UK MARKET TALK ROUNDUP: BROKERS COMMENTS
23rd Jun 2010 07:19
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] 0619 GMT [Dow Jones] The VAT increase announced by the UK Chancellor will benefit UK water and energy networks, says Deutsche
Read moreMARKET TALK: VAT Hike Good For UK Water, Energy - Deutsche
23rd Jun 2010 07:19
0619 GMT [Dow Jones] The VAT increase announced by the UK Chancellor will benefit UK water and energy networks, says Deutsche Bank. Says the increase will be a benefit for the regulated networks since it will feed through to inflation via the retail price index. Says the government's revised RPI for
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
22nd Jun 2010 07:48
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] 0648 GMT [Dow Jones] Barclays Capital initiates coverage of Centrica (CNA.LN) at underweight, with 295p price target. Says Ce
Read moreMARKET TALK: Barclays Capital Starts Centrica At Underweight
22nd Jun 2010 07:48
0648 GMT [Dow Jones] Barclays Capital initiates coverage of Centrica (CNA.LN) at underweight, with 295p price target. Says Centrica has outperformed the utilities sector by around 25% over the last 12 months. Says the outperformance has been due to an improving outlook for the company's downstream b
Read moreApplications Given Early Antitrust Clearance
21st Jun 2010 14:51
The Hart-Scott-Rodino Act requires under certain circumstances that prospective acquirers of voting securities or assets apply for clearance from regulators. Requests for early termination or clearance are granted when the Federal Trade Commission and the antitrust division of the Department of Just
Read moreUPDATE: SeaEnergy Seeks Buyer For Wind Farm Unit
18th Jun 2010 11:04
(Adds executive and analyst comment.) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Renewable energy firm SeaEnergy PLC (SEA.LN) Friday said it is seeking a buyer for its wind farm development unit and will focus instead on servicing offshore turbines, after investors balke
Read moreNational 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 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 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 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
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