Stagecoach FY revenue, profits rise amid recovery in passenger volumes
7th Dec 2022 10:31
(Sharecast News) - Transport firm Stagecoach said on Wednesday that revenues and underlying profits rose in the six months ended 29 October amid a recovery in passenger volumes.
Read moreStagecoach Merseyside bus workers to take all-out strike action
8th Jul 2022 11:35
(Sharecast News) - Bus workers at Stagecoach Merseyside will take all-out strike action in a dispute over pay, the Unite union has said.
Read moreStagecoach to buy Kelsian's east London bus operations for £20m
27th May 2022 11:21
(Sharecast News) - Stagecoach said on Friday that it has agreed to buy Kelsian Group's east London bus operations and depot at Lea Interchange for £20m.
Read moreSunday newspaper round-up: Biden, Beer, Royal Mail
27th Mar 2022 19:59
(Sharecast News) - The White House clarified comments from Joe Biden who earlier had called for Russian President Vladimir Putin's ouster. In a speech delivered in Poland, Biden said: ""For God's sake, this man cannot remain in power." A spokesman for the White soon after stated that US leader was not talking about 'regime change'. "The president's point was that Putin cannot be allowed to exercise power over his neighbours or the region," the spokesman explained. - The Sunday Times
Read moreLiberum slashes National Express price target
14th Mar 2022 08:39
(Sharecast News) - Liberum slashed its price target on National Express on Monday to remove upside from the Stagecoach deal, which has fallen through.
Read moreLiberum downgrades Stagecoach to 'hold' following cash offer
10th Mar 2022 10:09
(Sharecast News) - Analysts at Liberum downgraded public transport operator Stagecoach from 'buy' to 'hold' on Thursday but stated yesterday's 105.0p cash offer provided some "short-term certainty".
Read moreNational Express out of the running as Stagecoach agrees takeover by DWS
9th Mar 2022 07:56
(Sharecast News) - Stagecoach said on Wednesday that it no longer plans to recommend a £470m takeover by National Express, after agreeing to be bought by an infrastructure fund managed and advised by DWS Infrastructure, in a £594.9m deal.
Read moreStagecoach 'on course' to meet FY expectations despite Omicron disruption
2nd Mar 2022 10:16
(Sharecast News) - Public transport operator Stagecoach Group said on Wednesday that it was "on course" to meet full-year trading forecasts, with both its regional bus and London bus businesses performing broadly in line with internal expectations.
Read moreRegulator to probe National Express-Stagecoach merger
26th Jan 2022 10:30
(Sharecast News) - The competition watchdog is to investigate the proposed £1.9bn merger of National Express and Stagecoach, it was confirmed on Wednesday.
Read moreNational Express buys Stagecoach for £468m
14th Dec 2021 12:03
(Sharecast News) - National Express has agreed to buy Stagecoach in a deal the combines two of Britain's biggest public transport operators in the wake of the pandemic.
Read moreStagecoach sells intercity services as merger deadline looms
14th Dec 2021 09:43
(Sharecast News) - Stagecoach has agreed to sell Megabus and two other intercity coach services for £8.75m to head off potential competition barriers to its proposed merger with National Express.
Read moreStagecoach profit jumps but business softens
8th Dec 2021 07:58
(Sharecast News) - Stagecoach's first-half profit rose sharply as the bus and coach operator's business revived but it said bad weather and changing Covid-19 guidance had caused business to soften.
Read moreNational Express receives extension for Stagecoach takeover deadline
16th Nov 2021 08:01
(Sharecast News) - Public transport operators Stagecoach and National Express said on Tuesday that the deadline for their potential merger had been extended to 14 December, with reciprocal due diligence now at an advanced stage as "constructive discussions" between the pair regarding the possible all-share combination continued.
Read moreNational Express given more time for Stagecoach bid
18th Oct 2021 08:00
(Sharecast News) - UK bus and train operator National Express has been given until November 16 to make a bid for rival Stagecoach, the two companies said on Monday.
Read moreStagecoach reports ongoing recovery in passenger demand
12th Oct 2021 09:15
(Sharecast News) - Passenger transport operator Stagecoach Group said in a trading update on Tuesday that passenger demand for its regional bus operations had been recovering in recent weeks alongside the return of schools and universities.
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