Pennon mulling bid for Southern Water - Times
16th Nov 2020 11:52
(Sharecast News) - Pennon is said to be mulling a potential bid for embattled rival Southern Water.
Read moreSunday newspaper round-up: Restrictions, Brexit, Pennon
15th Nov 2020 21:43
(Sharecast News) - Today's death toll, which is usually lower on Sunday and Monday due to weekend reporting lags, is up by just 12 from last Sunday - in a sign that fatalities may be flattening out. It comes after the head of the Office for National Statistics said that growth in infections is 'slowing' too. Some 24,962 new confirmed cases of coronavirus were reported today- just five more than last Sunday. Professor Sir Ian Diamond says that while there remains an increase in the number of Covid cases, the data shows a 'slowdown in the rate of growth', providing a small ray of hope for an end to harsh countrywide restrictions. - Financial Mail on Sunday
Read moreFriday broker round-up
25th Sep 2020 13:54
(Sharecast News) - Pets At Home: Berenberg reiterates buy with a target price of 450.0p.
Read morePennon on track to meet expectations after revenue declines
25th Sep 2020 07:02
(Sharecast News) - Pennon said it was on course to report first-half results in line with its own expectations after the Covid-19 crisis caused revenue to fall.
Read moreMonday broker round-up
21st Sep 2020 13:19
(Sharecast News) - Burberry Group: RBC Capital Markets upgrades to sector perform with a target price of 1,620.0p.
Read moreSusan Davy to be Pennon CEO in board overhaul
8th Jul 2020 13:35
(Sharecast News) - Susan Davy will replace Chris Loughlin as chief executive of Pennon in a board overhaul that will also trigger the departure of Chairman John Parker.
Read moreWednesday broker round-up
17th Jun 2020 13:18
(Sharecast News) - Indivior: Jefferies reiterates hold with a target price of 70p.
Read moreMonday broker round-up
6th Apr 2020 12:43
(Sharecast News) - Anglo American: RBC Capital Markets downgrades to sector perform with a target price of 1,500p.
Read moreSunday newspaper round-up: Next, Water giants, NMC Health
5th Apr 2020 20:39
(Sharecast News) - Fashion retailers and their suppliers are braced for a massive shake-out of the industry as an estimated £10bn of clothing piles up in warehouses during the coronavirus lockdown. Retail insiders said major firms including Primark, Peacocks, Arcadia and Next had all stopped taking deliveries to their warehouses because they had no more room. Numerous poorer performing retailers, including Debenhams and vintage-inspired retailer Cath Kidston, are on the verge of collapse. - Guardian
Read morePennon prepared to weather Covid-19 after Viridor sale
30th Mar 2020 08:35
(Sharecast News) - Water company Pennon updated the market on its trading in light on its results for the year ending 31 March, and the Covid-19 coronavirus outbreak, on Monday, reporting that group performance for the 2019-2020 financial year was in line with management expectations.
Read moreFriday broker round-up
20th Mar 2020 13:28
(Sharecast News) - Bunzl: Credit Suisse downgrades to underperform with a target price of 1,195p.
Read moreThursday broker round-up
19th Mar 2020 11:33
(Sharecast News) - Barratt Developments: Jefferies upgrades to buy with a target price of 729p.
Read morePennon to sell Viridor for ?4.2bn to Planets UK Bidco Limited
18th Mar 2020 15:41
(Sharecast News) - Pennon is planning the sale of its recycling and waste business Viridor to Planets UK Bidco Limited for ?4.2bn.
Read moreKingfisher, TUI and NMC Health drop out of FTSE 100
5th Mar 2020 11:14
(Sharecast News) - Kingfisher, TUI and NMC Health have dropped out of the FTSE 100 in the index's quarterly reshuffle.
Read moreJP Morgan upgrades Severn Trent in bullish water companies update
18th Feb 2020 14:25
(Sharecast News) - JP Morgan upgraded its price targets for UK water companies and its recommendation on Severn Trent after the regulator approved five-year plans and December's election removed the threat of nationalisation.
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