National Express appoints former KPMG vice chairman as non-exec director
2nd Dec 2015 08:09
(ShareCast News) - Ashley Steel has been appointed as independent non-executive director of National Express, the transport operator said on Wednesday. Steel, who will join the company on 1 January next year and will also be a member of the safety and environment and audit committees, has held the r
Read moreNational Express second quarter revenue accelerates
29th Oct 2015 08:04
(ShareCast News) - National Express posted growth at constant currency across all of its divisions in the second quarter and registered an increase in operating profits. In the three months to the end of September, the transport operator said group revenue grew 3% year-on-year, while like-for-like p
Read moreFTSE 250 movers: TalkTalk worries rumble on, as National Express motors
26th Oct 2015 14:50
(ShareCast News) - The FTSE 250 decelerated gradually over the course of Monday's trading, finishing the session down 0.36% at 17,178.66. TalkTalk continued its decline after last week's revelations of a major cyber-attack rumbled on since the weekend. Analysts have calculated that the cyberattack c
Read moreMonday broker round-up
26th Oct 2015 08:57
(ShareCast News) - Zoopla Property Group (wi): Berenberg Bank reiterates to buy, reduces target price to 300.00p. Northgate: Jefferies upgrades to buy, reduces target price to 530.00p. Brammer: Jefferies upgrades to buy, lowers target price to 260.00p. National Express Group: RBC Capital Markets u
Read moreFTSE 250 movers: Entertainment One leads risers on stake sale
16th Sep 2015 13:55
(ShareCast News) - The FTSE 250 was up slightly with the index of mid-cap, 80 points, or 0.48% higher at 17,042. Leading the risers was Entertainment One, up 7% on news Marwyn Value Investors has sold its last remaining stake in the film and television distributor and said it will return part of the
Read moreNational Express wins €500m Portugal contract
16th Sep 2015 12:32
(ShareCast News) - Transport operator National Express said its Spanish business, ALSA, has been named preferred bidder for a contract to operate buses in Porto, Portugal, which is expected to generate revenues of around €500m. The contract will run for 10 years and National Express' services will c
Read moreNational Express profit accelerates in first half
29th Jul 2015 10:52
(ShareCast News) - Public transport operator National Express said its pre-tax profit for the first half of the year increased, while revenue also edged higher. In a statement released on Wednesday, the group said its pre-tax profit for the six months to 30 June more than doubled to £54.3m, driven h
Read moreNational Express appoints new non-executive director
6th Jul 2015 11:25
Transport company National Express has appointed Mike McKeon as an independent non-executive director. McKeon is already a director at investment trust Merchants Trust. The executive will join the safety and environment committee and eventually replace interim audit committee chair Chris Muntwyler,
Read moreTransport operator National Express Group confirms two German contracts
29th Jun 2015 15:30
Transport operator National Express Group confirms two more German contracts. National Express Group said it had won two German rail contracts, weeks after being named the preferred bidder. The contract were to run Rhine-Ruhr Express services in Cologne, Dusseldorf and Dortmund, in Germany's most p
Read moreNational Express wins two German rail contracts
16th Jun 2015 14:55
National Express said on Tuesday that it has won two new German rail contracts that are expected to generate revenues of around €1bn over their lifetimes. The contracts are with local transport authorities in the North Rhine-Westphalia region in Germany and are two of three covering the Rhine-Ruhr E
Read moreFTSE 250 movers: National Express higher on German hopes, Crest Nicholson hit by downgarde
16th Jun 2015 13:00
Mid-caps fared better than the blue chips on Tuesday, as losses from the industrial metals, telecommunications and oil sectors were offset by strong performances from pharmaceutical, property and utility stocks. As of 15:00 BST, the FTSE 250 was trading flat at 17,726. National Express gained, afte
Read moreNational Express on track to meet expectations
6th May 2015 08:01
National Express remained on track to meet annual expectations as revenue grew across the board in the first four months of 2015, the transport services operator said on Wednesday. Group revenue rose 4% on a constant currency basis, while passenger volumes climbed 2% across the group's divisions and
Read moreFTSE 250 movers: Oil stocks rise on M&A hopes, Go-Ahead upgraded
8th Apr 2015 15:34
A host of stocks in the oil sector were performing well on Wednesday after a £47bn takeover of BG Group by Shell sparked hopes it will trigger a new wave of industry consolidation. Larger players have held up well amid the oil crisis compared with their smaller peers and could now look to snap up st
Read moreHSBC and Nomura slap 'buy' ratings on the UK's Go-Ahead and Stagecoach
8th Apr 2015 12:03
Go-Ahead Group and Stagecoach shares were both rated 'buy' at investment banks HSBC and Nomura who on Wednesday coincidentally offered their updated views on the UK bus and rail transport sector. In separate notes, Nomura upgraded its rating on Go-Ahead to 'buy' from 'neutral 'while HSBC established
Read moreMonday broker round-up
23rd Mar 2015 13:51
RBS: Nomura reiterates buy and lowers target to 350p from 370p. WPP: Westhouse Securities reiterates add lifts target to 1732p from 1577p. HSBC: Nomura reiterates neutral and shaves target to 590p. StanChart: JP Morgan upgrades to overweight. Citi reiterates buy and lifts target to 1300p from 1250
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