Friday tips round-up: Colt, William Hill, Go-Ahead...
22nd Oct 2010 06:50
Long-term watchers of Colt Group could be mistaken for thinking of the telecoms company as a perpetual restructuring machine. Over the past decade, and under various chief executives, the business has cut costs and restructured itself on numerous occasions in order to complete its transition to a
Read moreLondon close: Footsie shrugs off spending cuts
20th Oct 2010 16:51
A strong performance on Wall Street breathed life back into Footsie after the leading share index suffered a weak spell following the Compehensive Spending Review (CSR). One sector to give the CSR the thumbs up was bus companies such as Stagecoach, Go-Ahead, FirstGroup and National Express. The sub
Read moreBus companies cheer continued subsidies
20th Oct 2010 16:32
Bus companies were in the fast lane on Wednesday after the government maintained bus subsidies. The subsidies paid to bus operators such as Stagecoach, Go-Ahead and National Express will be reduced by 20% by 2014. Investors had been fearing much bigger cuts. All three companies posted strong gain
Read moreFriday tips round-up: Go Ahead, Thomas Cook, McBride...
3rd Sep 2010 06:57
Go-Ahead, the bus and train operator, produced a set of full-year results ahead of City forecasts yesterday that showed that many of its cogs are turning rapidly. The road ahead could contain a few potholes, however. For instance, the company's operations rely heavily on commuters in the south-east
Read moreLondon close: Footsie little changed
2nd Sep 2010 16:31
Leading shares struggled for direction all day and closed little changed as most blue chips traded sideways. Wall Street was similarly becalmed with the Dow Jones up just one point in the first few hours. European bourses did better as the ECB upped its forecast for eurozone growth for this year an
Read moreFTSE 250 movers: Go-Ahead pulls away
2nd Sep 2010 14:43
Rail and bus company Go-Ahead is moves ahead after full-year results. The company is cautious about the economic outlook and the prospect of government spending cuts after reporting a fall in profits in the year to July 3 amid tough conditions. Takeover speculation has given Yell something to shout
Read moreLondon afternoon: Bid talk spices up dull day
2nd Sep 2010 14:28
Leading shares are still lacking direction, a condition matched in the US where shares are expected to open mixed. High-flying computer chip designer ARM Holdings is flying a little lower today after Panmure Gordon reiterated its "sell" recommendation and cut its price target for the stock to 265p
Read moreBroker tips: Hays, Go-Ahead, H&T
2nd Sep 2010 12:50
Recruitment firm Hays delivered full year results that were ahead of expectations but the outlook for the UK continues to look bleak in KBC Peel Hunt's view, though the broker notes this is largely reflected in the price. "Current performance echoes what the peer group has been saying, with markets
Read moreLondon midday: Profit-takers weaken ARM
2nd Sep 2010 12:07
London completed an indecisive morning with the blue-chip index marginally in the red. Investors have shown little inclination to chase prices higher after yesterday's strong advance and economic data has not been helpful to sentiment. UK construction sector growth slowed for the third month in a
Read moreBroker snap: Panmure slashes Go-Ahead price target
2nd Sep 2010 11:58
Panmure Gordon has cut its rating for bus and train group Go-Ahead Group despite Thursday's results from the group exceeding its expectations, as the broker has concerns over the potential lack of earnings growth in the coming years. The broker no longer thinks the shares are a "buy", but with a
Read moreLondon open: Shaky start for top share index
2nd Sep 2010 08:41
Shares are slightly lower in early dealings as traders pause for breath following yesterday's strong gains. In company news, AstraZeneca has received approval from the European Commission (EC) for its schizophrenia and bipolar drug Seroquel XR as an add-on treatment for major depressive episodes wh
Read moreGovernment spending cuts leave Go-Ahead cautious
2nd Sep 2010 07:25
Rail and bus company Go-Ahead is cautious on the economic outlook and the prospect of government spending cuts after reporting a fall in profits in the year to July 3 amid tough conditions. The operator of the Southern, Southeastern and Gatwick Express rail franchises and bus operations in cities s
Read moreSunday tips round-up: Go-Ahead, GW Pharmaceuticals, Royal Dutch Shell
1st Aug 2010 12:21
Go-Ahead operates three train franchises - Southern, Southeastern and London Midland - and eight bus companies. Nearly a billion passenger journeys are taken annually on its services and it runs more than 3,500 buses. Go-Ahead has had a better recession than many of its peers. The shares are 1116p
Read moreMARKET TALK: HSBC Initiates Coverage of UK Bus, Rail Stocks
19th Jul 2010 07:28
0628 GMT [Dow Jones] HSBC initiates coverage of UK bus and rail stocks with National Express (NEX.LN) at overweight, 275p target; FirstGroup (FGP.LN) and Go-Ahead Group (GOG.LN) at neutral with 360p and 1110p targets respectively; and Stagecoach (SGC.LN) at underweight with 175p target. The sector
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
19th Jul 2010 07:28
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0628 GMT [Dow Jones] HSBC initiates coverage of UK bus and rail stocks with National Express (NEX.LN) at overweight, 275p ta
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