|Bid||14.46 x 0|
|Ask||14.43 x 0|
|Day's range||14.43 - 16.99|
|52-week range||13.70 - 20.90|
|Beta (5Y monthly)||0.85|
|PE ratio (TTM)||89.60|
|Forward dividend & yield||0.82 (4.83%)|
|Ex-dividend date||05 Sep 2019|
|1y target est||265.36|
For many, the main point of investing is to generate higher returns than the overall market. But the main game is to...
Sweden's Securitas aims to double sales of electronic security, including combined packages, to about 40 billion crowns ($4.2 billion) by 2023, it said on Thursday. The world's biggest security group, the services of which include guard personnel, alarm surveillance and airport security, wants to increase the share of electronic surveillance in its business mix, thereby reducing wage costs. Securitas also seeks to move away from standalone service contracts towards more profitable packages that combine electronic security with other protective services, such as fire safety, corporate risk management and traditional manned guarding services.
Norway's $1.1 trillion wealth fund can no longer invest in G4S because of the "unacceptable risk" that the security services company contributes to, or is responsible for human rights violations, the central bank said on Thursday. Norway's fund held a 2.33% stake in G4S at the end of 2018, worth some $90 million at the time, according to fund's own data. G4S shares fell on the news.
Some of the very best UK-listed companies can be found on the FTSE 350. These companies have often been paying dividends for a very long time, making them prim8230;
G4S said in August it would look at offers for all or part of its cash transport business after its board approved hiving it off into a separate company in the first half of 2020. Brinks Co is one of the prospective bidders that have approached the world's largest private security firm about buying its cash solutions arm, according to the report https://news.sky.com/story/us-cash-handling-giant-brinks-plots-raid-on-1bn-g4s-arm-11803439. G4S declined to comment to a Reuters request, while Brinks did not immediately comment.
G4S acknowledged Garda's decision and said it had not received any proposals or requests for extension of the May 8 deadline from the Canadian firm during the offer period. Garda said on Sunday it did not intend to make an offer for G4S, having previously said it was considering a cash offer for some or all of the company. Shares of G4S, the world's largest listed security company, recouped some initial losses to trade down 5.6 percent as of 0711 GMT, after it also said it would focus on its previously announced review to separate its cash solutions unit.
Canada's Garda World Security said on Wednesday it was considering a cash offer for some or all of G4S, sending shares in the world's largest listed security company up almost a third for their biggest daily gain in nearly two decades. At Wednesday's close, G4S shares were up about 20 percent at 215.35 pence, adding nearly half a billion pounds to its value and taking the British security firm's market capitalisation to about £3.4 billion. An offer could mark a change of fortune for G4S, which is struggling to recover from a string of scandals, notably a failure in 2012 to provide enough guards for the London Olympic Games.