National Grid: LNG Cargo Berths At UK Isle Of Grain Tuesday
15th Jun 2010 14:43
LONDON (Dow Jones)--U.K. natural gas grid operator National Grid PLC (NGG) said the British Trader liquefied natural gas ship berthed at its Isle of Grain regassification terminal in Kent, southeast England, Tuesday. The Isle of Grain terminal is able to import 9.8 million metric tons of LNG a y
Read moreNational Grid: LNG Cargo Berths At Isle Of Grain Sunday
14th Jun 2010 11:09
LONDON (Dow Jones)--U.K. natural gas grid operator National Grid PLC (NGG) Monday said the Al Aamriya liquefied natural gas ship berthed Sunday at its Isle of Grain regassification terminal in Kent, southeast England. The Isle of Grain terminal is able to import 9.8 million metric tons of LNG a
Read moreCentrica's Direct Energy To Acquire Clockwork In $183M Deal
10th Jun 2010 10:36
LONDON (Dow Jones)--U.K. utility Centrica PLC (CNA.LN) said Thursday that its North American subsidiary Direct Energy is acquiring home services business Clockwork Home Services Inc. for $183 million in cash, including assumed debt. The deal will make Direct Energy a market leader in the North A
Read moreMARKET TALK: US Deal Positive For Centrica Share Price
10th Jun 2010 07:53
0653 GMT [Dow Jones] The acquisition by Centrica's (CNA.LN)North American subsidiary Direct Energy of Clockwork Home Services should be positive for the Centrica share price, says an analyst. Says the deal shows that Centrica is following the same successful strategy it has displayed in the UK. Says
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
10th Jun 2010 07:53
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0653 GMT [Dow Jones] The acquisition by Centrica's (CNA.LN)North American subsidiary Direct Energy of Clockwork Home Services
Read moreCentrica To Buy US Home Services Business For $183M
10th Jun 2010 07:10
LONDON (Dow Jones)--Centrica PLC (CNA.LN) Thursday announced that its North American subsidiary, Direct Energy, has reached an agreement to acquire the assets of the pan-North American home services business, Clockwork Home Services Inc, for a cash consideration of $183 million (GBP126 million), inc
Read moreThursday tips round-up: Barratt, Genus, Centrica
13th May 2010 06:05
Competition for land in the South ? towards which Barratt Developments has tilted its axis ? is getting fierce, and the impact of deficit-reduction measures in a country in which one in five works for the State is unclear. At 123¼p, up 6¾p, there should be better times to buy, according to the Times
Read moreBroker tips: Centrica, Capita, TUI Travel
11th May 2010 12:45
Centrica has done well so far this year as British Gas continues to add more customer accounts and deliver further cost savings, keeping Charles Stanley on side. The UK energy hedge position has been addressed through the transformational acquisitions of Venture and British Energy, creating a more
Read moreBroker snap: Centrica gets Charles Stanley's vote
11th May 2010 10:22
Centrica has done well so far this year as British Gas continues to add more customer accounts and deliver further cost savings, keeping Charles Stanley on side. The UK energy hedge position has been addressed through the transformational acquisitions of Venture and British Energy, creating a more
Read moreLondon midday: Surge continues
10th May 2010 12:43
Footsie has continued its upward surge on the back of a €720bn deal to prop up the euro agreed by ministers at the weekend. The three-year plan includes €60bn (£52bn) from all EU members, €440bn (£381bn) from the 16-nation eurozone and €220bn from the IMF. Footsie has bounded forward by over 5%.
Read moreLondon pre-open: Rally seen after eurozone rescue
10th May 2010 07:35
World stock markets are set to rally Monday after global authorities put together a £650bn rescue deal they hope will sort out the Greek debt crisis once and for all. European Union finance ministers agreed the €750bn EU and International Monetary Fund bailout fund in talks over the weekend. The th
Read moreCentrica still positive on earnings oulook
10th May 2010 07:02
Centrica remains positive about the earnings outlook for 2010 as British Gas has added over 200,000 residential energy accounts so far this year and the upstream UK business maintains production targets. The group said its UK residential energy supply business British Gas had a "very strong" start
Read moreWeek Ahead:BoE rate decision, Centrica, BT, Sainsbury
7th May 2010 11:44
The Bank of England delayed the meeting of its Monetary Policy Committee (MPC) last week as it clashed with the date of the general election. The date was rescheduled to avoid any accusation of the MPC's decisions on interest rates and fiscal stimulus influencing the election result. The MPC is s
Read moreLondon close:Equities advance on broad front
20th Apr 2010 17:11
London brought its two day losing streak to an end today, despite a mixed reception to the day's major company announcements and a disappointing set of inflation figures. A sharp rise in fuel costs was responsible for much of the acceleration in the inflation rate, which climbed to 3.4% from 3% in
Read moreLondon afternoon: Tesco heads small band of fallers
20th Apr 2010 14:13
The blue-chip index shuffled sideways over the lunch time session with not even expectations of a firm opening on Wall Street encouraging buyers to commit further. Earlier in the day sentiment had received a knock from worse than expected inflation data. A sharp rise in fuel costs was responsible f
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