London close: Stocks slip on UK election, US jobless claims
23rd May 2024 16:46
(Sharecast News) - London stocks ended lower on Thursday, mirroring Wall Street's decline as jobless claims in the US fell more than anticipated.
Read moreFTSE 250 movers: Drax and Pennon hit by political risk
23rd May 2024 16:18
(Sharecast News) - Drax Group was struggling at the bottom of the pile on a down day for the second-tier index.
Read moreNational Grid reports mixed year, announces £7bn rights issue
23rd May 2024 08:25
(Sharecast News) - National Grid shares were sliding on the release of its full-year results on Thursday morning, as it announced an equity raise of £7bn through a rights issue to support its future investments.
Read moreLondon close: Stocks mixed as investors watch Middle East newsflow
19th Apr 2024 16:56
(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.
Read moreNational Grid raises underlying EPS guidance on accounting change
18th Apr 2024 07:39
(Sharecast News) - National Grid has lifted its profit guidance for the year to 31 March after an accounting change due to a tax relief change announced by the government.
Read moreLondon close: Stocks make small gains on quiet Thursday
23rd Nov 2023 16:09
(Sharecast News) - London's stock markets saw a positive turnaround by the end of the day on Thursday despite subdued trading activity due to the Thanksgiving holiday in the United States.
Read moreLondon close: Stocks gain as investors await Powell speech
9th Nov 2023 15:02
(Sharecast News) - London's stock markets were buoyant at the close of trading on Thursday, influenced by Chinese inflation data, a substantial influx of corporate news, and a speech from the Fed chair later in the global day.
Read moreNational Grid earnings fall in first half, as expected
9th Nov 2023 07:50
(Sharecast News) - National Grid reported a first-half underlying operating profit of £1.8bn on Thursday, in line with expectations, but down 15% at actual exchange rates and 14% at constant currency.
Read moreNational Grid trading in line, underlying EPS expected to be H2 weighted
5th Oct 2023 07:55
(Sharecast News) - National Grid said on Thursday that it continues to perform in line with its expectations and underlying earnings per share are set to have a greater weighting to the second half.
Read moreLondon close: Stocks finish in the red after raft of global data
4th Oct 2023 16:33
(Sharecast News) - London stocks retreated on Wednesday, reversing earlier gains as investors contended with suboptimal data from the UK services sector and the US jobs market.
Read moreBroker tips: Prudential, National Grid, SSE
23rd Aug 2023 14:53
(Sharecast News) - Deutsche Bank has cut its target price for insurance giant Prudential ahead of its results next week, but said the stock is still an "attractive" investment at the current valuation.
Read moreRBC picks National Grid and SSE as top utility stocks
23rd Aug 2023 10:13
(Sharecast News) - RBC has cut its target prices for a host of UK utility stocks, but highlighted networks National Grid and SSE as its top picks in the sector.
Read moreNational Grid sells further 20% of National Gas unit to Macquarie-led consortium
19th Jul 2023 07:03
(Sharecast News) - National Grid has sold a further 20% of its UK National Gas transmission and metering business to the existing majority owners, a consortium of investors led by Macquarie Asset Management, for around £700m.
Read moreBerenberg stays at 'hold' on National Grid, sees shares 'fully valued'
24th May 2023 14:27
(Sharecast News) - Analysts at Berenberg reiterated their 'hold' recommendation and 1,100.0p target price on shares of National Grid, the British electricity and gas utility.
Read moreNational Grid reports strong year but warns of lower EPS
18th May 2023 10:25
(Sharecast News) - National Grid reported a positive full-year financial performance on Thursday, but warned of lower earnings going forward as a result of regulatory changes in the UK.
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