FirstGroup Shares News & Articles

Market report: Profit misses at HSBC and BHP although dividends maintained, Greggs soars on vegan lines

Dividends take centre stage in early trade on Tuesday as banking giant HSBC (HSBA) and mining group BHP Billiton (BHP) maintain payouts to investors, while hotels operator Intercontinental Hotels (IHG) ups its own shareholder hand out by 10%. HSBC continues to demonstrate what a profitable core business it has as it increasingly concentrates on Asia, posting a near 16% rise in pre-tax profit ...

FirstGroup plunge into the red and CEO exit may have investors praying for new Apollo landing

FTSE 250 buses and trains operator FirstGroup (FGP) is the biggest faller on the FTSE All-Share index on Thursday. The share price crashed more than 14% lower to 95.15p after plunging into the red last year, sparking its chief executive officer (CEO) to resign. CEO Tim O’Toole had run the operator of the Great Western and South Western railway franchises for the past seven and a half ...

FirstGroup shares at two year low amid competition from air travel and weather disruption

Competition from air travel and bad weather in North America have forced bus and train operator FirstGroup (FGP) to downgrade its earnings guidance. It doesn’t given an explicit number, merely saying the outlook for adjusted earnings per share is ‘slightly reduced’, adding that the business is still expected to generate substantial levels of cash in the current financial year. The news ...

Election countdown: what each political party manifesto might mean for investors

The UK is now a week away from voting in the general election. At the time of writing, the Conservative Party held the lead in the polls although the gap against Labour has narrowed. The current market rally, as represented by the domestically-focused FTSE 250 index, implies a Tory victory. There wouldn’t be any radical changes to how the country is run and Theresa May could concentrate on ...
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