{"id":300837,"date":"2011-03-11T09:33:40","date_gmt":"2011-03-11T09:33:40","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/11\/first-group-hit-by-school-bus-arm\/"},"modified":"2011-03-11T09:33:40","modified_gmt":"2011-03-11T09:33:40","slug":"first-group-hit-by-school-bus-arm","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/11\/first-group-hit-by-school-bus-arm\/","title":{"rendered":"First Group hit by school bus arm"},"content":{"rendered":"<p><div readability=\"51.2822185971\">\n        \t\t  <span><br \/>\n    <span>11 March 2011<\/span><br \/>\n<span>Last updated at <\/span><span>04:33 ET<\/span><br \/>\n<\/span><\/p>\n<p>Shares in First Group fell despite the transport group saying it was on course to meet earnings and cash targets.<\/p>\n<p>The company, which runs the Great Western train franchise, said in a trading update that it&#8217;s British rail business should deliver revenue growth of 5.1% for the year.<\/p>\n<p>But investors were unnerved by a warning that its school bus division is under pressure from budget cuts.<\/p>\n<p>First Group shares opened more than 5% down, compounding recent falls.<\/p>\n<p>The company, the UK&#8217;s largest train operator, said in a statement: &#8220;We are encouraged by improving trends in UK rail and Greyhound and a continued steady performance in our UK bus and transit operations.&#8221;<\/p>\n<p>But it added that, during the past three months, its First Student bus business had been &#8220;disappointing,&#8221; and said margins at the division would continue to be under pressure this year.<\/p>\n<p>Shares in First Group had fallen almost 8% in in the last three months.<\/p>\n<\/p><\/div>\n<\/p>\n<p>See the original post:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-12710380\" title=\"First Group hit by school bus arm\" rel=\"noopener noreferrer\">First Group hit by school bus arm<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 11 March 2011 Last updated at 04:33 ET Shares in First Group fell despite the transport group saying it was on course to meet earnings and cash targets. The company, which runs the Great Western train franchise, said in a trading update that it&#8217;s British rail business should deliver revenue growth of 5.1% for the year. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-300837","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First Group hit by school bus arm - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/11\/first-group-hit-by-school-bus-arm\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"First Group hit by school bus arm - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"11 March 2011 Last updated at 04:33 ET Shares in First Group fell despite the transport group saying it was on course to meet earnings and cash targets. The company, which runs the Great Western train franchise, said in a trading update that it&#039;s British rail business should deliver revenue growth of 5.1% for the year.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/11\/first-group-hit-by-school-bus-arm\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/11\/first-group-hit-by-school-bus-arm\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"First Group hit by school bus arm\",\"datePublished\":\"2011-03-11T09:33:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/11\/first-group-hit-by-school-bus-arm\/\"},\"wordCount\":178,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/11\/first-group-hit-by-school-bus-arm\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/11\/first-group-hit-by-school-bus-arm\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/11\/first-group-hit-by-school-bus-arm\/\",\"name\":\"First Group hit by school bus arm - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-03-11T09:33:40+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/11\/first-group-hit-by-school-bus-arm\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"First Group hit by school bus arm - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/11\/first-group-hit-by-school-bus-arm\/","twitter_card":"summary_large_image","twitter_title":"First Group hit by school bus arm - Ghanamma.com","twitter_description":"11 March 2011 Last updated at 04:33 ET Shares in First Group fell despite the transport group saying it was on course to meet earnings and cash targets. 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