Friday newspaper round-up: National Grid, Barclays, Brexit
17th Jun 2016 07:16
(ShareCast News) - MPs are calling for National Grid, the company that runs Britain's electricity system, to be broken up in a radical move they say could transform the UK's energy supply. Members of the cross-party energy select committee have said they believe that National Grid, which is one of B
Read moreMonday newspaper round-up: BHS, Sports Direct, Sky, National Grid
13th Jun 2016 06:57
(ShareCast News) - Retail tycoon Mike Ashley has opened a new front in the war of words surrounding the fate of BHS, claiming there is still time to save thousands of jobs as he made a third approach for the collapsed department store chain once owned by rival billionaire Sir Philip Green. However,
Read moreWednesday broker round-up
8th Jun 2016 13:18
(ShareCast News) - Hochschild Mining: UBS downgrades to neutral with a target price of 160p. Esure Group: JP Morgan keeps at overweight with a 330p target. Royal Dutch Shell: RBC reiterates outperform with a target price of 2000p and JP Morgan stays atneutral with a target price of 1630p. National
Read moreSector movers: Automobile stocks boosted by US sales figures, weak euro
2nd Jun 2016 16:48
(ShareCast News) - Cyclical sectors such as chemicals and automobiles led gainers, alongside a bounce for food&drug retailers and fixed line telecommunications stocks. Shares in Johnson Matthey were the main culprit behind gains in the former, after the chemicals and sustainable technology group exp
Read moreFriday newspaper share tips: National Grid and Ricardo
20th May 2016 14:57
(ShareCast News) - Shares in National Grid are good to hold in portfolios because of their attractive yield, and the prospect of additional income further down the track, said The Times' Tempus column today. The UK's largest-listed utility has bumped up its dividend for the past year by 1.1%, which
Read moreNational Grid full-year pre-tax profit up 15%
19th May 2016 07:30
(ShareCast News) - Electricity and gas network operator National Grid posted a jump in pre-tax profit for the year to the end of March, with a particularly strong performance at the interconnectors business. Pre-tax profit rose 15% from the same period in 2015 to £3.03bn. Adjusted earnings per share
Read moreSunday share tips: Marks & Spencer, National Grid, Assura
15th May 2016 15:03
(ShareCast News) - Marks & Spencer shares were given a 'hold' rating by Questor in the Sunday Telegraph. Last week, recently promoted boss Steve Rowe began to cut the senior management cloth to suit his new regime, though we will not know his true plans until final results are posted on 25 May. Rowe
Read moreSunday newspaper round-up: Oil, BoE, Lloyds, buy-to-let, Centrica
8th May 2016 15:45
(ShareCast News) - Low oil prices look set to drag on after Saudi Arabia's moderate oil minister Ali al-Naimi was ousted by the government. The replacement of Al-Niaimi, who was leading calls to help rebalance the struggling oil market, has scuppered hope that the world's major oil producing nations
Read moreBroker tips: Centrica, Stagecoach, National Grid
5th May 2016 15:45
(ShareCast News) - Centrica's shares fell as HSBC retained its 'hold' rating on the stock, citing a risk of a credit downgrade by Moody's from Baa1 to Baa2. However, the bank raised Centrica's target price to 250p from 200p as it believes the owner of British Gas will benefit from cost cutting measu
Read moreJP Morgan says National Grid strategy will pay dividends
5th May 2016 14:55
(ShareCast News) - National Grid's strategy could be expected to pay dividends - literally so - JP Morgan said. The company's sell-down strategy in Gas Distribution was both "sound and simplistic", analyst Christopher Laybutt said in a research note sent to clients. When it completed in early 2017
Read moreSector movers: Banks and homebuilders lead gains
26th Apr 2016 15:19
(ShareCast News) - Banks and real estate and property stocks rode to the top of the leaderboard on the heels of well-received quarterly earnings from StanChart and a perception that Brexit risks were fading, although analysts and market commentary were cautious on both counts. For the first quarter
Read moreNational Grid hit by jump in UK debt yields
21st Apr 2016 18:38
(ShareCast News) - Public sector net borrowing in the UK only overshot the Chancellor's target for the full fiscal year modestly, analysts said, but that was enough to push sovereign debt yields higher, knocking the likes of National Grid off their perch. Westminster's net cash requirement fell 34.0
Read moreLondon pre-open: Stocks seen lower as investors continue to digest Brussels attacks
23rd Mar 2016 07:37
(ShareCast News) - London stocks were set to open lower on Tuesday following a mostly negative session in Asia as investors continue to digest the terror attacks in Brussels. The FTSE 100 is seen starting 25 points lower than Tuesday's close at 6,167. "While travel and hotel stocks took a bit of a
Read moreNational Grid picks up HS1's Nicola Shaw
23rd Mar 2016 07:32
(ShareCast News) - National Grid announced its new UK Executive Director on Wednesday, appointing High Speed 1's Nicola Shaw to the role. The FTSE 100 electricity infrastructure firm said the appointment complemented that of John Pettigrew's, who was announced as CEO in November. "Nicola has a stro
Read moreNational Grid hit by Ofgem fine over gas leak failures
22nd Mar 2016 11:17
(ShareCast News) - Regulator Ofgem has hit energy company National Grid with a £3m fine and limited the revenue it can earn from its gas distribution networks by £2m after the company's failure to meet repair and customer satisfaction targets. The FTSE 100 company has agreed with Ofgem to pay £3m, w
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