Tuesday newspaper round-up: Bonds, Shell, bookmaker levy, farm boost
18th Oct 2016 06:56
(ShareCast News) - Investors dumped UK government bonds yesterday in one of the heaviest sell-offs since the Brexit vote as international demand for sterling assets declined rapidly. Overseas investors are becoming increasingly worried that inflation and a move by the Conservative government towards
Read moreCommuters face further disruption as Southern Rail strikes continue
11th Oct 2016 09:03
(ShareCast News) - Southern Rail workers were going forward with their three day planned strike on Tuesday, despite the Rail, Maritime and Transport (RMT) union advising its members to sign the rail company's new contracts. The strike action has been ongoing since April over the role of guards on So
Read moreWednesday broker round-up
21st Sep 2016 10:57
(ShareCast News) - Barclays: HSBC upgrades to buy with a target price of 190p. Reckitt Benckiser: UBS keeps at buy, 8000p target. Go-Ahead: Deutsche Bank keeps at buy with a 2330p target. Kingfisher: HSBC reiterates hold with a 365p target. BHP Billition: Barclays keeps at equal-weight with a 990
Read moreDeutsche Bank initiates coverage of FirstGroup, Go-Ahead, National Express
21st Sep 2016 09:39
(ShareCast News) - Deutsche Bank initiated coverage of FirstGroup, Go-Ahead and National Express as it took a look at the European Bus & Rail sector. The bank started FirstGroup at 'sell' with a 94p price target, pointing to weak free cash flow generation, high leverage and the absence of a dividend
Read moreTuesday broker round-up
13th Sep 2016 11:56
(ShareCast News) - GVC Holdings: Berenberg reiterates buy with a target price of 760p. Softcat: Citigroup reiterates buy, 410p target. GlaxoSmithKline: Jefferies downgrades to underperform with a 2300p target. Relx: UBS stays at buy with a 1600p target. GB Group: Citigroup starts coverage at buy
Read moreFriday broker round-up
2nd Sep 2016 19:04
(ShareCast News) - Pearson: JP Morgan reiterates neutral with a target price of 940p. Vodafone: UBS maintains buy with a 310p target. Glaxosmithkline: UBS keeps at neutral with a 1650p target. GKN: Canaccord reiterates buy with a 370p target. Legal & General: Macquarie keeps at neutral with a tar
Read moreSouthern operator Go-Ahead finishes year ahead
2nd Sep 2016 07:23
(ShareCast News) - Passenger transport operator Go-Ahead Group posted its preliminary full-year results for the year to 2 July on Friday, with its overall results slightly ahead of management expectations. The FTSE 250 firm achieves its £100m bus target, with adjusted operating profit there up 8% to
Read moreGovernment throws £20m at Go-Ahead's Southern problem
1st Sep 2016 12:47
(ShareCast News) - Westminster sent in a so-called 'hit squad' to deal with the struggling Southern Railway franchise on Thursday, as passengers continued to face severe disruption on the ailing operation. Transport Secretary Chris Grayling has given a team of "experienced figures" from the rail ind
Read moreRail fares to increase 1.9% in 2017 after RPI inflation rises
16th Aug 2016 09:52
(ShareCast News) - Regulated rail fares in England, Scotland and Wales are due to increase by 1.9% from January 2017 based on official retail price inflation increases announced on Tuesday. After the Office for National Statistics showed the retail price index (RPI) rose 1.9% in July, up from 1.7% i
Read moreClaire Perry resigns as rail minister as Southern chaos continues
15th Jul 2016 16:14
(ShareCast News) - Rail minister Claire Perry fell on her sword on Friday, and resigned, as the poor performance of Southern Railway continued to plague commuters. The Department for Transport gave no reason for her resignation, which she reportedly turned in on Thursday evening, though earlier in t
Read moreKhan calls for Southern Rail to be taken from Go-Ahead's Govia
12th Jul 2016 10:49
(ShareCast News) - Mayor of London Sadiq Khan has called for the Southern Rail franchise to be withdrawn from train company Go-Ahead Group after months of delays and cancellations. After passengers staged a protest on Monday at Victoria station labelling the service "Southern Fail", Khan sympathised
Read moreMinister tells Southern Railway to pull up its socks
11th Jul 2016 10:08
(ShareCast News) - Under-fire train operating company Southern Railway has been warned by the rail minister to pull up its socks - or risk having its parent company barred from bidding for any future franchises. The operator is responsible for routes in south London and the south of England, primari
Read moreSouthern axes 15pc of timetable, suspends routes
5th Jul 2016 11:31
(ShareCast News) - Train operator Southern Railway has brought down the axe on hundreds of services across its network, in a bid to stem ongoing cancellations, delays and disruption across its network in London and southern England. Southern is part of Govia Thameslink Railway, which is 65% owned by
Read moreRail operators to crack down on London fare dodgers
27th Jun 2016 11:52
(ShareCast News) - Rail operators plan to go after fare dodgers over the summer, teaming up with transport police to catch those responsible for losses said to be more than £200m each year. It's understood the campaign will see revenue inspectors - many assisted by British Transport Police officers
Read moreBroker tips: Premier Oil, ICap, Go-Ahead
21st Jun 2016 16:30
(ShareCast News) - Analysts at Barclays re-jigged their recommendations on European Exploration and Production companies in order to take into account the recent rise in crude oil prices and improved investor sentiment regarding companies´ ability to execute to plan operationally. In the process the
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