Mobico shares tumbled on Thursday after the transport operator - formerly National Express - cut its full-year earnings outlook and said it was looking to sell its North America school bus business and suspend its final dividend.
Mobico Prepares to Sell N America School Bus Unit on High Costs bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
Mobico Group PLC shares tumbled on Thursday morning after suspending its full-year dividend and cutting down its annual earnings target.
Shares in the Birmingham-based public transport provider,.
FTSE 100 up 29 points at 7,649 UK economy grows 0.2% in August Wagamama owner soars on Apollo bid 2:48pm: US stocks little changed at the open US stocks.