FirstGroup to operate West Coast and HS2 franchises with Trenitalia
14th Aug 2019 07:43
(Sharecast News) - FirstGroup's 70-30 joint venture with Italian state railway operator Trenitalia was told by the Department for Transport that it intended to award the new West Coast Partnership rail franchise to the companies.
Read moreRotala acquires Bolton bus depot from FirstGroup
27th Jun 2019 09:45
(Sharecast News) - Bus operator Rotala has acquired a depot in Bolton, Greater Manchester, capable of operating up to 200 vehicles and serving 18 commercial bus routes.
Read moreFirst Group repels attempt to replace six of its board members
25th Jun 2019 16:18
(Sharecast News) - First Group's repelled an attempt by activist investor Coast Capital to replace six of its board members.
Read moreFTSE 250 movers: Just Group climbs, Woodford slips
10th Jun 2019 15:06
(Sharecast News) - London's FTSE 250 was 0.28% higher at 19,285.39 in afternoon trading on Monday, as Just Group led the index higher.
Read moreFirstGroup urges investors to vote against Coast Capital's resolutions
4th Jun 2019 08:33
(Sharecast News) - FirstGroup has hit back at Coast Capital, arguing that the US-based activist investor's proposal to remove six of the current directors and replace them with seven of its own nominees is not in the best interests of shareholders.
Read moreLondon open: Stocks edge higher even as China claims US is 'bullying' it
30th May 2019 07:50
(Sharecast News) - Stocks were moving slightly higher on Thursday morning, with all eyes on the US central bank's number two official and what he had to say regarding the outlook for monetary policy in the world's largest economy, even as an official from China's Ministry of Commerce said that "US bullying will eventually hurt itself" and that the country "won't accept a deal that hurts its sovereignty or its pride".
Read moreFirst Group jumps after announcing intention to sell Greyhound unit, separate First Bus
30th May 2019 07:22
(Sharecast News) - First Group delivered a better than expected full-year performance, on the back of strength in its North American operations, outside of its Greyhound coach unit, and announced the results of a wide-ranging strategy review, including the proposed sale of the iconic coach franchise in the States and the separation of its First Bus operations in the UK.
Read moreRBC Capital ups FirstGroup to 'outperform'
14th May 2019 07:58
(Sharecast News) - RBC Capital Markets upped its stance on FirstGroup shares to 'outperform' from 'sector perform' on Tuesday and hiked the price target to 160p from 95p.
Read moreFirstGroup investor demands board shake-up
13th May 2019 07:34
(Sharecast News) - One of FirstGroup's biggest shareholders has demanded the company call a meeting to remove more than half the board including its chief executive and chairman.
Read moreFirstGroup appoints Taylor Wimpey's Mangold as CFO
2nd May 2019 09:20
(Sharecast News) - Transport services FirstGroup made a series of changes to its boardroom on Thursday, appointing a new CFO and non-executive director.
Read moreUK bus and rail sector 'running out of steam', says HSBC
9th Apr 2019 11:56
(Sharecast News) - Analysts at HSBC took a fresh look at Britain's bus and rail transport businesses on Tuesday, changing their estimates and target prices on several outfits as the sector appeared to be "running out of steam".
Read moreGo-Ahead Group buys Manchester bus depot in £11.17m deal
19th Feb 2019 08:15
(Sharecast News) - Go-Ahead Group has agreed terms with FirstGroup to purchase the Queen's Road bus depot, it announced on Tuesday.
Read moreFirstGroup revenues rise 13.7% despite fall in bus passengers
19th Feb 2019 08:03
(Sharecast News) - Transport operator FirstGroup on Tuesday said revenues grew 13.7% in the year to date as the company maintained its outlook for the full year.
Read moreTuesday broker round-up
5th Feb 2019 12:22
(Sharecast News) - Morrison: Berenberg upgrades to buy with a target price of 285p.
Read moreRail franchise payments slump as revenues slow across the industry
30th Jan 2019 13:20
(Sharecast News) - Train operators paid the government £400m in 2017/18, a £300m slide on the previous year's payment.
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