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    • FirstGroup, the heavily indebted train and bus operator, has confirmed it is raising £615m through a deeply discounted rights issue and has scrapped its final dividend to ease pressure on its balance sheet ...

    • Ryanair shares hit record after earnings top forecasts Reuters - UK Focus - 1 hour 1 minute ago
      Ryanair announces slight rise in annual profits

      Ryanair posted forecast-beating full-year earnings on Monday, buoyed by strong growth in fares and a sharp rise in charges for items such as baggage and in-flight refreshments. Shares in Europe's largest ...

    • City sources predict the FTSE 100 will open up 19 points from Friday's close of 6,723, which would see it jump past 2007 highs of 6,732 after the US Dow Jones and S&P 500 benchmarks reached fresh record ...

    • LONDON (Reuters) - Bus and rail operator FirstGroup said it hoped to raise 615 million pounds through a rights issue to cut its 2 billion pounds debt as full-year profit collapsed. FirstGroup on Monday ...

    • FirstGroup launches rights issue as profit falls Reuters - UK Focus - 2 hours 28 minutes ago

      Bus and rail operator FirstGroup said it would raise 615 million pounds through a rights issue to pay down debt after its full-year profit fell more than a third. FirstGroup on Monday said its pretax profit ...

    • Ryanair sees profit growth slowing in current year Reuters - UK Focus - 2 hours 34 minutes ago

      Ryanair posted record full-year earnings but warned profit growth would slow sharply in the coming 12 months on demand weakness in the European Union and high fuel and airport costs. Europe's largest budget ...

    • Neil Woodford, fund manager at Invesco Perpetual, is backing the proposed appointment of Sir Roger Carr as chairman of BAE Systems in a crucial blessing that could lead to the plan being confirmed shortly....

    • HONG KONG (Reuters) - Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, ...

    • First Group, the transport giant, is expected to start the firing gun on a rights issue of up to £600m this week to ease concerns over its balance sheet.

    • FirstGroup plans 600 mln stg rights issue -report Reuters - UK Focus - 20 hours ago

      Bus and rail operator FirstGroup plans to announce a 600 million pound rights issue in the coming days to help pay off debt, British media reported on Sunday. FirstGroup's chairman Martin Gilbert, who ...

    • LONDON (Reuters) - Bus and rail operator FirstGroup plans to announce a 600 million pound ($911.5 million) rights issue in the coming days to help pay off debt, British media reported on Sunday. FirstGroup's ...

    • China Spreads Alternative To US GPS System Sky News - Sun, May 19, 2013 06:45 BST
      China Spreads Alternative To US GPS System

      Pakistan is set to become the fifth Asian country to use China's domestic satellite navigation system, which was launched as a rival to the US sat nav system. The Beidou, or Compass, system started providing ...

    • FirstGroup Plots Route To £500m Rights Issue Sky News - Sat, May 18, 2013 11:18 BST
      FirstGroup Plots Route To £500m Rights Issue

      The company behind Greyhound buses and the First Capital Connect rail franchise is poised to tap shareholders for £500m in new funds months after it lost out in the fiasco over the West Coast mainline. ...

    • US ends freeze on new natural gas exports, approves Texas terminal Reuters - UK Focus - Sat, May 18, 2013 00:02 BST

      The Obama administration opened the door to a new era of U.S. energy exports on Friday, approving the first liquefied natural gas project since the start of a heated debate over how best to benefit from ...

    • The long-serving chairman of the FirstGroup transport business, Martin Gilbert, is set to resign next week and the company launch a £600m rights issue.

    • North America natural gas export plans Reuters - UK Focus - Fri, May 17, 2013 20:58 BST

      Freeport LNG became the second project on Friday to receive approval from the U.S. Department of Energy to export domestic natural gas to non-free trade agreement nations. Freeport can export 1.4 billion ...

    • The FTSE 100 rallied in afternoon trade after some better-than-expected economic data from the States, pushing the index to new five-and-a-half-year highs.

    • London open: Stocks pull back after strong gains Sharecast - Fri, May 17, 2013 10:13 BST

      The FTSE 100 registered moderate falls in early trading on Friday in aftermath of a series of disappointing economic figures, as markets pulled back after a strong showing over the last two weeks.

    • National Express welcomes extension to C2c rail franchise Sharecast - Fri, May 17, 2013 09:08 BST

      Transport company National Express has cheered its investors with the news the Department for Transport has decided to extend the c2c rail franchise to September 2014.

