|Bid||129.70 x 0|
|Ask||129.90 x 0|
|Day's range||127.30 - 132.40|
|52-week range||78.30 - 138.80|
|Beta (3Y monthly)||0.79|
|PE ratio (TTM)||N/A|
|Earnings date||14 Nov 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||99.10|
1 November 2019 FirstGroup plc Voting Rights and Capital In conformity with the FCA’s Disclosure Guidance and Transparency Rules (DGTR) 5.6.1R, FirstGroup plc advises that as at 31 October 2019 its capital ...
A British employers' group criticised on Monday what it said would be the "beyond eye-watering" cost of the opposition Labour Party's plans to return utilities, train companies and the Royal Mail to public ownership. The Labour Party has moved sharply to the left under its leader Jeremy Corbyn, and although it lags the ruling Conservatives in opinion polls, Brexit turmoil and the likelihood of an early election could see it take power. The Confederation of British Industry said Labour's plans would have an upfront cost of 196 billion pounds ($249 billion), assuming Labour paid the full market value of companies involved - similar to a 176 billion-pound estimate made last year by the pro-privatisation Centre for Policy Studies think tank.
Shares in Firstgroup (LON:FGP) have been in an uptrend in recent months, and the question now for investors is whether that price strength will continue. Findi8230;
TR-1: S tandard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : FirstGroup ...
Last month, units TrenItalia UK and First Rail secured the British rail franchise that links London, Manchester and Glasgow. FirstGroup already operates the Great Western, South Western and TransPennine Express franchises. The investigation, which follows the European Commission's decision to refer the case to the United Kingdom, will consider whether the award of the rail franchise could lead to competition concerns, the Competition and Markets Authority (CMA) said.
The Sunday Telegraph newspaper reported earlier that the rail and bus operator was poised to offload part of its bus business to its own managers, months after it said it planned to spin off its UK bus arm. "There are a number of potential outcomes for the separation of First Bus from the group and we are currently pursuing these options," the spokesman said in a statement.
FirstGroup is set to take over the franchise in December, and is being lined up to run trains on the High Speed 2 line planned for some similar routes, the government said https://uk.reuters.com/article/uk-firstgroup-railway-idUKKCN1V40SH in August. The award of the West Coast Mainline contract to a joint venture, 70% owned by First and 30% by TrenItalia, marks the end of Richard Branson's Virgin Group involvement with Britain's railways after more than 20 years. FirstGroup, which already operates the Great Western, South Western and TransPennine Express franchises, said an initial review of the award will be carried out by Britain's Competition and Markets Authority.
Further to the announcement on 14 August 2019, FirstGroup plc and Trenitalia UK Ltd are pleased to announce that the Department for Transport yesterday (28 August 2019) formally signed the new West Coast Partnership agreement with our 70:30 joint venture First Trenitalia West Coast Rail Limited, following the customary ‘standstill period’ of at least ten days. As with other UK rail franchise awards, a ‘phase one review’ of the award will also be carried out by the Competition and Markets Authority. The new Partnership will operate from 8 December 2019.
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FirstGroup plc (‘FirstGroup’ or ‘the Group’) announces that David Martin has been appointed to the Board and will become Chairman with immediate effect. David is the former Chief Executive of Arriva, a leading passenger transport group providing a range of services including bus, coach and rail operations across 14 countries, with revenues of over €6bn.
The award of the West Coast Mainline contract to a joint venture 70% owned by First and 30% by Italy's TrenItalia marks the end of Richard Branson's Virgin Group involvement with Britain's railways after more than 20 years. Virgin's West Coast partner Stagecoach was disqualified from bidding for the new contract after it did not comply with rules over pension funding. FirstGroup Chief Executive Officer Matthew Gregory said the joint venture was committed to delivering a range of improvements on the West Coast mainline, which he said had been one of the most consistently successful franchises over the last 20 years.
FirstGroup plc and Trenitalia UK Ltd welcome today’s announcement by the Department for Transport (‘DfT’) of its intention to award the new West Coast Partnership (‘the Partnership’) to our 70:30 joint venture First Trenitalia West Coast Rail Limited (‘First Trenitalia’). The new Partnership will operate from 8 December 2019 and comprises two distinct phases.