Hints and tips:
...The main discontinued operation was the company’s US bus business, including the Greyhound intercity bus operation, whose sale it announced in October 2021....
...Ultimately, though, all culinary roads lead to The Grey, a former Greyhound bus terminal that has been transformed into a dazzling modern dining room with some of the most extraordinary food I’ve tasted...
...The divestiture follows the sale of the Aberdeen-based group’s US school bus and transit businesses for £3.3bn to Swedish private equity company EQT in July....
...The UK group is yet to sell its struggling US Greyhound intercity coach division....
...It would contribute £336m to its UK pension schemes, while shareholders are in line for a 30p per share payout, totalling £365m....
...The North American business includes First Student, the biggest provider of school transport in the US, and First Transit, a North American bus company, as well as Greyhound....
...I took a Greyhound bus to New York City.” Instead of continuing to live the violence, he made art about it....
...The share price of the Aberdeen-based transport company dropped 18 per cent last Thursday when it cut the value of Greyhound, the US bus company, it put up for sale in May....
...FirstGroup is rationalizing its business and in the process of selling the North American bus businesses (Greyhound + First Student + First Transit)....
...FirstGroup has slashed the value of the troubled US Greyhound bus business it is trying to sell, sending shares in the UK transport group down more than 20 per cent....
...Just as Britain’s rail passengers can count on delays through ‘leaves on the line’ season, FirstGroup shareholders can count on impairments at the bus and train group....
...This has in the past made the bus company a lead indicator for the insurance sector....
...bus asset impairments....
...The Aberdeen-based business has opted to sell its iconic Greyhound coach line instead. It’s a win for Coast....
...With FirstGroup struggling to sell its US Greyhound business, investors such as Coast may reach the same conclusion as the passengers: rail might try the patience but it can be better than the bus alternative...
...off the bus and looked at this sleek steel vehicle with the likeness of a racing greyhound along its side....
...● FirstGroup rose after putting its US Greyhound coach business up for sale and announcing the separation of the UK bus division....
...More than half of FirstGroup’s £6.4bn revenue last year came from US-based businesses, including school buses and the Greyhound coach line....
...Analysts are glad he is at least getting a move on: taking a £106m onerous contract provision for Transpennine rail franchise losses, and a £277m write down of the US Greyhound bus operation, which has been...
...On a wider scale, the company, which runs the US greyhound bus service as well as a number of UK rail and bus franchises, is under pressure from shareholders to consider restructuring....
...Industry norms are more than twice that, although Mr Corbyn struck again on Thursday promising free bus travel for the under-25s if he seizes Number 10....
...FirstGroup, which operates three UK rail services as well as the iconic Greyhound bus brand in the US, reported a £2m loss for the half year....
...Dollar earner FirstGroup, the UK transport operator that owns the US’s famous Greyhound bus line in the US, says the weaker pound means it can book more revenue with the dollars it earns across the pond....
...Those in New Brighton, in Merseyside, meanwhile look like they might be stops for a Greyhound bus and there are a few, dating from a few years later, that seem to have digested West Coast Googie architecture...
...FirstGroup, which owns the famous Greyhound bus line in the US, on Friday said the fall in the value of sterling against the dollar as a result of the Brexit vote may boost its profits....
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