Ofgem launches investigation into British Gas, E.ON and npower
14th Oct 2014 14:27
Energy regulator Ofgem has launched an investigation into British Gas, E.ON and npower over their low roll-out performance of advanced electricity meters. The government's advanced meter roll-out scheme has required electricity suppliers to fit 155,000 business customers with advanced electricity me
Read moreCentrica purchases one million of its own shares
29th Sep 2014 09:03
Centrica has announced on Monday the purchase of one million Centrica ordinary shares through Goldman Sachs International at an average price of 307.161p per share. The highest price and the lowest price paid for these shares were 308p and 306p respectively. The purchased shares will be held as tre
Read moreMonday broker round-up UPDATE
22nd Sep 2014 11:28
Avation: WH Ireland shifts target price from 200p to 206p and maintains a buy recommendation BAE Systems: UBS raises target price from 460p to 505p and reiterates a buy recommendation. Centrica: Goldman Sachs ups target price from 385p to 396p leaving its buy recommendation unchanged. Chariot Oil
Read moreEnergy companies to refund around 3m customers
10th Sep 2014 11:05
Around three million households will be able to claim back money from the so-called "big six" energy companies from Wednesday. The move comes after industry regulator Ofgem uncovered accumulated funds resulting from unclaimed balances by customers who had switched to a different energy supplier or m
Read moreWednesday newspaper round-up: Scottish referendum, Apple, UK energy...
10th Sep 2014 07:18
Buckingham Palace has taken the unprecedented step of warning politicians not to drag the Queen into the battle over Scottish independence. In unusually forceful language betraying signs of irritation at the highest level, a palace spokesman rejected calls from MPs, including Labour’s Simon Da
Read moreLondon midday: Gains limited as investors await ECB meeting, Draghi
4th Sep 2014 12:09
- Draghi in focus as ECB decides on policy - BoE holds rates, global data ahead - Standard Life surges after Canadian deal - EasyJet, Supergroup and Go-Ahead rise techMARK 2,868.07 +0.03% FTSE 100 6,888.35 +0.21% FTSE 250 15,960.26 -0.20% UK market were rangebound on Thursday morning, fluctuating
Read moreLondon open: Standard Life leads UK stocks higher, but gains limited ahead of ECB
4th Sep 2014 09:00
- Expectations high ahead of ECB meeting - BoE decision and global economic data also in focus - Standard Life surges on cash return news - FTSE 100 nears 14-year and record intraday high techMARK 2,868.54 +0.04% FTSE 100 6,881.13 +0.11% FTSE 250 15,977.67 -0.09% UK stocks were close to a 14-year
Read moreCentrica expects bigger hit from EDF Energy power-station outage
4th Sep 2014 07:46
Centrica has said that the negative impact on earnings from a reduction in output at EDF Energy's nuclear power stations is now expected to be at least twice the amount originally estimated. The UK-listed energy company, which owns a 20% interest in EDF Energy's nuclear operations, had predicted -
Read moreMonday newspaper round-up: Barclays, BP, RAC...
1st Sep 2014 07:01
Barclays is selling its Spanish banking operations to CaixaBank as part of plans to shrink its European divisions. CaixaBank, Spain's third-largest lender, will pay €800m (£632m) in cash for Barclays' retail banking, wealth management and corporate banking businesses. - The Telegraph Alexander Teme
Read moreLondon midday: UK stocks retreat on rate-hike uncertainty
20th Aug 2014 12:00
- MPC split on rate decision for first time since 2011 - FOMC minutes due out after the close - Ex-dividend stocks, Balfour Beatty weigh on market - Beverage shares hit by Carlsberg results techMARK 2,798.96 -0.07% FTSE 100 6,752.88 -0.39% FTSE 250 15,794.83 -0.63% UK equities retreated from a thr
Read moreLondon open: Stocks snap five-day win streak ahead of central bank minutes
20th Aug 2014 09:00
- MPC, FOMC minutes in focus - FTSE 100 pulls back from three-week high - Balfour drops after rejecting Carillion bid - Glencore announces $1bn buyback techMARK 2,802.00 +0.04% FTSE 100 6,769.90 -0.14% FTSE 250 15,859.07 -0.23% UK stocks snapped a five-day winning streak on Wednesday ahead of the
Read moreTuesday broker round-up
19th Aug 2014 09:19
Amlin: Deutsche Bank cuts target price from 472p to 461p and reiterates a hold recommendation. Anglo Pacific: FinnCap lowers target price from 184p to 180p retaining a hold recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1057p to 1063p and keeps a buy recommendation. Libe
Read moreLondon open: Stocks fall despite strong earnings, as geopolitics weigh
12th Aug 2014 09:00
- Investors watch Ukraine crisis amid 'aid mission' speculation - ZEW surveys in focus in Germany - Ladbrokes, Just Eat, Serco and SIG rise after results - Hargreaves Lansdown hit by comments from UBS techMARK 2,721.19 -0.23% FTSE 100 6,621.59 -0.17% FTSE 250 15,468.99 +0.05% UK stocks declined on
Read moreFTSE 100 movers: Rio Tinto leads miners higher
11th Aug 2014 16:32
The mining sector was performing well with heavyweights such as Rio Tinto, Glencore and Anglo American making gains. Rio was supported by comments from Canaccord Genuity, which repeated its 'buy' rating on the back of the miner's strong free cash flows in the first half. Centrica inched higher desp
Read moreLondon midday: Bargain-hunting helps UK stocks rebound
11th Aug 2014 12:03
- Geopolitical tensions ease slightly - Gaza, Ukraine, Iraq news-flow improves - Balfour rejects Carillion approach again techMARK 2,718.86 +0.91% FTSE 100 6,613.50 +0.70% FTSE 250 15,425.38 +1.19% UK stocks were performing well on Monday morning as investors took advantage of easing geopolitical
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