Centrica to sell US business for $3.6bn as first-half profit falls
24th Jul 2020 08:02
(Sharecast News) - British Gas owner Centrica said it was selling its US energy business to NRG Energy $3.6bn (£2.87bn) as part of a plan to turn the company around.
Read moreUK hours worked plunge with worse to come for jobs
16th Jun 2020 07:57
(Sharecast News) - The number of hours worked in the UK fell at a record pace as an extra 6m people stayed off work during the Covid-19 crisis, official figures showed.
Read moreFriday broker round-up
12th Jun 2020 15:09
(Sharecast News) - Countryside Properties: Berenberg reiterates buy with a target price of 360p.
Read moreUK job cuts mount as Covid-19 takes its toll
11th Jun 2020 12:25
(Sharecast News) - UK job losses continued to mount in their thousands on Thursday as Centrica, Johnson Matthey and Bombardier became the latest companies to announce large reductions to their workforces in the Covid-19 crisis.
Read moreCentrica to cut 5,000 jobs and slash management
11th Jun 2020 08:35
(Sharecast News) - Centrica plans to cut about 5,000 jobs with more than half the cuts affecting management as the energy supplier's new boss seeks to reduce costs and revive earnings.
Read moreFTSE 100 set for shake-up as easyJet faces drop
27th May 2020 10:25
(Sharecast News) - The FTSE 100 could be in for its biggest shake-up in more than a decade as the Covid-19 crisis looks set to eject easyJet and Carnival from the index of leading shares.
Read moreFriday broker round-up
24th Apr 2020 13:45
(Sharecast News) - Beazley: Jefferies upgrades to buy with a target price of 575p.
Read moreWednesday broker round-up
22nd Apr 2020 13:54
(Sharecast News) - Centrica: Jefferies downgrades to hold with a target price of 29p.
Read moreJefferies cuts Centrica rating as headwinds loom
22nd Apr 2020 12:34
(Sharecast News) - Centrica faces major headwinds and will not pay a dividend in 2020, Jefferies said as the broker downgraded the struggling energy provider to 'hold' and slashed its price target.
Read moreCentrica appoints CFO Chris O'Shea as permanent CEO
14th Apr 2020 07:32
(Sharecast News) - Centrica has appointed Chief Financial Officer Chris O'Shea as its permanent chief executive less than a month after he took the job on an interim basis.
Read moreBerenberg times price target on Centrica, retains rating
3rd Apr 2020 14:21
(Sharecast News) - Berenberg has trimmed its price target and maintained its 'hold' recommendation on Centrica, after the British Gas owner pulled its dividend.
Read moreFriday broker round-up
3rd Apr 2020 12:35
(Sharecast News) - National Grid: Deutsche Bank downgrades to hold with a target price of 910p.
Read moreCentrica pulls dividend, pauses Spirit sale
2nd Apr 2020 07:04
(Sharecast News) - British Gas owner Centrica cancelled its dividend, cut capex and paused the planned sale of its Spirit Energy business to mitigate the impact of the coronavirus pandemic.
Read moreCentrica replaces chairman and makes CFO interim CEO
17th Mar 2020 07:08
(Sharecast News) - Centrica has replaced its chairman and appointed its chief financial officer as interim chief executive of the struggling energy provider.
Read moreJefferies stays at 'buy' on Centrica following meeting with CFO
21st Feb 2020 14:49
(Sharecast News) - Analysts at Jefferies reiterated their 'buy' recommendation for shares of Centrica following a meeting with the company's finance director, Chris O'Shea.
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