Stagecoach issues “modest” downgrade to FY earnings forecast

LONDON, Dec (Shanghai: 600875.SS – news) 9 (Reuters) – British rail and bus operatorStagecoach downgraded “modestly” its annual earningsforecast due to a fall in travel to big cities sincemid-November, a trend it blamed on militant attacks in Paris.
Stagecoach said it believed the attacks which killed 130people in the French capital on Nov. 13, had discouraged visitsto major cities.
“Since mid-November, we have seen a reduction in the rate ofrevenue growth in parts