Firstgroup

PRESS DIGEST - British business press - Nov 6

The Times CRUNCH HALTS FUNDRAISING FOR DORSET GAS-FILL PROJECT A gas storage project costing 500 million pounds to reduce volatility in British energy prices has become the latest victim of the credit crunch. TIMES MPC URGES...

Thursday tips round-up: FirstGroup, Findel, ITV

is not immune to economic conditions and when stripping out the performance of Greyhound, its North American profits were slightly below some analysts' expectations. The dividend is still more than twice covered by forecast...

FirstGroup enjoys margin growth

FirstGroup, one of the world's largest public transport groups, shrugged off negative economic sentiment in its key markets to report strong growth in first-half revenue and underlying profits. The results for the six months to...

FTSE 100 closes down after six day winning streak

Nov 5 2008 Sion Barry. Eurasian Natural Resources was the leading blue-chip casualty, down 49p to 359p, or 12%. It was closely followed by stablemate Kazakhmys, which shed 43p to 354.25p, while Vedanta Resources was 91.5p...

Miners hit as profit-taking ends index’s six-day climb

The FTSE 100 dropped by more than 2 per cent yesterday as investors took profits after six consecutive positive sessions. Mining stocks, which had led the recent recovery, were the worst hit, with Eurasian Natural Resources,...

Greyhound chugs back to profit, and is ready to take on National Express

Firstgroup is weighing up plans to launch its iconic US Greyhound coach service in the UK, pitching it into a head-tohead fight with rival National Express. The transport group inherited Greyhound when it acquired American...

FTSE ends 6-day winning run, down 2.3 pct on commods

By Dominic Lau LONDON, Nov 5 (Reuters) - Britain's leading share index fell 2.3 percent on Wednesday, ending a six-session winning streak, as investors shifted their focus back to the faltering economy after Democrat Barack...

RUPERT STEINER'S MARKET REPORT: Dealers call halt to Obama party

Anyone who hoped to see any fireworks light up the markets in a post-Obama share rally were forced to think again. Instead, investors in London took profits, ending a six-day winning streak for the Footsie. Both pharmaceutical...

FTSE's good run stalls

A six-session winning run for the FTSE 100 Index looked set to end today after European markets suffered losses of around 2%. The declines were in contrast to the performance of markets overnight, with Wall Street stocks...

Drop in diesel tricks budgets

Lower gas prices have helped cash-strapped consumers, but cheaper diesel fuel may be undermining a strategy that some companies and public transit agencies employ to manage their budgets. Northern Kentucky's TANK and...