Berenberg reiterates ‘buy’ recommendation on John Menzies after profit warning
Analysts said that the industry issues are clearly negative but their investment thesis is based on the structural growth of the aviation industry and outsourcing trends
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Industry & services
452 stories · page 21 of 23
John Menzies plummets as it warns profits squeezed by weak aviation market
The airport services provider said the market was seeing weak cargo volumes and a reduced flight schedule
Global Ports receives offers for assets as Goldman Sachs kicks off strategic review
Offers have been received, meanwhile, the Goldman run review will look at asset sales as well as new opportunities and partnerships.
James Fisher and Sons names new CEO ahead of October handover
Eoghan O'Lionaird joins the company in September before becoming chief executive in October.
Spirax-Sarco slips off all-time high as Goldman says 'sell'
Goldman Sachs cut its rating from its previous ‘neutral’ stance, but still upped its share price target to 7,500p from 6,700p with the FTSE 100 group’s shares having surged more than 50% in 2019
Fastjet descends as CEO takes off
The low-cost carrier said Nico Bezuidenhout would leave the firm at the end of September
Stagecoach upped to ‘buy’ by Liberum as share slide leads to “more attractive” valuation
The broker said while "strategic challenges" remain for the group's bus business, these are balanced by a supportive dividend yield and "more moderate" capital expenditure
Trainline shares travel higher as it posts sales growth in first update since IPO
Trainline maintained its full-year guidance that was provided at the time of its initial public offering in June
Aston Martin’s biggest investor considers adding to its 31% stake
Investindustrial is looking at buying another 3% stake, just nine months after it sold shares worth £450mln at the carmaker’s less-than-turbo charged IPO
Avation rises as leasing business expected to report record revenues for 2019
The aircraft lessor said that in the coming year it would continue to focus on growing its fleet of 48 planes
MoneyGram stock surges on $30 million partnership from blockchain company Ripple
The two-year deal will allow the international money transfer company to make use of Ripple’s xRapid platform and its XRP digital asset
Recruiter SThree reports gross profit growth even as Brexit hits UK business
The UK and Ireland business saw net fees drop 9% to £23.8mln as Brexit uncertainty hurt business sentiment and delayed hiring decisions
MoneyGram stock jumps on analyst upgrade, UAE partnership
The money transfer service teamed up with First Abu Dhabi Bank’s digital wallet, payit
HyreCar sees quarterly revenue double as carsharing company widens reach to all 50 US states
HyreCar works as an intermediary, a matchmaker of vehicles and qualified drivers looking to sign up with Lyft and Uber
Recruitment firm SThree posts gross profit growth despite Brexit-driven drop in UK unit
SThree's departing chief executive Gary Elden said the recruiter remains "confident in achieving good growth in the current year"
HyreCar is a ride-sharing play that should be on every investor's map
While Lyft and Uber race toward IPOs, investors may be surprised to discover there’s a public ride-sharing company right around the corner
HyreCar stock revs up after it posts a profit for the full year on record revenue
The Los Angeles company said the sales surge is a result of ‘continued expansion’ of the company’s scalable network business model, which now spans 50 US states
Hawaiian Airlines operator falls after 4Q earnings highlight concerns around key metric
Investors had hoped for better revenue per available seat mile stats from the parent company's Hawaiian Airlines
SThree hikes dividend for first time in seven years as 2018 profit beats expectations
"Looking forward to the year ahead, our post-year end trading is in line with expectations and we remain well positioned to benefit from the growth opportunities in our chosen STEM markets," said chief executive Gary Elden
Resources Connection rallies after consulting firm reports 2Q revenue grew 20%
Gross margin widened to almost 39% from 37.9% over improvement in the pay-rate-to-bill-rate ratio and lower costs in the company’s self-insured medical program