London close: Stocks slip as US jobless claims rise
20th Feb 2025 16:06
(Sharecast News) - London equities ended lower on Thursday as investors reacted to a higher-than-expected rise in US jobless claims and a decline in UK consumer confidence.
Read moreCentrica raises dividend, expands share buybacks after EBITDA fall
20th Feb 2025 07:31
(Sharecast News) - Centrica shares were surging on Thursday morning, even after it reported a sharp decline in full-year profits for 2024, with adjusted EBITDA falling to £2.3bn from £3.5bn in 2023, as it declared an increased dividend and announced a further £500m in share buybacks.
Read moreLondon close: Stocks mixed in quiet post-Christmas trade
27th Dec 2024 14:38
(Sharecast News) - London markets closed on a mixed note Friday in subdued trading, as the ongoing holiday period kept activity light with little news to influence sentiment.
Read moreUK energy firms ordered to offer 'zero' standing charges tariffs by Ofgem
12th Dec 2024 12:05
(Sharecast News) - UK energy suppliers have been ordered to offer customers a zero standing charge tariff by next winter after intense criticism of the controversial fees.
Read moreCentrica on track to hit forecasts, ups buyback plan by £300m
10th Dec 2024 07:51
(Sharecast News) - British Gas owner Centrica said it expects full-year profits to match analysts' estimates as it beefed up its share buyback programme by £300m.
Read moreCentrica and EDF extend operations at four nuclear power stations
4th Dec 2024 07:34
(Sharecast News) - Energy suppliers Centrica and EDF have announced the extension of the lives of four operational nuclear power stations, which they say will help maintain grid stability in the UK.
Read moreLondon close: Stocks mixed as government borrowing rises
22nd Oct 2024 15:23
(Sharecast News) - London stocks saw a mixed performance on Tuesday, with investors digesting the latest data on government borrowing ahead of next week's Budget.
Read moreLondon close: FTSE slips as US job openings miss forecasts
4th Sep 2024 15:00
(Sharecast News) - London stock markets ended Wednesday flat to lower as investors processed fresh economic signals from the US, particularly a lower-than-expected job openings report.
Read moreLondon close: Stocks mixed as investors digest fresh US data
29th Aug 2024 15:12
(Sharecast News) - London's stock markets closed in a mixed state on Thursday, as investors reacted to fresh economic data from the United States, including the latest GDP and jobless claims numbers.
Read moreLondon close: Stocks mixed on tsunami of updates, US GDP data
25th Jul 2024 15:27
(Sharecast News) - London stocks closed with mixed results on Thursday as investors processed faster-than-anticipated economic growth in the United States, following a heavy flow of corporate announcements earlier in the day.
Read moreCentrica profits drop in 'normalising' market conditions
25th Jul 2024 07:41
(Sharecast News) - British Gas owner Centrica said on Thursday that it was extending its share buyback programme as it posted a drop in first-half profits in what it called a more "normalised" external environment.
Read moreLondon close: Stocks mixed on raft of global PMI data
1st Jul 2024 17:33
(Sharecast News) - London stocks ended Monday with mixed results as investors navigated a mix of UK economic data and the outcome of the French elections.
Read moreBerenberg upgrades British Gas owner Centrica to 'buy'
1st Jul 2024 08:56
(Sharecast News) - Berenberg upgraded British Gas owner Centrica on Monday to 'buy' from 'hold' and lifted the price target to 155p from 130p.
Read moreCentrica sees all units hitting medium-term earnings two years early
5th Jun 2024 07:03
(Sharecast News) - British Gas owner Centrica said trading was in line with expectations against the backdrop of a more "normalised" environment, with all retail supply and optimisation businesses to be within their medium-term sustainable adjusted operating profit ranges in 2024 - two years ahead of schedule.
Read moreRBC Capital lifts Centrica to 'outperform', shares rally
31st May 2024 10:37
(Sharecast News) - RBC Capital Markets upgraded Centrica on Friday to 'outperform' from 'sector perform' and lifted the price target to 170p from 145p.
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