriva, David Martin, as it new chairman with immediate effect.

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