    • Friday preview: Premier Farnell reports on first quarter Sharecast - Fri, May 17, 2013 08:09 BST

      Premier Farnell, the British distributor of electronic components to engineers, will release a first-quarter trading update on Friday, updating shareholders on its performance since the financial year-end ...

    • London midday: Markets rally as banks rise Sharecast - Fri, May 17, 2013 01:14 BST

      After a subdued start, the FTSE 100 pushed into positive territory ahead of the opening bell in New York with financials leading the rise after a broker upgrade.

    • Optos records eye-catching fall Telegraph - Thu, May 16, 2013 19:50 BST

      Shares in the eye scanning company fell as much as 31pc during trading.

    • The FTSE 100 has finally ended its long-running winning streak after poor economic data from the States dampened stocks by the close of trade on Thursday.

    • Thursday preview: Premier Farnell reports on first quarter Sharecast - Thu, May 16, 2013 17:20 BST

      Premier Farnell, the British distributor of electronic components to engineers, will release a first-quarter trading update on Friday, updating shareholders on its performance since the financial year-end ...

    • Virgin Atlantic Plunges To Deeper Annual Loss Sky News - Thu, May 16, 2013 16:21 BST
      Virgin Atlantic Plunges To Deeper Annual Loss

      Virgin Atlantic has dived to a steeper annual loss - blaming tough economic conditions and the London 2012 Olympic Games. The airline, founded by Sir Richard Branson, lost £93m in the year to the end of ...

    • Insurance group Aviva, was leading the risers after it said it is delivering on its turnaround strategy.

    • Virgin Atlantic losses widen Reuters - Thu, May 16, 2013 14:40 BST

      LONDON (Reuters) - Virgin Atlantic said tough economic conditions over the last year and lower demand for business travel caused by the London Olympics dragged it to a wider annual loss. The airline, founded ...

    • Thursday broker round-up UPDATE Sharecast - Thu, May 16, 2013 14:03 BST

      Barratt Developments: Deutsche Bank lowers target price from 336p to 327p, while leaving its buy recommendation unaltered.

    • MARKET PULSE-Cisco, Wal-Mart, Kohl's, Tesla, AMD, SunPower, Oncothyreon Reuters - UK Focus - Thu, May 16, 2013 13:46 BST

      Some U.S. stocks to watch on Thursday: DOW, S&P FUTURES TURN LOWER AFTER U.S. DATA Dow and S&P 500 index futures turned lower after U.S. weekly jobless claims unexpectedly rose in the latest week and housing ...

    • Marston's appoints new Chairman Sharecast - Thu, May 16, 2013 11:58 BST

      UK pubs group Marston's has appointed Roger Devlin as its new Chairman to replace David Thompson.

    • Thomas Cook flags return to dividends after refinancing Reuters - UK Focus - Thu, May 16, 2013 11:48 BST

      Thomas Cook unveiled a 1.6 billion pound refinancing plan on Thursday designed to cut debt and enable it to resume paying dividends in the latest stage of a turnaround at the world's oldest travel firm. ...

    • Fitch Places Thomas Cook Group plc's Ratings on RWP Reuters - UK Focus - Thu, May 16, 2013 11:46 BST

      Fitch Ratings has placed Thomas Cook Group plc's Long-term foreign currency Issuer Default Rating and senior unsecured rating on Rating Watch Positive . Fitch has also assigned expected ratings of 'B+ ...

    • London open: FTSE 100 breaches 6,700 after Japanese GDP Sharecast - Thu, May 16, 2013 10:08 BST

      The winning streak on the FTSE 100 continued into its 11th day on Thursday as stronger-than-expected growth in Japan boosted London's benchmark index to fresh five-and-a-half-year highs.

    • Marston's eyes improvement after weather-hit first half Reuters - Thu, May 16, 2013 07:47 BST

      LONDON (Reuters) - British pub and brewing firm Marston's , home to the Pitcher & Piano bars, said recent sales had improved as it posted an expected fall in profit following a weather-hit first half of ...

    • Thomas Cook announces 1.6 bln stg refinancing plan Reuters - UK Focus - Thu, May 16, 2013 07:20 BST

      British tour operator Thomas Cook on Thursday announced a 1.6 billion pound capital refinancing plan, including a placing, rights issue, a bond issue and new banking facilities. The company said it hoped ...

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