National Express

Thomas Cook is hit by fear of fundraising to pay debts

Peter Stiff: Market report Thomas Cook led the FTSE 100 lower yesterday amid fears that the travel group may hold a fundraising. Shares in Thomas Cook fell 9.3p to 209.2p after Morgan Stanley said that it thought there was a...

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Talk of Mitchells & Butlers pension deficit rising by £375m

Mitchells & Butlers was in focus amid chatter the company has seen a huge increase in its pension deficit. At the company's interim results in May, Mitchells & Butlers (M&B) said the last formal valuation on a trustee basis was...

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Forecast bad for holiday firms

A research note from Morgan Stanley said: "Demand is still weak, cost pressures re main and capacity getting harder to cut." That was enough, in an otherwise subdued session, to push shares in Thomas Cook and TUI Travel down by...

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SEGRO leads London real estate lower

European equities markets were lower to end the week Friday as the real estate and travel sectors took hits in London and the oil sector fell along with crude oil prices. The FTSE 100 was 0.31 percent lower to 5,251.41 in...

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Rail firm sets investment hopes

The Department for Transport is looking into the franchise operation A rail operator involved in controversy over a franchise to provide services between London, Essex, Suffolk and Norfolk is bidding for more investment....

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Cosmen family increase stake in National Express

Shares in National Express have accelerated by nearly 5% on news that the Cosmen family has increased its stake in the bus and rail operator. According to an official statement Jorge Cosmen has bought another 501,823 shares at...

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London Markets: British shares edge lower, broker changes eyed

London shares lower as broker changes eyed FTSE 100 index down 0.3%; Tui Travel, Thomas Cook downgraded , MarketWatch LONDON (MarketWatch) -- British stocks edged lower on Friday, with broker downgrades weighing on shares of...

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Logistics business: PwC report indicates Q3 transportation and logisitcs M&A activity inches up

Rate of activity shows growth, but future gains are tied to improving freight volumes and looser credit accessibiity Jeff Berman, Group News Editor -- Logistics Management, 11/19/2009 NEW YORK-Compared to the first half of...

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BRUCE SLAMS ECML PRICE HIKE

Gordon MP Malcolm Bruce has expressed his anger after the announcement that some fares on the nationalised East Coast Main Line (ECML) will rise by 5% in the New Year. Mr Bruce, who has called on the Government to maintain...

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Market Report: Bargain hunters fuel Arriva's advance

The transport group Arriva raced ahead as bargain hunters piled in last night, with the stock climbing by more than 6 per cent after Goldman Sachs highlighted the "compelling valuation". The broker said the shares, which are...

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