Trains companies will face fines for delays of even one minute
21st Jun 2016 10:46
(ShareCast News) - Train companies will be fined if their services run even one minute later than scheduled in a government effort to restore confidence in the rail network, according to reports on Tuesday. Future rail franchises will include rules that will impose penalties or dock funding from ope
Read moreLiberum upgrades Go-Ahead to 'buy'
21st Jun 2016 08:36
(ShareCast News) - Liberum upgraded Go-Ahead Group to 'buy' from 'hold' but trimmed the target price to 2,740p from 2,860p. It said the market's overreaction to the group's recent trading update presented a buying opportunity. "The halving of long-term margin guidance at the GTR rail franchise and
Read moreMonday brings more misery for Govia commuters
20th Jun 2016 08:43
(ShareCast News) - Monday saw another morning of misery for commuters served by Govia, as a broken down train sparked delays on Southeastern services. Trains were suspended between Plumstead and Dartford on the North Kent line after the train failed at Belvedere. Southeastern reported services as d
Read moreFTSE 250 movers: Go Ahead hits buffers; N Brown update in fashion
16th Jun 2016 13:04
(ShareCast News) - Go-Ahead shares were going nowhere on Thursday after commuters on Britain's largest railway franchise were lumped with the promise of more misery this week, as conductors on the Southern arm of Govia Thameslink Railway announced a strike, set down for next Tuesday. The railway fra
Read moreSouthern commuters facing daily misery as Go-Ahead shares plummet
16th Jun 2016 09:36
(ShareCast News) - Commuters on Britain's largest railway franchise were lumped with the promise of more misery this week, as conductors on the Southern arm of Govia Thameslink Railway announced a strike, set down for next Tuesday. The railway franchise - a joint venture between FTSE 250 firm Go-Ahe
Read moreSector movers: Financial services, real estate pace losses
14th Jun 2016 15:14
(ShareCast News) - The results of another online poll pointing to increased momentum for the 'Leave' camp ahead of the EU referendum was again weighing on sterling and financial services and real estate investment firms on Tuesday. According to the latest YouGov poll published in The Times on Tuesda
Read moreBroker tips: Go-Ahead, Henderson Group, Ted Baker
14th Jun 2016 12:07
(ShareCast News) - Investec downgraded its stance on transport operator Go-Ahead to 'add' from 'buy' and cut the price target to 2,500p from 2,800p following the company's full-year pre-close trading update. The brokerage noted that while the outlook for full-year 2016 was broadly unchanged, the out
Read moreInvestec downgrades Go-Ahead on weaker GTR outlook
14th Jun 2016 11:02
(ShareCast News) - Investec downgraded its stance on transport operator Go-Ahead to 'add' from 'buy' and cut the price target to 2,500p from 2,800p following the company's full-year pre-close trading update. The brokerage noted that while the outlook for full-year 2016 was broadly unchanged, the out
Read moreGo-Ahead positive despite slashing outlook for GTR
14th Jun 2016 07:41
(ShareCast News) - Passenger transport operator Go-Ahead Group released a pre-close trading update on Tuesday, in which it said its full year expectations for the year to 2 July remain the same. The FTSE 250 firm's chief executive David Brown said on an adjusted basis, the year will represent anothe
Read moreGo-Ahead raises concerns over Bus Services Bill
24th May 2016 08:45
(ShareCast News) - Passenger transport operator Go-Ahead Group laid out its concerns over the proposed Bus Services Bill on Tuesday, saying it was yet to be convinced that the franchising powers granted to combined authorities will be sufficiently independent. The bill, which was first published on
Read moreRail, mail and the public sector on strike this week
16th May 2016 10:45
(ShareCast News) - Rail, mail and the public sector are set to be affected by strike action this week, with three separate strikes planned. Members of the Rail, Maritime and Transport Union will walk out from Southern Railway for 24 hours on Wednesday in a dispute over driver-only trains, and the ro
Read moreFriday broker round-up
22nd Apr 2016 15:08
(ShareCast News) - Acacia Mining: Jefferies reiterates buy with a 390p target and Citigroup stays at neutral with a target price of 340p. ITV: UBS stays at sell with a 230p target. Easyjet: Credit Suisse keeps at outperform with a target price of 2137p. Lloyds: Deutsche Bank keeps at buy with a t
Read moreGo-Ahead Group on track to meet expectations
21st Apr 2016 08:34
(ShareCast News) - Go-Ahead Group was pleased with its position after the third quarter, updating the market on the three months to 20 April on Thursday. The FTSE 250 transport operator said its regional bus operations followed similar trends in the quarter to the first half of the year, with revenu
Read moreGo-Ahead wins place on West Midlands franchise
7th Apr 2016 08:09
(ShareCast News) - Go-Ahead Group's 65%-owned Govia joint venture has won a place on the shortlist to bid for the West Midlands rail franchise by the UK Department for Transport. Govia, which is 35%-owned by French transport group Keolis, has operated the franchise since 2007. The contract, which r
Read moreArriva wins London Overground concession
18th Mar 2016 08:35
(ShareCast News) - One of London's largest railway concessions was awarded to Arriva on Friday, with the German-owned transport group set to take over the current 50-50 joint venture on London Overground. Transport for London confirmed the £1.5bn contract to operate the 112-station suburban network
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