The fallout from last year's West Coast mainline fiasco was the �final straw� that forced FirstGroup to launch a heavily discounted rights issue on Monday, according to its chief executive.
Shares in London remain in positive territory despite an earlier dip over fears the US Federal Reserve may be preparing to ease its quantitative easing programme sooner than anticipated.
Tuesday preview: M&S and Vodafone report LONDON (SHARECAST) - Marks & Spencer (M&S) and Vodafone are expected to make waves Tuesday when they release their full-year results.
LONDON�Budget carrier Ryanair Holdings PLC is targeting expansion in Northern Europe as it pursues an ambitious growth strategy with plans to increase traffic by 25% over the next five years.
U.S. stocks were trading mixed Monday, as the Dow Jones Industrial Average recently shed 11 points to 15343, the Standard & Poor's 500-stock index added a point to 1668, and the Nasdaq Composite climbed six points to 3505.