National Express says year expectations unchanged
LONDON (Reuters) - Bus and train operator National Express Group (NEX.L) said its full-year performance would meet management expectations, given strong growth across all its businesses.
"The travel industry is not immune to an economic slowdown and we are seeing evidence of consumers becoming increasingly focussed on securing the best value for money they can," Chief Executive Richard Bowker said in a statement on Friday.
National Express also said it was to end its Dot2Dot start-up operation.
(Reporting by Dan Lalor; Editing by Rosalba O'Brien)
© Thomson Reuters 2009 All rights reserved.
Telecoms set for take-off?
European telecoms are undervalued and companies such as Telefonica and Vodafone could rise 25 to 30 percent in the next year, says a fund manager at BlackRock. Full Article

UK
US